Cannabis seedlings are shown at an Aurora Cannabis facility, Friday, November 24, 2017 in Montreal. Aurora Cannabis Inc. lost $237.7 million in the second quarter of its fiscal year even though net revenues surged to $54.2 million as sales of cannabis increased five-fold. ( Ryan Remiorz / THE CANADIAN PRESS )Net revenues for the three months ended Dec. 31 increased from $11.7 million in the second quarter of 2017. The increase was driven by $21.6 million in consumer sales in Canada and $26 million in Canadian and international medical marijuana sales. Aurora criticized the federal government’s decision to impose a 10 per cent excise tax on cannabis sales, including for medical cannabis patients.
Source: thestar February 11, 2019 22:52 UTC