Aurora Cannabis Inc Reported Earnings

Marijuana soared in the Stock Market

FILE PHOTO: The Logo for Aurora Cannabis Inc., a Canadian licensed cannabis producer, is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 8, 2019. REUTERS/Brendan McDermid/File Photo

Sept 11 (Reuters) – Aurora Cannabis Inc reported a surge in revenue on Wednesday, as demand got a boost fromCanada’s legalization of recreational marijuana use late last year.

Aurora Cannabis Inc Reports
FILE PHOTO: The Logo for Aurora Cannabis Inc., a Canadian licensed cannabis producer, is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 8, 2019. REUTERS/Brendan McDermid/File Photo

The Edmonton, Alberta-based company’s revenue rose to C$98.9million ($75 million) in the fourth quarter ended June 30, fromC$19.2 million a year earlier.($1 = C$1.32)(Reporting by Debroop Roy in Bengaluru; Editing by Maju Samuel)

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