Aurora Cannabis CEO: Company is on track to be profitable by fiscal 2023

Aurora Cannabis CEO: Company is on track to be profitable by fiscal 2023 thumbnail

Miguel Martin, Aurora Cannabis CEO, joins ‘Closing Bell’ to discuss its latest on the company’s earnings and on the potential for marijuana legalization. For access to live and exclusive video from CNBC subscribe to CNBC PRO:

The cannabis company’s shares fell 3.7% in extended trading after the company reported a slight revenue miss in its quarterly results. Aurora recorded CAD $60.1 million compared to estimates of CAD $60.6 million. It also reported a 23% increase in sales of medical cannabis, however, sales of recreational cannabis declined 44%. Recreational cannabis makes up 95% of sales across Canada.

Subscribe to CNBC TV: n
Subscribe to CNBC: C
Subscribe to CNBC Classic:

Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.

The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30:

Connect with CNBC News Online
Get the latest news: /
Follow CNBC on LinkedIn: C
Follow CNBC News on Facebook: C
Follow CNBC News on Twitter: C
Follow CNBC News on Instagram: C

#CNBC
#CNBCTV

You May Also Like

About the Author: Kronos Performance

Leave a Reply