Aurora Cannabis Inc. (ACBFF) Announces Q3 Fiscal 2018 Results

Aurora Cannabis Inc. (Acbff) Announces Q3 Fiscal 2018 Results

Aurora Cannabis Announces Q3 Fiscal 2018 Results

Aurora Cannabis Inc. (the “Company” or “Aurora”) (ACB.TO) (ACBFF) ( Frankfurt : 21P; WKN: A1C4WM) today announced its financial and operational results for the third quarter of fiscal 2018, ended March 31, 2018 . Q3 2018 Financial Highlights

Q3 2018

Q2 2018

Change %

Q3 2017

Change %

#

#

Active registered patients

45,776

21,718

110.8%

13,110

249.2%

Grams sold

1,352,982

1,161,809

16.5%

653,008

107.2%

Grams produced

1,205,965

1,204,259

0.1%

(In CDN $000’s unless otherwise noted)

$

$

$

Revenues

16,100Â(2)

11,700

37.6%

5,175

211.1%

Average selling price per gram

7.99

8.36

-4.4%

6.64

20.3%

Gross margins on Aurora-produced cannabisÂ(1)

66.0%

73.8%

Cash cost of sales per gramÂ(1)

1.80

1.74

3.4%

Cash cost to produce per gramÂ(1)

1.53

1.41

8.5%

Cash and cash equivalents

231,023

350,841

-34.2%

111,116

107.9%

(1)

Gross margins on Aurora-produced cannabis, cash cost of sales per gram, and cash cost to produce per gram are non-IFRS financial...



See Article on Marijuana Stocks HERE