Aurora Cannabis (NASDAQOTH:ACBFF) did it again. In February, the Canadian marijuana grower posted fantastic fiscal second-quarter results. On Tuesday, Aurora announced its Q3 results. And the company once again hit the ball out of the park, with CEO Terry Booth pointing to Aurora’s “exceptional performance across all functions.”
While the company’s Q3 update was chock-full of numbers, there were three things you really need to know about Aurora’s blow-out quarter.
1. Sales are more diversified than ever
Aurora Cannabis reported total Q3 revenue of 16.1 million Canadian dollars. That was more than triple the amount made in the prior-year period and jumped nearly 38% over fiscal Q2 revenue. What’s especially interesting is how Aurora is making its money — sales are more diversified than ever.
Dried cannabis sales in the Canadian medical marijuana market still generate the biggest chunk of