Last month Canadian marijuana giant, Aurora Cannabis Inc. ACB, released its financial results for the fiscal second quarter that ended December 31. Like many others in the space, Aurora is not yet fully profitable. However, it has a modest positive adjusted EBITDA of CA$1.4 million ($1.04 million), in line with prior guidance, so it's taking all the right steps toward achieving profitability.
Aurora is also projected to remain EBITDA positive going forward while working on reaching positive operating cash flow.
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By Nina Zdinjak
Dropping The Ego – Focusing On Medical
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