May 14, 2019 / 11:33 PM / 7 months ago

Aurora Cannabis third-quarter revenue jumps 20%

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

(Reuters) - Aurora Cannabis Inc reported a 20% jump in quarterly net revenue on Tuesday, as Canada’s legalization of recreational cannabis late last year boosted demand. The Edmonton, Alberta-based company’s net revenue rose to C$65.2 million ($48.44 million) from C$54.2 million ($40.27 million) in the second quarter.

Reporting by Arundhati Sarkar and Tamara Mathias in Bengaluru; Editing by Phil Berlowitz

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