"This will be an incredible achievement, which will also be sustainable," said Miguel Martin, on a Thursday call with analysts."We look forward to demonstrating consistent financial performance in the coming quarters."
Aurora's path to profitability has involved a restructuring and several rounds of layoffs and facility closures over the last three years as it contended with shifting COVID-19 measures and grappled with aligning supply with demand. The average price for vape cartridges has similarly fallen by 41 per cent from $32.02 per gram around legalization to $19 per gram a year later.While competitors slash prices to compete in the frenzied market, there are also pressures from high inflation rates and packaging costs, which he characterized as"challenging."
I suppose the profit target is perpetual losses.
These guys are the Nortel of cannabis. They’re going to buy all these great smaller producers and then collectively put them all out of business with mismanagement. As a consumer I much prefer the products of TweedInc & spinachfarms but I hope Aurora can turn it around
Bv no
What’s he smoking?