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Friday, February 11, 2022 10:13:37 AM
Aurora just reported $14.8 million in consumer cannabis net revenue, and $45.7 million in medical net revenue.
It's not a apples to apples comparison since Aurora has a medical division and Auxly doesn't. On the comparable consumer numbers Auxly last reported $24.5 million total quarterly net revenues, or 40% more than Aurora's $14.8 million. Auxley's percentage over Aurora may have increased even more from the consumer holiday spending to be revealed in their upcoming Q4 report. Just goes to show that smaller asset light cannabis companies can compete with asset heavy companies if they're smart. Wouldn't be surprised if Auxly overtakes Aurora by the end of 2022. Fingers crossed :) glta
https://www.newswire.ca/news-releases/aurora-cannabis-announces-fiscal-2022-second-quarter-results-835243824.html
https://www.visualcapitalist.com/cp/comparing-objects-in-our-solar-system-by-rotation-size-and-more/
Posts are my opinion only, and not advice of any kind. glta
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