Earlier this month, Aurora Cannabis (NASDAQ:ABC) reported its second-quarter financial results, revealing a 10% decline in total net revenue, which totaled slightly over $60 million, and a $75.1 million loss.
The company’s CEO Miguel Martin touted a sequential improvement of $2.5 million in adjusted EBITDA, with the company remaining on a trajectory towards the profitability goal and a focus on further cost reductions.
