Aphria’s record Canadian cannabis sales marred by weak EU revenue

Aphria’s record Canadian cannabis sales marred by weak EU revenue

Strong demand in Canada for Aphria’s recreational marijuana products failed to offset disappointing international revenue in the Leamington, Ontario-based company’s first fiscal quarter. The Canadian producer’s net revenue declined 4.5% from the March-May period to 145.7 million Canadian dollars ($110 million), well below analyst expectations. In the highly competitive European market, Aphria’s net revenue declined substantially […] Aphria’s record Canadian cannabis sales marred by weak EU revenue is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Source : MJ DAILY EUROPE
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