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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