Aphria reports CA$108 million loss on lower marijuana sales

MJBizDaily
By Alfredo PascualApr 15, 2019, 1:09 pm111 pts
Despite a sharp increase in revenue, Ontario-based Aphria’s Q3 2018 profit of 12.9 million Canadian dollars ($9.6 million) turned into a net loss of CA$108.2 million for the third quarter of fiscal 2019. The company reported revenue of CA$73.6 million for the third quarter ended Feb. 28 compared with CA$10.3…

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