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Aurora In The Wars…. “B.C. strike and cyberattack impacting OCS could cause $3M revenue hit for Aurora: CEO”

Cannabis Daily News

Aurora Cannabis Inc. says it could take a revenue hit of up to $3m because of a cyberattack that downed Ontario’s pot distributor and a strike that halted deliveries to B.C. cannabis stores, reports Financial Post.

Though both disruptions could affect Aurora’s earnings, the company is facing even bigger challenges in a 30-year high inflation rate and an illicit market that has barely been diminished by the legalization of cannabis.

Aurora will lean on international medical cannabis markets in Europe, Australia and Israel for “insulation” from the current economic climate, said Aurora chief executive Miguel Martin.

More at  https://businessofcannabis.com/2022/09/21/b-c-strike-and-cyberattack-impacting-ocs-could-cause-3m-revenue-hit-for-aurora-ceo/

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