Aurora Cannabis Earnings Report: Big Pot Equals Big Profits

Aurora Cannabis has become a recent darling of stock speculators, and on Tuesday it delivered earnings results for its June quarter that may do little to quell the fervor surrounding its shares. The Edmonton, Alberta,-based company said revenue in its fiscal fourth quarter ended June 30 rose 223% to C$19.1 million ($14.7 million), while net income swung to a profit of C$79.9 million from a net loss of C$19.2 million in the same quarter a year ago.

For all of its fiscal year 2018, Aurora...

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