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The Aurora cannabis stock collapses after trading hours even after rising pot sales



The last major cannabis producers in Canada released their results for the June quarter this afternoon. Sales increased significantly in the fourth quarter of fiscal year Aurora Cannabis, but the company also posted higher negative cash flows than expected.

After business hours, Aurora shares (ticker: ACB) slid more than 10% to $ 5.82, which helped maintain the blue mood that prevailed in the pot stocks this year. Companies such as Canopy Growth (CGC) and Tilray (TLRY) also posted higher losses than investors expected for the June quarter.


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