Aurora Cannabis tumbles after margins get squeezed by higher weed-production costs (ACB)

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Cannabis producer Aurora Cannabis beat on the top line.  The company said its margins were lower as production costs jumped and prices fell. It reiterated its guidance of achieving positive EBITDA beginning in the second quarter of calendar 2019 (its fiscal Q4). Watch Aurora Cannabis trade live . Cannabis producer Aurora Cannabis dropped 2.51% to $ 6.99 per share early Tuesday after reporting lower second-quarter margins as production costs jumped and prices fell.

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