Aurora cannabis committed to reducing capex to below $100 mln in h2 2020

Aurora cannabis announces fiscal third quarter 2020 results & operational reset update.aurora cannabis inc- qtrly net revenue of $78.4 million, excluding provisions of $2.9 million, an increase of 18% over prior quarter.aurora cannabis inc - committed to reducing capital expenditures to below $100 million in second half of fiscal 2020.aurora cannabis inc - capital spending in q1 2021 is planned to be well below q3 and q4 2020 levels.aurora cannabis inc - cash use in q3 2020 decreased by over $118 million from prior quarter.aurora cannabis inc - expects cash use in q4 2020 to further decrease.aurora cannabis inc - production volume in fiscal q3 was 36,207 kilograms.aurora cannabis - adjusted ebitda, excluding one-time termination costs associated with business transformation plan, was a loss of $45.9 million in q3.
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