In the past year, Aurora Cannabis Inc. (ACB.TO), a major Canadian cannabis company, faced tough times financially. Despite making $368.6 million in gross profit (a 15% drop from last year), their expenses skyrocketed to $811.8 million, a 28% jump. This led to a critical $1.25 billion loss. These numbers show Aurora's struggle to handle costs and turn a profit. High expenses could be due to tough competition, changing rules, or just inefficient spending on things like making products, marketing, or running the company. By looking closely at how they spend money and their operations, we can understand better where things went wrong and how they can improve. This analysis will help gauge Aurora's financial health and what the future holds?

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The financial challenges faced by Aurora Cannabis Inc ACBTO in the past year highlight the companys ... View the full answer