Thomas Clarke, who owns a cannabis retail store in Portugal Cove, N.L., recently ran out of supplies for two weeks. He then received a $15,000 shipment that he expected to last only a couple of days. Clarke told CTV’s Atlantic Bureau Chief Todd Battis that black market dealers are laughing at him.**********
"They say ‘Ha ha, you don't got any cannabis in your store, you're only making seven-and-a-half per cent (profit) ... our business on the black market is thriving and we're making 100 per cent’.”
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Aurora Cannabis Inc. lost $237.7 million in the second quarter of its fiscal year even though net revenues surged to $54.2 million as sales of cannabis by weight increased six-fold.
