$TLRY $VFF $ACB $ACB.CA Aurora Cannabis posts $1-billion net loss in Q3, will close Edmonton facility. In ongoing efforts to cut costs, Aurora Cannabis will be closing its Sky facility in Edmonton, at one time called one of the company's flagship facilities. The company said Thursday it had deemed its Aurora Sky facility in Edmonton, where 13 per cent of its global workforce is employed, and its Aurora Anandia and Whistler Alpha Lake sites "redundant." Aurora Anandia and Whistler Alpha Lake are expected to close by the fourth quarter of the year and Aurora Sky will close by the third quarter of 2023. "Projected COGS (costs of goods sold) savings now include the closure of the Aurora Sky facility in Edmonton," the company said in announcing its third-quarter results Thursday. Sky had previous been announced to be operating at about 25 per cent capacity, the news release said.
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