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Aphria posts quarterly profit on cannabis demand during lockdown

Jan 14 (Reuters) - Canada's Aphria Inc on Thursday posted quarterly adjusted profit compared to year-ago loss, as demand for cannabis and related products surged during the cornavirus-induced lockdowns.

The Ontario-based pot company posted adjusted net income of C$3.2 million ($2.53 million) in the second-quarter ended Nov.30, compared with a loss of C$48.8 million. ($1 = 1.2668 Canadian dollars) (Reporting by Arunima Kumar in Bengaluru; Editing by Arun Koyyur)