Aurora Cannabis: Recent Performance Improvements Are Undeniable [Seeking Alpha]
Aurora Cannabis Inc. - Common Shares (ACB)
Company Research
Source: Seeking Alpha
The company's sales performance has declined, and its core medicinal marijuana market in Canada is not expected to experience significant growth. However, Aurora Cannabis has seen some positive developments, such as expanding into the German market and managing its debt load, which could potentially lead to future success. Shares of Aurora Cannabis ( NASDAQ: ACB ) are down by more than 95% since three years ago. The marijuana cultivator is a shadow of its former self. Many of its cultivation and retail facilities in Canada were shuttered over the past few years to match its output capacity to the anemic demand in its core markets, with its operations shifting to focusing solely on its most profitable segments in a bid to keep the lights on. With such a setup, it is unlikely that shareholders from that period will see their investments recover. But, while its challenges continue, there are a few signs that the worst is in the past, and that the future could be a bit brighter if
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ACB
News
- Aurora Cannabis: Improved Financials, Limited Opportunity [Seeking Alpha]Seeking Alpha
- Aurora Cannabis Inc. (ACB) Suffers a Larger Drop Than the General Market: Key Insights [Yahoo! Finance]Yahoo! Finance
- Cannabis Beverages Global Strategic Business Report 2024: Market to Grow by $1.6 Billion by 2030 - Major Alcoholic Beverage Players Seek Role in the Market [Yahoo! Finance]Yahoo! Finance
- Green gold rush, Aurora Cannabis leads pot stock surge [BNN Bloomberg (Canada)]BNN Bloomberg
- CNN values your feedback [CNN]CNN
ACB
Analyst Actions
- 2/8/24 - CANACCORD
ACB
Sec Filings
- 3/1/24 - Form 6-K
- 2/16/24 - Form 6-K
- 2/8/24 - Form 6-K
- ACB's page on the SEC website