Is Aurora Cannabis Set to Take Off After Soaring 39% in the Past Month? [Yahoo! Finance]
Aurora Cannabis Inc. - Common Shares (ACB)
Company Research
Source: Yahoo! Finance
Instead, it benefited from the news that the German government was proceeding with what Aurora calls a "landmark legalization achievement," by passing marijuana reform that will make it easier for medical marijuana patients to obtain cannabis. Can Aurora's stock build on these recent gains, and could this be the start of a much bigger rally? Could reform in the German market lead to a significant boost in Aurora's sales? Aurora is in 15 cannabis markets around the world, with Germany being the largest and among the most attractive for the company. Aurora says it has a leadership position in the country and that it is "well-positioned to benefit from de-scheduling and potential recreational markets." The company hasn't quantified what this recent reform in Germany will mean for the business in terms of actual dollars, and it doesn't break out revenue per country, but it does expect this will broaden the medical marijuana market. And with Aurora pivoting to the medical market in
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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