Aurora Cannabis: 2020 Catalysts - Global Expansion [Seeking Alpha]
Aurora Cannabis Inc. - Common Shares (ACB)
Company Research
Source: Seeking Alpha
SummaryAurora Cannabis will ultimately benefit from global cannabis sales, but the coronavirus outbreak could push this benefit into 2021.The U.S. FDA restrictions are still hampering CBD sales.At $1, the stock is appealingly valued, based on the current boost in Canadian cannabis sales plus the additional catalysts for 2020.AsACBadditional retail stores in Canadarollout of Cannabis 2.0 productsImage Source: Aurora Cannabis websiteInternational The original investment thesis of the Canadian cannabis LPs was the massive possibilities of global cannabis expansion. With Canada being a relatively small market, the ability to expand beyond the border was a huge positive.With the U.S. cannabis companies locked out of those markets and the major stock exchanges due to cannabis remaining illegal at the federal level, the opportunity for Canadian cannabis LPs was forecast as almost unlimited. Unfortunately, the only global location that has worked out is the U.S., the one location where the Ca
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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