Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

3 Reasons Legal Weed Sales Aren't Getting Any Higher in Canada [The Motley Fool]

Aurora Cannabis Inc. - Common Shares (ACB) 
Company Research Source: The Motley Fool
3 Reasons Legal Weed Sales Aren't Getting Any Higher in Canada According to Health Canada, licensed businesses sold 7, kilograms of dried flower in January. That was .7% less than in December, which hardly looks like a Canadian sales explosion that will help Aurora Cannabis ( NYSE:ACB Cronos Group NASDAQ:CRON There are more than a few reasons for the slowdown, some of which many investors have been trying their hardest to ignore. Here's what you need to know. Image source: Getty Images. . Oil sales are up Cowen Group NASDAQ:COWN Analysts who acknowledged the slowdown were quick to point out cannabis oil sales, which rose .% to 7,8 liters. Right now, the Ontario Cannabis Store is selling capsules of Canopy Growth NYSE:CGC With much wider margins for cannabis oils, lower sales on dry flower probably won't stop gross profits at Canopy Growth and its peers from rising slightly in the first quarter of 09. . Demand's limited Cannabis consumers can be so enthusiastic that it's easy to forge Show less Read more
Impact Snapshot
Event Time:
ACB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for ACB alerts
Opt-in for
ACB alerts

from News Quantified
Opt-in for
ACB alerts

from News Quantified