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
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News
- Aurora Cannabis: Recent Performance Improvements Are Undeniable [Seeking Alpha]Seeking Alpha
- Why Aurora Cannabis Stock Dropped 12% Today [Yahoo! Finance]Yahoo! Finance
- Aurora Cannabis Achieves Australia's TGA GMP Certification, Setting Global Standard for Quality and Compliance [Yahoo! Finance]Yahoo! Finance
- Aurora Cannabis Achieves Australia's TGA GMP Certification, Setting Global Standard for Quality and CompliancePR Newswire
- Global Medical Marijuana Market Competitive Analysis 2024, Featuring Aurora Cannabis., Cannabis Sativa, CanniMed Therapeutics, Pfizer, Tikun Olam, Tilray Brands, VIVO Cannabis and More [Yahoo! Finance]Yahoo! Finance
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