3 Cannabis Stocks to Avoid Like the Plague for the Second Half of 2020 [The Motley Fool]
Aurora Cannabis Inc. - Common Shares (ACB)
Company Research
Source: The Motley Fool
For much of the past half-decade, cannabis stocks have been among the hottest investments on Wall Street. With Canada becoming the first industrialized country in the modern era to green light adult-use cannabis, and two-thirds of U.S. states legalizing weed in some capacity, the door appeared to be wide open for pot stocks to thrive and snag the tens of billions of dollars in cannabis sales conducted in the black market each year.However, sentiment shifted in a big way beginning in April 09. Over the trailing -month period, most marijuana stocks have lost in excess of 0% of their value. Persistent regulatory-based supply issues throughout Canada, high U.S. tax rates on legal products, and financing concerns, have weighed on pot stock investors.While there's no question that this is an industry that's here to stay (which means there will be winners), there are a trio ofImage source: Getty Images.Aurora CannabisThe first marijuana stock you'd be wise to keep your distance from the rema
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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