3 Ways Aurora Cannabis Completely Fooled Investors in Its Q1 Report [The Motley Fool]
Aurora Cannabis Inc. - Common Shares (ACB)
Company Research
Source: The Motley Fool
For starters, its massive profit comes with a couple of huge asterisks. The green rush is in full swing in our neighbor to the north. Just under a month ago, Canada lifted the curtain on nine decades of recreational marijuana prohibition and opened its doors to the fast-paced cannabis industry. When fully up to speed, Canadian pot stocks are expected to benefit from in the neighborhood of $5 billion in added annual sales. Now, with adult-use weed legal, all eyes have turned to marijuana stocks for tangible results. After all, prior to legalization it was really a race to see which pot stock could promise the most production or forge the greatest number of supply deals. Now we find out whether or not marijuana stocks can deliver on their lofty goals. Image source: Getty Images. Aurora Cannabis dazzles with a CA$105 million first-quarter profit Earlier this week, what's arguably the most polarizing pot stock of them all, Aurora Cannabis ( NYSE:ACB ) , repor
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ACB
News
- 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, BRNS and EDUC among mid-day movers [Seeking Alpha]Seeking Alpha
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