5 of the Most Popular Pot Stocks Won't Be Profitable Until 2022 (at the Earliest) [The Motley Fool]
Aurora Cannabis Inc. - Common Shares (ACB)
Company Research
Source: The Motley Fool
It's truly incredible what a difference a year can make. Although the launch of dried flower in Canada didn't go as smoothly as expected, the widely held belief, as of Jan. 09, was that cannabis stocks would be pushing into the profit column by the end of the year, if not early 00. However, the reality is that marijuana stocks Image source: Getty Images. Aurora Cannabis Being the most popular marijuana stock in the world can only take a company so far. Despite ( NYSE:ACB anointing the company with a sell rating Pretty much all of Canada has been adversely impacted by supply issues Perhaps the bigger concern for Aurora is that Wall Street doesn't believe the company has enough cash on hand to meet its debt obligations and ongoing expenses. Aurora has made a habit of issuing its stock like Monopoly Long story short, Aurora Cannabis is a long shot to push into profitability before 0. Canopy Growth NYSE:CGC In terms of operating losses, Canopy Growth has led the pack -- and this isn't a c
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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