Aurora Cannabis and Canopy Growth: Avoid These 2 Pot Stocks This Week [The Motley Fool]
Aurora Cannabis Inc. - Common Shares (ACB)
Company Research
Source: The Motley Fool
Marijuana stocks have officially turned into a factory of sadness. Over the past 0 months, valuations have crumbled across the legal pot landscape because of gross mismanagement, scandals, bureaucratic red tape, sky-high tax rates, extremely poor cost controls, poor internal forecasts in regard to real-world demand for both dried flower varieties and derivative products, instability within the C-suite of several industrywide trendsetters, and, worst of all, a sea of earnings reports awash in red ink, instead of profits. What's left is a highly fragmented industry that's clearly ripe for a wave of mergers, bankruptcies, and even some tough love from investors. Several pot companies, after all, still sport valuations that are wildly out of line with the current state of play. Put more succintly, this industrywide downward trend seems poised to accelerate in the coming weeks and months. Image source: Getty Images. Aurora Cannabis ( NYSE:ACB Canopy Growth NYSE:CGC pot stocks A canary in t
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ACB
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