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Stock impact report

Aurora Cannabis: Does This Signal a Long-Awaited Partnership Is Near? [The Motley Fool]

Aurora Cannabis Inc. - Common Shares (ACB) 
Company Research Source: The Motley Fool
Last year was supposed to when marijuana stocks put the pedal to the metal and proved to Wall Street that they were wholly deserving of their premium valuations. The stage certainly appeared set with Canada selling adult-use cannabis and on track to launch derivative pot products later in the year, and a number of U.S. states leaning in favor of legalization. But when the curtain closed on 09, it was a huge disappointment for most cannabis investors. Marijuana stocks ended the year mired in a nine-month downtrend that was sparked by supply issues in Canada and pricing struggles in key U.S. markets. Both factors allowed the black market to thrive and left pot stocks Image source: Getty Images. Aurora Cannabis' failure to land a partnership in 09 was a major disappointment But these broad-based issues don't encompass everything that went wrong in 09. For instance, cannabis partnerships didn't materialize as expected. Sure, Canopy Growth Cronos Group ( NYSE:ACB Aurora's inability to land Show less Read more
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