Aurora Cannabis' Exeter Sale Confirms the Need for Industrywide Writedowns [The Motley Fool]
Aurora Cannabis Inc. - Common Shares (ACB)
Company Research
Source: The Motley Fool
It's truly incrediblewhat a difference a year has madeIn Canada, regulators struggled to approve cultivation and sales licenses, delayed the launch of high-margin derivatives (e.g., edibles, infused beverages, and vapes), and, at the provincial level,badly botched the retail licensing process in OntarioThis 80 in marijuana stocks has been especially noticeable for the most popularpot stockAurora CannabisNYSE:ACBImage source: Getty Images.Aurora Cannabis' painful fall from graceAt this time last year, Aurora Cannabis was forecast to be the leading global cannabis producer, with its properties capable of producing more than 60,000 kilos of marijuana at their peak. It also had a broader international presence than any other pot stock, with production, export, partnership, or research operations in countries outside of Canada. According to Wall Street, Aurora was on track for well over $600 million Canadian in fiscal 00 sales and would likely be on the cusp of profitability.But over the
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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