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0 0 0.000138908181691886 -0.012918460897347 -0.00263925545214615 -0.0276427281566886 -0.0536185581330741 -0.0645923044867344
Stock impact report

Aurora Cannabis Just Gave Investors 350 Million Reasons to Avoid It Like the Plague [The Motley Fool]

Aurora Cannabis Inc. - Common Shares (ACB) 
Company Research Source: The Motley Fool
If you think restaurants or oil stocks have had it bad lately, you haven't been paying attention to marijuana stocks, which have fallen off of a veritable cliff since the end of March 09.Although the long-term outlook for the cannabis industry remains promising -- after all, tens of billions of dollars in weed sales are conducted in the black market each year -- the near-term outlook isn't so hot. Regulatory issues in Canada at the national and provincial level have created everything from product shortage to sizable supply bottlenecks, depending on the region. Meanwhile, high tax rates have made it difficult for legal producers in the U.S. to compete with illicit growers. And as the icing on the cake, North Americanpot stocksImage source: Getty Images.Aurora Cannabis looked poised to be a marijuana leader...A prime example of these struggles can be seen in the most popular stock in the marijuana space,(NYSE:ACBmost-held stock by a mileMind you, this was a company that, at this time l Show less Read more
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