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Stock impact report

Is Marijuana Stock Aurora Cannabis Headed to $0? [The Motley Fool]

Aurora Cannabis Inc. - Common Shares (ACB) 
Company Research Source: The Motley Fool
If you think the past seven weeks have been ugly for investors, narrow your focus a bit and take a gander at cannabis stocks.Through the first quarter of last year, more than dozenmarijuana stocksPerhaps the poster child of the boom-bust nature of cannabis investing isAurora Cannabis(NYSE:ACBmost popular stockImage source: Getty Images.Aurora Cannabis was once pegged for greatnessAt one time, Aurora's outlook was promising. The company had prospective cultivation sites around the world with a peak annual run-rate that was likely nearing 700,000 kilos. Inclusive of Canada, the company also had a production, research, export, or collaborative presencein countriesAurora Cannabis also wound uphiring billionaire activist investor Nelson PeltzConstellation BrandsCanopy GrowthAltria GroupCronos GroupThen there was Aurora's management commentary, with longtime (and now-former) CEO Terry Booth predicting at least 6,000 kilos of run-rate output by the end of the company's fiscal 00 year (June Show less Read more
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