Marijuana Value Traps Do Exist: Here Are 3 to Avoid [The Motley Fool]
Aurora Cannabis Inc. - Common Shares (ACB)
Company Research
Source: The Motley Fool
Marijuana Value Traps Do Exist: Here Are 3 to Avoid Investors would have a hard time finding an industry with more impressive long-term growth potential What makes this growth opportunity so exciting is the fact that marijuana stocks have, pardon the cliché, gone up in smoke over the past six months. The Horizons Marijuana Life Sciences ETF intriguing bargains throughout the pot industry On the other side of the coin, this decline in pot stocks could be creating bona fide value traps in an industry where the word "value" would have been almost laughable six months ago. Right now, there are three cannabis stocks that look to be incredible values, based on their price-to-book ratios, but are, in reality, nothing of the sort. Consider these three marijuana value traps as companies you'd be best off avoiding. Image source: Getty Images. Aurora Cannabis Among millennial investors, there isn't a more popular company on the planet than ( NYSE:ACB in countries Arguably the biggest reason inv
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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