Is Aurora Cannabis Stock Headed to $1 Per Share? [The Motley Fool]
Aurora Cannabis Inc. - Common Shares (ACB)
Company Research
Source: The Motley Fool
Is Aurora Cannabis Stock Headed to $1 Per Share? Last week, Aurora Cannabis ( NYSE:ACB both Canopy Growth NYSE:CGC second-quarter earnings report Now, with the end of the year fast approaching, some investors might be tempted to cut their losses with this once-high-flying pot stock, especially if it would help to minimize their capital gains from other sources. Aurora's near-term prospects, after all, aren't particularly bright due to the ongoing structural issues within the legal Canadian marijuana market. Image Source: Getty Images. Fleshing out this point, the lack of sufficient numbers of retail outlets in most provinces, the slow rollout of Cannabis .0, and the exceedingly high price of most dried flower varieties -- compared to those on the black market -- have all acted in concert to force Aurora to rethink its business strategy heading into next year So should investors hit the exits before Aurora's shares take another leg downward, or has this beaten-down pot stock finally bo
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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