Aurora Cannabis (ACB) Stock Needs More Clarity Before Pushing Higher [Yahoo! Finance News]
Aurora Cannabis Inc. - Common Shares (ACB)
Company Research
Source: Yahoo! Finance News
The latest earnings report of Aurora Cannabis ACB While the worst appears to be over, a major problem is the lack of clarity in Canada especially, concerning what the actual demand for cannabis is. In this article we'll examine why this will keep the future outlook of Aurora Cannabis and its Canadian peers in the dark, and what it means to long-term investors. Lack of demand discovery Anyone that understands why socialism never has worked, knows that the primary reason is the resultant lack of price discovery. Without that, economies aren't able to operate in an efficient manner. Something similar is happening in the Canadian cannabis market in regard to demand discovery. What I mean by that is the horrifically slow licensing process that has failed to come close to meeting Canadian demand, has left a vacuum in regard to demand discovery that will take as long as two years to be solved. By demand discovery I mean the lack of retail outlets that give investors an idea of what the actu
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ACB
News
- Aurora Marks First Shipment of Medical Cannabis to the New Zealand Market [Yahoo! Finance]Yahoo! Finance
- Aurora Marks First Shipment of Medical Cannabis to the New Zealand MarketPR Newswire
- Aurora Cannabis (ACB) Moves 46.0% Higher: Will This Strength Last? [Yahoo! Finance]Yahoo! Finance
- Canadian cannabis stocks spike as U.S. reportedly set to reclassify marijuana [MoneySense]MoneySense
- MSOS: Best Play On U.S. Cannabis Regulations [Seeking Alpha]Seeking Alpha
ACB
Sec Filings
- 5/1/24 - Form 6-K
- 3/1/24 - Form 6-K
- 2/16/24 - Form 6-K
- ACB's page on the SEC website