Aurora Cannabis stock slides premarket as Piper initiates coverage with neutral rating [MarketWatch]
Aurora Cannabis stock slides premarket as Piper initiates coverage with neutral rating Piper Jaffray initiated coverage of a range of cannabis stocks on Tuesday, assigning overweight ratings, the equivalent of buy, to Cresco Labs Inc. CRLBF, -0.47% , Charlotte's Web Holdings Inc. CWBHF, +2.57% , CV Sciences Inc. CVSI, -1.28% , Cronos Group Inc. CRON, -1.13% CRON, +2.11% and Green Thumb Industries Inc. GTBIF, -3.49% , but rating Aurora Cannabis Inc. ACB, +0.80% ACB, +1.05% as neutral. "Aurora has a premium valuation relative to peers but less visibility on these key growth opportunities," said analysts led by Michael Lavery, referring to Canada, the EU, the U.S. CBD and U.S. THC markets. "It has leading scale in Canada, but oversupply looks likely in 2020 (analysis inside note). EU-GMP certification at scale is a slow, opaque process and still pending, and without visibility on US market entry (CBD or THC), Aurora's relatively rich valuation does not yet look
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- ROSEN, A LEADING LAW FIRM, Reminds Aurora Cannabis Inc. Investors of Important Deadline in Securities Class Action; Encourages Investors with Losses in Excess of $500K to Contact Firm - ACBPR Newswire
- Aurora Cannabis Forecasts Sales At High End, But Marijuana Stocks Fall [Investor's Business Daily]Investors Business Daily
- Aurora Cannabis Expects Q4 Revenue at High End of Guidance [TheStreet.com]TheStreet.com
- Aurora Cannabis receives final base shelf prospectus; reiterates fiscal Q121 guidance [Seeking Alpha]Seeking Alpha
- Aurora Cannabis sees Q1 revenue coming in at high end of $60 million to $64 million range [MarketWatch]MarketWatch
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ACB
SEC Filings
- 10/30/20 - Form 6-K
- 10/29/20 - Form F-10/A
- 10/27/20 - Form 6-K
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