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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- 10 Reasons Aurora Cannabis Could Fall Below $4 [The Motley Fool]The Motley Fool
- Here's What Marijuana Stocks Must Do To Sell Pot From Colombia [Investor's Business Daily]Investors Business Daily
- The Single Most Compelling Reason to Buy Aurora Cannabis [The Motley Fool]The Motley Fool
- Aurora Cannabis Inc (NYSE: ACB) was downgraded by analysts at MKM Partners to a "sell" rating.MarketBeat
- Curaleaf: Under The Radar Giant [Seeking Alpha]Seeking Alpha
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- 9/23/19 - Form 6-K
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