Cannabis Watch: The $4 billion time bomb ticking away inside the biggest marijuana companies [MarketWatch]
Aurora Cannabis Inc. - Common Shares (ACB)
Company Research
Source: MarketWatch
The $4 billion time bomb ticking away inside the biggest marijuana companies As pot-stock mania gripped North America in 2018, a bidding war struck up for a relatively small marijuana-growing property in a Toronto suburb. The 9,000-square-foot facility was only capable of growing about C$12 million ($9 million) worth of pot in a year, but that didn’t seem to matter. Marijuana companies were surging in interest and market cap as Canada planned to legalize recreational pot sales, and companies that established at least one cultivation license were receiving beneficial treatment from Health Canada, which meant snagging the property and its accompanying license could lead to a legitimate growing business in more ways than one. RavenQuest BioMed Inc. RVVQF, +2.35% RQB, +2.13% eventually “won” the bidding, agreeing to pay nearly C$30 million. But after Health Canada stopped expediting requests from license holders, RavenQuest was unable to capitalize on its purchase in the way it had
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- Will Aurora Cannabis fiscal 2023 Q2 results please investors? [Seeking Alpha]Seeking Alpha
- Aurora Cannabis Inc. stock falls Tuesday, underperforms market [MarketWatch]MarketWatch
- Aurora Cannabis Inc. stock falls Friday, underperforms market [MarketWatch]MarketWatch
- Aurora Cannabis Inc. stock rises Thursday, outperforms market [MarketWatch]MarketWatch
- Aurora Cannabis Inc. stock rises Wednesday, outperforms market [MarketWatch]MarketWatch
ACB
Sec Filings
- 1/26/23 - Form 6-K
- 1/4/23 - Form 6-K
- 12/5/22 - Form 6-K
- ACB's page on the SEC website