Why the Picture for Aurora Cannabis Just Got Bleaker [The Motley Fool]
Aurora Cannabis Inc. - Common Shares (ACB)
Company Research
Source: The Motley Fool
There's been nothing but bad news forAurora Cannabis(NYSE:ACBposted dismal fiscal 00 Q resultsAnd now the picture for Aurora just got bleaker. One of the biggest problems for the company in 09 became worse over the weekend.Image source: Getty Images.The dreaded wordCanada's most heavily populated province, Ontario, shut down all retail cannabis stores effective :9 p.m. on April . Ontario's government now classifies cannabis stores under the dreaded word "nonessential."The province had previously designated cannabis stores as essential businesses with its response to the coronavirus pandemic announced on March . Essential businesses were allowed to stay open, while nonessential businesses were required to close.However, Ontario Premier Doug Ford announced on April that further steps were needed to slow the spread of the novel coronavirus and limit the cases of COVID-9. He stated that the province had to take "additional steps to flatten the curve" by "announcing the closure of many mo
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News
- 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, BRNS and EDUC among mid-day movers [Seeking Alpha]Seeking Alpha
- Is Aurora Cannabis Set to Take Off After Soaring 39% in the Past Month? [Yahoo! Finance]Yahoo! Finance
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