Canadian Cannabis Companies Are Struggling; Here's Why They Could Be Headed Even Lower [The Motley Fool]
Canadian Imperial Bank of Commerce (CM)
Last canadian imperial bank of commerce earnings: 2/26 05:53 am
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Source: The Motley Fool
Canadian Cannabis Companies Are Struggling; Here's Why They Could Be Headed Even Lower About a year ago, Aurora Cannabis ( NYSE:ACB marijuana stocks Disappointing sales numbers could lead to further declines What drove the industry to the heights it reached last year was the promises of growth and all the potential that there was in the market. However, with the Canadian market having an estimated market size of $. billion in five years and the U.S. still being off limits ( besides hemp While the company does have a large international presence, many of those markets are still in their very early growth stages. Make no mistake -- the success of the Canadian market is going to be key for Aurora and other pot stocks to be able to achieve their lofty expectations. After Aurora disappointed investors with its fourth-quarter results, Chairman Michael Singer told BNN Bloomberg that having more retail pot shops in Canada is going to be critical to the company being able to achieve a positive
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CM
Earnings
- 2/29/24 - Beat
CM
Sec Filings
- 4/25/24 - Form FWP
- 4/23/24 - Form SBSE-A/A
- 4/19/24 - Form 424B2
- CM's page on the SEC website