Is It Time to Load Up on Aurora Cannabis Stock? [Yahoo! Finance]
Aurora Cannabis Inc. - Common Shares (ACB)
Company Research
Source: Yahoo! Finance
Industry projections suggest it could grow from $57 billion in 2023 to $444 billion by 2030. This potential 7.7-fold increase over seven years translates to a compound annual growth rate of 34%, dwarfing the growth rates of many traditional industries. Against this backdrop of industrywide potential, Canadian marijuana titan Aurora Cannabis (NASDAQ: ACB) has emerged as an unexpected bright spot in 2024. While most of its Canadian counterparts have wilted this year, Aurora's shares have blossomed with a 13% gain year to date. This performance starkly contrasts with industry peers Canopy Growth Corp. and Tilray Brands , which have seen their stocks wither by 18.5% and 28.2%, respectively. Aurora's resilience in a challenging market for marijuana stocks raises an intriguing question for speculative growth investors: Is Aurora Cannabis stock still ripe for the picking after its strong performance over the first three quarters of 2024? Let's dig deeper to unearth the answer. Medical
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News
- Is There An Opportunity With Aurora Cannabis Inc.'s (TSE:ACB) 37% Undervaluation? [Yahoo! Finance]Yahoo! Finance
- Better Marijuana Stock: Aurora Cannabis or Tilray Brands? [Yahoo! Finance]Yahoo! Finance
- Aurora Announces Distribution Partnership Between MedReleaf Australia and The Entourage Effect [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Aurora Announces Distribution Partnership Between MedReleaf Australia and The Entourage Effect [Yahoo! Finance]Yahoo! Finance
- Aurora Announces Distribution Partnership Between MedReleaf Australia and The Entourage Effect [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
ACB
Sec Filings
- 11/6/24 - Form 6-K
- 11/6/24 - Form 6-K
- 10/25/24 - Form 6-K
- ACB's page on the SEC website