Pot Companies Are Fleeing the First Nation to Legalize Marijuana [Financial Post (Toronto, Ontario, Canada)]
Aurora Cannabis Inc. - Common Shares (ACB)
Company Research
Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Uruguay led the world in legalizing marijuana a decade ago, but its dream of building a medical cannabis and hemp powerhouse employing thousands of people with $1 billion in exports is facing a harsh reality check. Shipments abroad have totaled less than $30 million since 2018 as anemic sales, red tape and miscalculations now fuel a business exodus. Uruguay's abysmal experience, including just 750 jobs, exemplifies challenges investors face globally in building out an industry subject to intense regulatory scrutiny or outright bans in many places. From the US to Europe and elsewhere in Latin America, the global pot business has lost some of its cachet since the gold rush days of the late 2010s and the Covid pandemic. But the downturn in Uruguay — a country of 3.4 million between Brazil and Argentina where cows outnumber people — stands out given i
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News
- Aurora Cannabis Expands Innovative Recreational Product Portfolio [Yahoo! Finance]Yahoo! Finance
- Aurora Cannabis Expands Innovative Recreational Product PortfolioPR Newswire
- Aurora Cannabis Second Quarter 2025 Earnings: EPS: CA$0.05 (vs CA$0.048 in 2Q 2024) [Yahoo! Finance]Yahoo! Finance
- Aurora Cannabis Inc (ACB) Q2 2025 Earnings Call Highlights: Record Growth in Medical Cannabis ... [Yahoo! Finance]Yahoo! Finance
- Aurora Cannabis (ACB) Q2 2025 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
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