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Stock impact report

Prediction: Aurora Cannabis Will Be Worth More Than Canopy Growth in 5 Years [Yahoo! Finance]

Aurora Cannabis Inc. - Common Shares (ACB) 
Company Research Source: Yahoo! Finance
But due to challenging market conditions, they have struggled, and their valuations have been falling, sharply. Today, Aurora Cannabis has a market cap of around $380 million, while Canopy Growth is worth approximately $600 million. But five years from now, I expect that delta to shrink. Aurora Cannabis will not just catch up to Canopy Growth but will overtake it in valuation. Here's why that could happen. Aurora Cannabis' business has been moving in the right direction In recent years, Aurora Cannabis hasn't been a safe company to invest in. But to the credit of CEO Miguel Martin and the company's management team, the cannabis producer has become leaner, its margins have been improving, and it is now even generating positive free cash flow. The company reported earnings earlier this month, and for the period ending June 30, its net revenue rose by 12% year over year to 83.4 million Canadian dollars ($61 million) Its adjusted earnings before interest, taxes, depreciation, and Show less Read more
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