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Stock impact report

Aurora Cannabis: 2020 Catalysts - Global Expansion [Seeking Alpha]

Aurora Cannabis Inc. - Common Shares (ACB) 
Company Research Source: Seeking Alpha
SummaryAurora Cannabis will ultimately benefit from global cannabis sales, but the coronavirus outbreak could push this benefit into 2021.The U.S. FDA restrictions are still hampering CBD sales.At $1, the stock is appealingly valued, based on the current boost in Canadian cannabis sales plus the additional catalysts for 2020.AsACBadditional retail stores in Canadarollout of Cannabis 2.0 productsImage Source: Aurora Cannabis websiteInternational The original investment thesis of the Canadian cannabis LPs was the massive possibilities of global cannabis expansion. With Canada being a relatively small market, the ability to expand beyond the border was a huge positive.With the U.S. cannabis companies locked out of those markets and the major stock exchanges due to cannabis remaining illegal at the federal level, the opportunity for Canadian cannabis LPs was forecast as almost unlimited. Unfortunately, the only global location that has worked out is the U.S., the one location where the Ca Show less Read more
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