5 of the Most Popular Pot Stocks Won't Be Profitable Until 2022 (at the Earliest) [The Motley Fool]
Aurora Cannabis Inc. - Common Shares (ACB)
Company Research
Source: The Motley Fool
It's truly incredible what a difference a year can make. Although the launch of dried flower in Canada didn't go as smoothly as expected, the widely held belief, as of Jan. 09, was that cannabis stocks would be pushing into the profit column by the end of the year, if not early 00. However, the reality is that marijuana stocks Image source: Getty Images. Aurora Cannabis Being the most popular marijuana stock in the world can only take a company so far. Despite ( NYSE:ACB anointing the company with a sell rating Pretty much all of Canada has been adversely impacted by supply issues Perhaps the bigger concern for Aurora is that Wall Street doesn't believe the company has enough cash on hand to meet its debt obligations and ongoing expenses. Aurora has made a habit of issuing its stock like Monopoly Long story short, Aurora Cannabis is a long shot to push into profitability before 0. Canopy Growth NYSE:CGC In terms of operating losses, Canopy Growth has led the pack -- and this isn't a c
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ACB
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