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Aurora Cannabis tumbles double digits after saying it won’t turn a profit until next year as weed-industry earnings flag
The company said in January it hoped to reach positive earnings by the fiscal fourth-quarter, but Wednesday's release missed the profitability target.
CEO Terry Booth said that success has been driven by a focus on quality, regulatory compliance, and appropriate Board of Director oversight.
Weed stocks valuations approach 100x sales despite the fact they cannot operate in the US. Federal legislation is required to operate in the US.
The billionaire Nelson Peltz is joining Aurora Cannabis as a strategic adviser, sending shares up 8.5% early Wednesday.
The first Wall Street bank to follow marijuana stocks just added 2 major names to its coverage universe. Here’s what it’s saying.
Cowen, the first major Wall Street bank to follow marijuana stocks, added Cronos Group and Aurora Cannabis to its coverage.
The cannabis producer Cronos is selling its stake in a medical-marijuana facility to rival Aurora Cannabis
Marijuana producer Cronos on Monday announced that it has sold its 19% stake in Whistler Medical Marijuana to rival Aurora Cannabis.
Shares of Aurora Cannabis fell on Tuesday after the company reported lower second-quarter margins as production costs jumped and prices fell.
Shares of Aurora Cannabis jumped 4% before Monday's opening bell after the marijuana grower posted first-quarter financial results.
A huge marijuana company that just went public in the US saw its shares slip after a damning industry report. Here’s why cannabis investors aren...
BI PRIME: Aurora Cannabis started trading on the New York Stock Exchange on Tuesday. It wasn't the windfall investors hoped.
Aurora Cannabis on Tuesday is set make its trading debut on the New York Stock Exchange. Shares will trade under the ticker "ACB."