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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.

Aurora Cannabis soars 16% after saying it expects sales to jump next quarter

CEO Terry Booth said that success has been driven by a focus on quality, regulatory compliance, and appropriate Board of Director oversight.

Weed stocks are trading at astronomical valuations despite not being able to operate in the US

Weed stocks valuations approach 100x sales despite the fact they cannot operate in the US. Federal legislation is required to operate in the US.
Nelson Peltz founding partner of Trade Fund Management LP. speak at the WSJD Live conference in Laguna Beach, California October 25, 2016.

Billionaire Nelson Peltz is getting into the cannabis business

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.
CannTrust

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.

Aurora Cannabis tumbles after margins get squeezed by higher weed-production costs

Shares of Aurora Cannabis fell on Tuesday after the company reported lower second-quarter margins as production costs jumped and prices fell.

The marijuana producer Aurora Cannabis jumps after posting huge growth

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.
In 2018, you can celebrate 420 legally.

Weed stocks are tanking as Aurora Cannabis debuts on the New York Stock Exchange

Aurora Cannabis on Tuesday is set make its trading debut on the New York Stock Exchange. Shares will trade under the ticker "ACB."