Should Aurora Cannabis (TSX:ACB) Stock Be on Your 2020 Buy List?

The meltdown in the shares prices of Canadian marijuana stocks is attracting contrarian investors searching for potential big winners in 2020. Pot stocks are now trading near their 12-month lows, after a rough earnings season that saw many of the companies scale back revenue projections amid ongoing challenges in the recreational market. The rollout of legal recreational pot in Canada…

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Why Aurora Cannabis (TSX:ACB) Stock Fell 13.53% Last Friday

Aurora Cannabis (TSX:ACB)(NYSE:ACB) had an epic one-day loss last week, falling 13.53% from its Thursday closing price to its Friday closing price. The losses came after months of bad news for the cannabis industry, ranging from CannTrust’s Health Canada scandal to Canopy’s $1.23 billion loss. Aurora itself has not been the biggest disaster among cannabis companies; nevertheless, its stock has been among the biggest…

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Can Cannabis Stocks Make New TFSA Millionaires Again?

Following the Canadian marijuana industry has been quite an experience since late 2016, the stocks’ price volatility needed someone with nerves of steel to resist dumping positions during bloodbaths, but some new TFSA millionaires were undoubtedly made over the past three years when capital gains topped 600% more than once. Falling in love with an aggressive Aurora Cannabis (TSX:ACB)(NYSE:ACB) early…

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2 Reasons to Dump Aurora Cannabis (TSX:ACB) Stock Today

Aurora Cannabis (TSX:ACB)(NYSE:ACB) stock is finally rebounding from its lowest point this year. At the time of writing, the stock is up 6.6% at market open. This relief rally comes after the company shed 36% of its value over the past six days.  Part of the reason for the turnaround is the fact that legislators in the United States seem…

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Should Beaten-Down Aurora Cannabis (TSX:ACB) Stock Be on Your 2020 Buy List?

News that Aurora Cannabis (TSX:ACB)(NYSE:ACB) is suspending some construction projects came as no surprise when management released first-quarter 2020 earnings results on Thursday, but the stock price could still touch lower 52-week lows in the near term as the market adjusts its growth expectations for the marijuana industry. That said, contrarian investors with a long-term holding period could have been…

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5 Must Watch Items as Aurora Cannabis (TSX:ACB) Reports Quarterly Earnings on Thursday

Leading marijuana producer Aurora Cannabis (TSX:ACB)(NYSE:ACB) is set to release its fiscal first quarter 2020 results for the period ended September 30 after market close on November 14. Management has strictly refrained from giving any prior earnings guidance this time, which is understandable after some recent humiliation where both revenue and adjusted earnings before interest, tax, depreciation, and amortization (EBITDA)…

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ALERT: 1 Week Before Aurora Cannabis (TSX:ACB) Earnings

We are a few weeks removed from the next stage of cannabis legalization. Cannabis 2.0 will introduce products like vape pens and edibles into the legal market. Aurora Cannabis (TSX:ACB)(NYSE:ACB), one of the top producers in the world, has seen its stock fall 15.7% month over month. According to Aurora’s upcoming events on its main site, the company is set…

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Will Aurora Cannabis’s (TSX:ACB) Vape Products Send the Stock Higher?

Last month, “Cannabis 2.0” was all the rage, as investors anticipated the legalization of new cannabis products like edibles and beverages. Although cannabis was legalized federally last year, many categories of products weren’t approved for sale until October 17 — exactly one year from the date cannabis was legalized. Cannabis producers are reacting to the new approvals in various ways.…

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Has Aurora (TSX:ACB) Finally Passed Canopy Growth (TSX:WEED) as the Cannabis Industry Leader?

For many cannabis investors, the goal is to own the industry leader, as it is sure to reward you with great profits down the road. The cannabis industry is one that’s finding its feet slowly, but when it’s established, it has the chance to bring great profits to participating companies, especially to those that lead the industry. Since day one,…

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Aurora Cannabis (TSX:ACB) Faces a Tough Hurdle on the Road to Profitability

Aurora Cannabis (TSX:ACB)(NYSE:ACB) stock is now down over 65% from its all-time high reached before marijuana was legalized across the nation. For value-conscious investors waiting for a decent entry point, now may be the time, as weak-handed investors continue to flee the stock over profitability concerns. Aurora versus the black market While Aurora does look to be on the road…

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