Aurora Cannabis (TSX:ACB): Why You Should Buy the After-Earnings Dip

It is always a crucial time when one of the top cannabis companies releases its earnings report. Given the nascent nature of the industry, the performance of these firms gives us important clues as to how the market is evolving. Aurora Cannabis (TSX:ACB)(NYSE:ACB) is the latest top pot company to release its financial results. Let’s see how Aurora performed. Before…

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Better Buy: Lightspeed (TSX:LSPD) vs. Aurora Cannabis (TSX:ACB)

Cannabis stocks have become a go-to choice for Canadian investors seeking market-beating returns. With stocks like Aurora Cannabis (TSX:ACB)(NYSE:ACB) having risen over 1,000% since their IPOs, they’ve made many investors wealthy. However, as anyone who bought marijuana stocks this summer will tell you, they come with a downside: volatility. While it’s possible to make money in marijuana bull markets, you can…

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Key Takeaways From Aurora Cannabis’ (TSX:ACB) Fourth-Quarter Results

Canada’s top pot company, Aurora Cannabis (TSX:ACB)(NYSE:ACB) announced its fiscal fourth quarter of 2019 (ended in June) results after market close on September 11, 2019. The company reported revenue of $98.9 million, a rise of 52% sequentially and 416% year over year. The company’s net cannabis sales grew 61% sequentially to $94.6 million. Canadian consumer sales were up 52% at…

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Legalization Part Deux: What to Expect From Marijuana Stocks Like Aurora Cannabis (TSX:ACB)

It’s déjà-vu. Here we are in early September, and the cannabis industry is on the cusp of another significant macro event. The legalization of cannabis edibles is expected to come no later than October 17, 2019. If the date sounds familiar, it should. It is exactly a year to the day Canada legalized the sale of recreational marijuana. Estimates vary…

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All Eyes on Aurora Cannabis’s (TSX:ACB) Upcoming Earnings

Cannabis investors will be closely watching how Aurora Cannabis (TSX:ACB)(NYSE:ACB) performs in its upcoming earnings. Aurora is a cannabis heavyweight, and a lot will depend on its quarterly performance. In case Aurora misses analyst guidance or estimates, expect the stock to decline significantly, dragging peer cannabis shares lower as well. However, if it manages to outperform estimates and provide robust…

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Buying This Weed Stock Could Be Like Buying Aurora (TSX:ACB) in 2016

When Aurora Cannabis (TSX:ACB)(NYSE:ACB) debuted, its price was $1.78. Weed upstart Supreme Cannabis (TSX:FIRE) is trading at $1.43 today, which is very close to Aurora’s price in October 2016. I can’t help but ask if FIRE will follow Aurora’s trajectory. The largest producer Aurora Cannabis, the cannabis company with the largest production capacity, has had a meteoric rise since its…

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Is Aurora Cannabis (TSX:ACB) Desperate for Cash?

News about Aurora Cannabis’s (TSX:ACB)(NYSE:ACB) one-time disposal of all its remaining stock position in Green Organic Dutchman (TSX:TGOD) at a 14.5% discount to its closing price on Tuesday could have raised new questions about the marijuana giant’s cash position. Could the company be desperate for cash? What do we know? Aurora reported a fair value of $139 million on its 28.8…

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Investor Alert: Rare Buy Opportunity as Aurora Cannabis (TSX:ACB) Disposes TGOD

Aurora Cannabis (TSX:ACB)(NYSE:ACB) completely disposed its remaining position in Green Organic Dutchman Holdings (TSX:TGOD) by selling 28.8 million shares to a syndicate of local banks in an aftermarket block trade on Tuesday at a 14.5% discount to the closing market price of $3.51 on the stock for the day. TGOD stock fell 16.5% on Wednesday and touched a low of…

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Why Aurora Cannabis’s (TSX:ACB) Stock Price Fell 5.66% in August

The marijuana sector took a hit in August with investors recording some double-digit losses on several industry tickers, and Aurora Cannabis’s (TSX:ACB)(NYSE:ACB) stock price wasn’t spared. It only recorded a modest 5.66% decline and somehow defied the negative selling pressures that clobbered its peers during the past month. Given that Horizons Marijuana Life Sciences ETF, which is a good proxy…

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Why Patient Investors Love This 1 Cannabis Stock

Aurora Cannabis (TSX:ACB)(NYSE:ACB) has been a hard pot stock to love. After an initial love affair during the pre-legalization marijuana boom, Aurora slumped for investors and has yet to really recover. Meanwhile, that share price goes lower and lower, and many investors are feeling that rather than pick up the stock when it’s down, it might be time to cut…

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