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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3 Reasons Gold Stocks Are Better Than Weed Stocks Right Now

Over the past three years, marijuana stocks have been among the best-performing stocks on the TSX. Despite extreme volatility and some big downswings, stocks like Canopy Growth Corp, Aurora Cannabis Inc and Aphria have outperformed the index dramatically since they went public. For this reason, they’ve become favourites of speculative growth investors seeking quick gains. Now, however, the tide seems to…

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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 Cronos (TSX:CRON) Headed Further Down in Price?

Things could be about to get even worse for Cronos Group Inc (TSX:CRON)(NASDAQ:CRON). Since March, the stock has been plummeting, losing around half of its value during that time. The stock has been heavily overpriced for some time now — with plenty of room to continue falling, especially now that one analyst has adjusted their target for the stock. Last week,…

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Investors: Is the Time Ripe to Bet on Cannabis Once Again?

Several cannabis stocks have created significant investor wealth over the years. Stocks such as Aurora Cannabis, Canopy Growth, Hexo, and Aphria have generated staggering returns over the years. Cannabis stocks gained tremendous value just before legalization in October 2018. While ACB rose 90% between December 2017 and October 2018, Canopy was up 97% between December 2017 and September 2018. Hexo…

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When Will the Big Canadian Cannabis Producers Become Profitable?

The cannabis industry hasn’t exactly been the most fun to watch as of late. With a market downturn already in the works, investors are a lot more wary to put their money into these companies that still have a lot to prove. The number one thing each has to prove? That it can produce profit. There have been a few…

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