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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Marijuana Stock Investors: Don’t Miss Out on This IPO

Would the initial public offering of Breath of Life International be the most explosive IPO when the company finally lists on the TSX? Israel’s largest medical cannabis producer is known more as BOL Pharma in its home country. You shouldn’t miss on out on this marijuana IPO, as the company could be the global leader in medical cannabis. As of…

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Medical Cannabis, Blockchain and AI

How Global Cannabis Application Corp is innovating the Internet of Cannabis by Michael Kryton, EQUITY IR contributing writer According to Brad Moore, CEO of Global Cannabis Application Corp (GCAC), the world view of cannabis is evolving beyond the perception of marijuana as it has been perceived (a recreational solution delivered via a joint, reefer, fatty, pot, ) to what it…

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This Colombian Girl-Boss Leads Medical Cannabis

Last year, Canopy Growth (TSX:WEED)(NYSE:CGC) announced the acquisition of the leading Colombian medical marijuana company, Spectrum Cannabis. According to an SEC filing dated February 14, 2019, Spectrum Cannabis owns 126 hectares of land on which Canopy Growth may cultivate legal marijuana. Spectrum Cannabis began as a family-owned medical cannabis company in Colombia following medical marijuana’s legalization in 2016. Post-acquisition, Bibiana…

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Should You Invest in Breath of Life International’s Weed Stock IPO?

Over the years, Israel has played a leading role in the development of medical marijuana. THC–the psychoactive compound in marijuana–was first isolated by Israeli chemists in 1964 and later developed by Israeli companies for use in their own country. After achieving popularity as a cancer treatment in the 1990s, THC was officially approved for export by Israeli authorities. Now, Israel…

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Medical Marijuana Expected to Be Legal in All 50 U.S. States by 2024

The U.S. cannabis market is growing rapidly, and it may not be long before we see every state have some form of marijuana legalized. A recent report by research companies Arcview Market Research and BDS Analytics suggests that by 2024, we could see the global cannabis sales in regulated markets to reach US$40 billion, more than double the US$14.9 billion…

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Breaking Down the UK Cannabis Market

Among world superpowers, the Canada has definitely led the way in the legalization and decriminalization of cannabis. The United States has certainly made strong strides over the past year as well. Many are expecting the UK to follow suit, but it’s been a slow burn. The UK has been making strides with their legalization of medical cannabis last year, and…

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Watch This as Aurora Cannabis (TSX:ACB) Targets Positive Earnings This Quarter

Last month, Aurora Cannabis (TSX:ACB)(NYSE:ACB) management reiterated its guidance for a positive EBITDA beginning this current quarter ending June 30. Such an achievement could be a huge confidence booster to the marijuana investing public, which has placed astronomical valuation multiples on the growth stock. Could this noble target be achievable this quarter? There are a lot of moving parts that…

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Canopy Growth (TSX:WEED): A Pot of Gold

Canopy Growth (TSX:WEED)(NYSE:CGC) is Canada’s leading producer and marketer of cannabis products and the first such company to be listed on both the Toronto and New York Stock Exchanges. Consider the reasons why: a stellar management team committed to quality and innovation and to industry leadership through targeted acquisitions and alliances; a rapidly expanding international presence; and a recent investment…

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4 Emerging Trends as Aurora Cannabis (TSX:ACB) Targets Operating Profitability

Marijuana player Aurora Cannabis (TSX:ACB)(NYSE:ACB) released its fiscal third-quarter earnings on May 14, and management reiterated an earlier promise for an operating-earnings-positive quarter in the next installment. The company had reported ever-widening operating losses over several quarters in the past, as management went all out on an aggressive acquisitions-led growth spree, but there have been some notable emerging trends that…

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