Is Aurora Cannabis (TSX:ACB) Stock a Buy Right Now?

Big changes keep happening at Aurora Cannabis (TSX:ACB)(NYSE:ACB) this year. The marijuana producer has significantly restructured its operations and balance sheet as industry focus turns from growth to profitability. The big question for investors is whether Aurora Cannabis stock is a buy or sell after the latest restructuring update announced on Tuesday. What’s happening at Aurora Cannabis? Aurora is suspending…

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Canopy Growth (TSX:WEED) Stock: $0 or $100?

Industries across the board continue to suffer thanks to the COVID-19 pandemic. It seems no industry immune to the financial devastation it can cause, including the cannabis industry. Despite the increase in demand and sales of cannabis while people stay home, that hasn’t fixed the problem cannabis suppliers like Canopy Growth Corp. (TSX:WEED)(NYSE:CGC) continue to have: a means of supplying that…

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Pass That Joint With a 2-Metre-Long Pole

Some headlines are now saying that a significant recession could cause a demand surge for recreational cannabis in Canada. These headlines have caused some optimism in the sector for the first time in a while. I, however, don’t see how spending a higher percentage of one’s EI cheque on pot rather than rent makes sense. But perhaps folks prioritize needs…

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Should You Consider Aurora Cannabis (TSX:ACB) Stock at These Levels?

Though the leading pot stock Aurora Cannabis (TSX:ACB)(NYSE:ACB) showed some recovery recently, uncertainty might continue to weigh in. Its immense volatility might have worked in favour of the traders, but long-term investors have been brutally burned. The stock has lost more than 75% in the last 12 months. Aurora Cannabis’s poor Q2 show Aurora Cannabis yet again reported a loss…

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Which Marijuana Stock Offers the Best Opportunity to Buy Now?

At the start of 2020, buying marijuana stocks is one of the most challenging trades for growth investors. After a spectacular boom-and-bust cycle of 2019, there is too much uncertainty in the air about the world’s best marijuana stocks. After riding on the pot legalization wave in Canada, many producers are struggling to show that they can make this business…

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Cannabis Investors: 3 Big Changes Coming Soon to Cronos Group’s (TSX:CRON)

Cannabis firm Cronos Group (TSX:CRON)(NASDAQ:CRON) reported its third-quarter financial results on Wednesday this week and management has announced some significant changes to the business. Investors need be aware of the following fundamental changes to the company’s future operations and financial results presentations going forward. Here’s what you need to know. Big change in applicable accounting standards First, the company will…

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Canopy Growth Corp (TSX:WEED) Is Going Downhill: Is it Time to Fold?

Canopy Growth Corp (TSX:WEED)(NYSE:CGC) is often touted as one of the best investments within the marijuana sector. The Ontario-based firm is one of the leaders in peak production capacity and is part of a select few that possess supply agreements with every Canadian province. Further, Canopy — which has managed to land a partner with deep pockets — leads all…

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Does Aurora’s (TSX:ACB) Latest Update Make the Stock a Buy Heading Into Earnings?

Aurora Cannabis Inc  (TSX:ACB)(NYSE:ACB) is expected to release its year-end results around mid-September. However, last week, the company gave investors an update with respect to how it has been doing and where it expects to finish the year. In the past, the company issued warnings stating that it was going to miss expectations. However, this time around, things were a…

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CannTrust’s (TSX:TRST) Health Canada Scandal Is Making Weed Stocks Look Bad… Buy This IPO Instead

It’s been over two weeks, and the CannTrust  (TSX:TRST)(NYSE:CTST) scandal is still raging hot. After having a hold placed on cannabis inventory due to unlicensed production, the company filed a reply to Health Canada’s report of non-compliance. CannTrust is claiming that its production rooms were in compliance with grow site regulations, while admitting that they were not licensed when they…

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My Favourite Marijuana Stock for 2019

Like many in the investing world, I’m excited about the marijuana boom. Everyone expected enormous gains post-legalization. But as it turned out, the marijuana industry is more complex than initially imagined. Instead of reporting massive profits, Canadian cannabis producers are reporting staggering losses. The problem now is, how long it would take to recover those losses and post profits. As…

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