ACB.TO - Aurora Cannabis Inc.
| Previous Close | 19.27 |
| Open | 19.27 |
| Bid | 19.14 x 0 |
| Ask | 19.16 x 0 |
| Day's Range | 18.32 - 19.70 |
| 52 Week Range | 7.50 - 130.80 |
| Volume | 2,452,401 |
| Avg. Volume | 1,769,414 |
| Market Cap | 2.165B |
| Beta (5Y Monthly) | 1.40 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -14.95 |
| Earnings Date | May 14, 2020 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 1.72 |
- Motley Fool
Aurora Cannabis Was the Hottest Big Marijuana Stock in May -- but Will Its Sizzle Soon Fizzle?
Aurora surprised investors with its better-than-expected Q3 results a couple of weeks ago. At the time of its Q3 update, over 19% of Aurora's outstanding shares were sold short. When Aurora beat expectations, it's a near-certainty that some of the short-sellers quickly moved to cover their losses by buying Aurora stock.
- Motley Fool
10 Things to Hate About Canopy Growth's Q4 Update
After Aurora Cannabis (NYSE: ACB) posted surprisingly positive Q3 results last week, some might have thought that Canopy Growth (NYSE: CGC) would have good news in its quarterly update this week. Canopy announced its fiscal 2020 fourth-quarter and full-year results on Friday and the marijuana stock fell more than 20% in intraday trading, which gives you an idea of how the company performed in Q4. Here are 10 things to hate about Canopy Growth's Q4 update, along with a couple of things to love.
- The Motley Fool
Aurora Cannabis (TSX:ACB): The $1 Billion Question
Faced with bad assets and even more writedowns, Aurora Cannabis Inc (TSX:ACB)(NYSE:ACB) stock is looking ugly.The post Aurora Cannabis (TSX:ACB): The $1 Billion Question appeared first on The Motley Fool Canada.
- The Motley Fool
Market Rally: Top TSX Cannabis Stocks for June 2020
Some of the top TSX cannabis stocks have seen a consistent surge in the last few months. Do you own these in your portfolio?The post Market Rally: Top TSX Cannabis Stocks for June 2020 appeared first on The Motley Fool Canada.
- The Motley Fool
Here’s How Much $10,000 Invested in Aurora, Canopy and Aphria Is Worth Today
Some are high, some are low, so let's see where these three top cannabis producers fall with a $10,000 investment.The post Here’s How Much $10,000 Invested in Aurora, Canopy and Aphria Is Worth Today appeared first on The Motley Fool Canada.
- Motley Fool
Why Aurora Cannabis Stock Dropped 10% This Morning
Canadian cannabis kingpin Aurora Cannabis (NYSE: ACB) closed its acquisition of Massachusetts-based cannabidiol (CBD) maker Reliva LLC last night in a $40 million deal (or more than twice that, if Reliva hits certain financial milestones over the next couple of years). Aurora Cannabis stock plunged more than 10% as soon as trading resumed this morning and hasn't gained back much since -- down 8.5% as of 12:15 p.m. EDT. Aurora interim CEO Michael Singer says the merger will "create a market leading international cannabinoid platform that we believe can deliver robust revenue and profitable growth."
- Zacks
Cannabis ETF Tops in May: 5 Stocks That Led The Way
Inside the best performing stocks in the top cannabis ETF of May.
- Motley Fool
Aurora Cannabis Acquisition of Reliva Closes
Aurora Cannabis' (NYSE: ACB) latest asset buy is in the books. The company announced on Thursday that its purchase of Reliva, a maker of hemp-derived cannabidiol (CBD) products, has closed. The news comes just over a week after Aurora divulged that it and Reliva had agreed to the acquisition.
- Motley Fool
Why Aurora's Expansion Into the U.S. Market Really Isn't All That Exciting
In recent weeks, Aurora Cannabis (NYSE: ACB) stock has seen new life. It all started with the company releasing its third-quarter 2020 results on May 14, which showed 18% revenue growth from the prior period. Then, on May 20, the cannabis producer also announced it was acquiring Reliva, a cannabidiol (CBD) brand that would allow it to penetrate the U.S. market.
- The Motley Fool
Interested in Aurora Cannabis Stock? Try These Companies Instead
Hexo Corp (TSX:HEXO)(NYSE:HEXO) and Aphria Inc (TSX:APHA)(NYSE:APHA) could be better buys in the growing industry.The post Interested in Aurora Cannabis Stock? Try These Companies Instead appeared first on The Motley Fool Canada.
- Motley Fool
OrganiGram Releases Cannabis 2.0 Products To Medical Users
Vapes and chocolate edibles are among the new cannabis products the company is rolling out to medical marijuana consumers.
CNW GroupAurora Cannabis Completes Acquisition of Reliva LLC
EDMONTON , May 28, 2020 /CNW/ - Aurora Cannabis Inc. (the "Company" or "Aurora") (NYSE | TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, today announced it has completed the previously announced acquisition of Reliva, LLC ("Reliva") a leader in the sale of hemp-derived CBD products in the United States for approximately US$40 million of Aurora common shares. The transaction also includes a potential earn-out of up to a maximum of US$45 million payable at Aurora's option in shares or cash contingent upon Reliva achieving certain financial targets over the next two years.
- Motley Fool
Can Aurora Cannabis Recover in 2020?
Well, here's a twist: The COVID-19 pandemic might have dragged down most sectors, but it is lifting up marijuana stocks for sure. Edmonton, Alberta-based Aurora Cannabis (NYSE: ACB) saw strong demand after Canada legalized recreational marijuana in 2018. External factors including black-market sales and a slow rollout of stores post-legalization made it harder for the company to make a profit; ultimately, investors lost trust, and the stock kept sinking below $1 -- to the point that it was at risk of being delisted from the New York Stock Exchange.
- Motley Fool
COVID-19's Surprising Impact on Cannabis Sales
Though marijuana sales have been blazing-hot during the coronavirus pandemic, don't get too high on the monthly sales figures.
- Motley Fool
Don't Believe Aurora Cannabis' Profitability Spin
When the Canadian cannabis producer uses the word "profitable," it doesn't really mean profitable.
- Motley Fool
Weekly Cannabis Stock News: Aurora Cannabis Gets Back in the Acquisition Game
Last week's big cannabis company news was a throwback to the good old days of 2018 or so, with Aurora Cannabis (NYSE: ACB) signing on the dotted line for a buyout. Canada-based Aurora is reaching across the border for that acquisition. It announced it has agreed to buy U.S. hemp-derived cannabidiol (CBD) products maker Reliva in a deal for roughly $40 million in Aurora common stock, plus up to $45 million over the next two years in cash, stock, or a combination of the two if Reliva meets specific financial goals.
- Zacks
How Cannabis ETFs Beat S&P 500 Past Month
Cannabis stocks and ETFs jumped last week. Here's why.
- The Motley Fool
Aurora Cannabis (TSX:ACB) Isn’t a Buy
Embattled cannabis cultivator Aurora Cannabis Inc. (TSX:ACB)(NYSE:ACB) is highly uncertain and there is more turmoil ahead.The post Aurora Cannabis (TSX:ACB) Isn’t a Buy appeared first on The Motley Fool Canada.
- Motley Fool
Aurora Cannabis' Exeter Sale Confirms the Need for Industrywide Writedowns
Most Canadian licensed producers are likely sitting on underutilized or unused assets that they won't be able to move.
CNW GroupHigh Tide to Open Canna Cabana Storefront in Burlington
CALGARY , May 25, 2020 /CNW/ - High Tide Inc. ("High Tide" or the "Company") (HITI.CN) (HITIF) (2LY.F), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of cannabis lifestyle accessories, is pleased to announce that the Canna Cabana retail cannabis store located in Unit #2 at 2400 Guelph Line in Burlington, Ontario (the "Burlington Store") will be opening on Wednesday, May 27, 2020 . It marks the sixth branded Canna Cabana location in Ontario and the Company's 35th retail cannabis store across Canada .
- Motley Fool
Tilray's CEO Expects at Least a Dozen Cannabis Bankruptcies in 2020 -- Is He Right?
Canadian cannabis company Tilray's (NASDAQ: TLRY) CEO believes that at least 12 marijuana companies will go under this year. In March, Tilray announced that it would be raising $90.4 million through an offering, largely because the company still could. CEO Brendan Kennedy told BNN Bloomberg that he "wasn't sure anyone was going to be able to raise any money in this industry again" and that "when we had the opportunity to strengthen the balance sheet, we did."
- The Motley Fool
Aurora Cannabis (TSX:ACB) Stock: Is the Rally for Real?
Aurora Cannabis Inc. (TSX:ACB)(NYSE:ACB) stock has surged after its Q3 2020 earnings release, while cannabis sales have surged during the pandemic.The post Aurora Cannabis (TSX:ACB) Stock: Is the Rally for Real? appeared first on The Motley Fool Canada.
- Motley Fool
Is Aurora Cannabis a Buy After Its Q3 Results?
The company's revenue was an improvement from the previous quarter, but Aurora still posted a loss.
- The Motley Fool
Aurora Cannabis (TSX:ACB) Stock: $0 Is a Very Real Possibility
Months before COVID-19, the marijuana industry was already plagued with problems. Investors lost interest in the Aurora Cannabis stock because of very poor performance. This weed stock is in danger of falling to $0 if it continues reporting lethargic results.The post Aurora Cannabis (TSX:ACB) Stock: $0 Is a Very Real Possibility appeared first on The Motley Fool Canada.
- Motley Fool
Better Marijuana Stock: Aurora Cannabis vs. Cronos Group
Aurora Cannabis (NYSE: ACB) stock has skyrocketed by a triple-digit percentage in recent days after the Canadian cannabis producer reported better-than-expected fiscal 2020 third-quarter results. You might think that after this huge gain, Aurora is outperforming rival Cronos Group (NASDAQ: CRON), which posted Q1 results earlier this month that were below expectations. Which of these two marijuana stocks is the better pick going forward?
