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Top Canadian Marijuana Stocks To Watch In 2024
Marijuana Stocks | Cannabis Investments And News. Roots Of A Budding Industry.™· 2024-08-30 13:09
3 Canadian Marijuana Stocks To Buy In The Stock MarketWhen it comes to finding top marijuana stocks to buy which companies would you choose? Now when going through this process there are some things to consider. For the most part, investing in all things is based on the same basic outline which is buy low sell high do your research create a game plan be patient, and try to take profits when you can.But things are a bit more diverse for cannabis investing. For most US-based legal operators in the market, man ...
3 Weed Stocks Sinking on Reclassification Hearing Update
Schaeffers Investment Research· 2024-08-27 19:12
The U.S. Drug Enforcement Administration (DEA) today announced a proposal hearing on the reclassification of marijuana as a less restricted Schedule III drug will happen on Dec. 2, after the presidential election. The news is bringing cannabis stocks back into focus, with Wall Street debating how a Trump or Harris presidency may influence the decision.Canopy Growth Corp (NASDAQ:CGC) stock is among the industry players responding negatively to today's headlines. CGC was last seen down 10.3% at $5.54, and ear ...
2 Stocks Under $10 Soaring Today
Schaeffers Investment Research· 2024-08-07 19:05
Aurora Cannabis Inc (NASDAQ:ACB) and Lumen Technologies Inc (NYSE:LUMN) are this week's picks for Schaeffer's Cheap Seats: Stocks Under $20 segment. Though in completely different sectors, both stocks have one thing in common -- their soaring price action today. Plus, each were within penny stock territory within the past couple months.At last glance, ACB was up 5.4% at $6.20 after the Canada-based cannabis company's fiscal first-quarter results. The stock has been seeing pressure near $6.30 for roughly the ...
Aurora Cannabis Inc. (ACB) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2024-08-07 14:11
Aurora Cannabis Inc. (ACB) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.35. This compares to loss of $0.40 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 68.57%. A quarter ago, it was expected that this company would post a loss of $0.18 per share when it actually produced earnings of $0.11, delivering a surprise of 161.11%.Over the last four quarters, the company has s ...
Aurora(ACB) - 2025 Q1 - Quarterly Report
2024-08-07 11:15
AURORA CANNABIS INC. Condensed Consolidated Interim Financial Statements (Unaudited) For the three months ended June 30, 2024 and 2023 (in Canadian Dollars) Table of Contents | Condensed Consolidated Interim Statements of Financial Position | | | | 3 | | --- | --- | --- | --- | --- | | Condensed Consolidated Interim Statements of Income (Loss) and Comprehensive Income (Loss) | | | | 4 | | Condensed Consolidated Interim Statements of Changes in Equity | | | | 6 | | Condensed Consolidated Interim Statements o ...
Aurora Cannabis Inc. Reminds Shareholders to Vote in Advance of the Proxy Voting Deadline for its 2024 Annual General and Special Meeting of Shareholders
Prnewswire· 2024-07-30 11:00
NASDAQ | TSX: ACB Your vote is important no matter how many shares you own. Please vote today. Shareholders with questions or who need assistance voting their shares should contact Aurora's strategic advisor and proxy solicitation agent, Laurel Hill Advisory Group (Toll-Free Tel: 1-877-452-7184 / International Tel: 1-416-304-0211 E-mail: [email protected]) EDMONTON, AB, July 30, 2024 /PRNewswire/ - Aurora Cannabis Inc. (the "Company" or "Aurora") (NASDAQ: ACB) (TSX: ACB), a leading Canada-based global medic ...
Aurora Cannabis to Host First Quarter 2025 Investor Conference Call
Prnewswire· 2024-07-29 11:00
NASDAQ | TSX: ACB EDMONTON, AB, July 29, 2024 /PRNewswire/ - Aurora Cannabis Inc. (the "Company" or "Aurora") (NASDAQ: ACB) (TSX: ACB), a leading Canada-based global medical cannabis company, announced today that it has scheduled a conference call to discuss the results for its first quarter 2025 on Wednesday, August 7, 2024 at 8:00 a.m. Eastern Time | 6:00 a.m. Mountain Time. The Company will report its financial results for the first quarter 2025 before the opening of markets that same day. Conference Cal ...
3 Canadian Marijuana Stocks For Your August Watchlist
Marijuana Stocks | Cannabis Investments And News. Roots Of A Budding Industry.™· 2024-07-26 13:27
Industry Overview - The marijuana sector is characterized by high volatility, making it challenging for investors to navigate [1][2] - Despite past quick turnarounds, current trends indicate that marijuana stocks have been on the downside, but there is positive speculation about future developments in the industry [2] Key Companies Aurora Cannabis Inc. - Aurora Cannabis Inc. operates in the production, distribution, and sale of cannabis and cannabis derivative products, both in Canada and internationally [4] - The company has received expanded cultivation licenses for a facility in Germany, allowing it to cultivate additional products and cater to the growing German patient base [5] SNDL Inc. - SNDL Inc. is involved in the production, distribution, and sale of cannabis products in Canada, with operations across various segments including Liquor Retail and Cannabis Retail [7] - The company is set to announce its Q2 2024 financial results on August 2, 2024, followed by a conference call [8] Organigram Holdings Inc. - Organigram Holdings Inc. focuses on the production and sale of cannabis and cannabis-derived products in Canada [9] - The company has made a $1 million investment into Phylos to enhance its auto flower and rare cannabinoid portfolio, with plans to receive unique auto-flower seed varietals for testing by September 30, 2024 [9]
Aurora Receives Expanded Cultivation and Unique Research Licenses for German Facility
Prnewswire· 2024-07-25 23:15
Core Viewpoint - Aurora Cannabis Inc. has received two licenses from Germany's Federal Institute for Drugs and Medical Devices, allowing for continued domestic cultivation and the trial of additional cultivars, positioning the company to expand its offerings in the growing German medical cannabis market [1][2][3] Group 1: Licenses and Expansion - The new licenses enable Aurora to continue domestic cultivation and to cultivate an additional approved product, enhancing its offerings to the German patient base [1][2] - Aurora plans to trial up to seven additional novel cultivars at its EU GMP facility in Leuna, Germany, under the dedicated R&D license [1][2] Group 2: Commitment and Quality - The company emphasizes its commitment to quality and compliance, which has led to the granting of additional licenses, reflecting its established leadership in the region [2][3] - Since 2021, Aurora has been cultivating approximately 1,000 kg (about 2204 lb) of medical cannabis flower annually as part of a tender agreement with BfArM [2] Group 3: Industry Impact - Aurora supports Germany's regulatory reforms, anticipating broader acceptance of medical cannabis and modern frameworks across Europe [3] - The company's expertise in developing high-quality and innovative products positions it as a leader to meet growing patient demand [3]
Timebomb Ticking: 3 Stocks to Offload Before the Crash
Investor Place· 2024-07-11 11:11
Investing in the stock market can be a highly rewarding pursuit. However, it also brings an oasis of risks. Some stocks possess significant financial and operational weaknesses that may lead to declines in their value. Here, the focus is on three such stocks considered for the list of stocks to sell. Each of these companies is a leader in its respective sectors. However, it faces adversities that could undermine its long-term stability and profitability. The first company’s profitability and growth are clos ...