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3 Marijuana Stocks For Today Watchlist
ACBAurora(ACB) Marijuana Stocks | Cannabis Investments And News. Roots Of A Budding Industry.™·2024-11-15 14:44

Industry Overview - The cannabis industry is currently facing challenges due to political dynamics, with both Republicans and Democrats having differing approaches to federal reform [1][2] - Despite these challenges, the industry has generated significant revenue and is expected to continue evolving as politicians seek a compromise [2][3] Company Highlights - SNDL Inc.: Engages in the production, distribution, and sale of cannabis products in Canada, recently renewing its share repurchase program to buy back up to C100millionofitsoutstandingshares[4][5]AuroraCannabisInc.:ReportedrecordAdjustedEBITDAof100 million of its outstanding shares [4][5] - **Aurora Cannabis Inc.**: Reported record Adjusted EBITDA of 10.1 million, a 210% year-over-year increase, and quarterly net revenue of 81.1million,up2981.1 million, up 29% year-over-year, with a strong balance sheet of approximately 152 million in cash and no debt [7][8] - High Tide Inc.: Operates in the cannabis retail sector across Canada and internationally, recently closing a $15 million subordinated debt facility [9]