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Aurora Cannabis earnings claim it sold about a fifth of Canada"s legal pot in opening quarter

Aurora Cannabis Inc. sold about one-fifth of Canada's recreational marijuana in the first quarter of legal availability, the company .....»»

Category: topSource: marketwatchFeb 11th, 2019

Aurora Cannabis earnings show big growth in pot sales, but worrisome profit trend

Aurora Cannabis Inc. nearly quadrupled its revenue and claimed a strong market share in an earnings report Monday that detailed the first quarter of legal recreational-pot sales in Canada, but also showed off large losses and a shrinking margin......»»

Category: topSource: marketwatchFeb 11th, 2019

Cannabis Watch: Pot maker Cronos Group losses widen, but recreational sales remain a mystery

Investors continue to have no idea how much recreational pot Cronos Group Inc. sold as its losses continued to mount, according to fourth-quarter earnings it reported Tuesday before the opening bell......»»

Category: topSource: marketwatchMar 27th, 2019

Cannabis Watch: Tilray earnings: Time to prove it can actually sell some pot

With Tilray Inc.’s fourth-quarter earnings on the horizon, investors will at long last understand how much legal marijuana Tilray can actually sell......»»

Category: topSource: marketwatchMar 14th, 2019

Cannabis Watch: Hexo shares a bright spot in weak cannabis sector as revenue jumps in latest quarter

Hexo Corp. shares were a bright spot in a lackluster cannabis sector Thursday, after the Canadian company posted results for its latest quarter, showing a narrower loss and big jump in revenue as the legal adult-use market in Canada kicked off......»»

Category: topSource: marketwatchMar 14th, 2019

Philip Morris Cuts Profit Forecast After Canada Court Ruling

Philip Morris International Inc. cut its profit outlook for the year and expects lower pretax earnings in the first quarter after a subsidiary and other tobacco companies lost a major legal appeal in Canada......»»

Category: smallbizSource: wsjMar 7th, 2019

Canopy Growth"s Q3 Revenue Jumps 283% Year-Over-Year

Canopy Growth Corp (NYSE: CGC), the largest cannabis company in Canada, reported fiscal third-quarter earnings after the close Thursday evening, with net revenue that rose 283 percent to CA $83.048 mill.....»»

Category: earningsSource: benzingaFeb 15th, 2019

Cannabis Watch: Canopy Growth shows surging pot sales in late-arriving earnings report

The largest pot company by market value, Canopy Growth Corp., reported a 283% increase in quarterly revenue as marijuana became legal in Canada, but earnings were slammed by paper losses, according to a securities filing late Thursday evening......»»

Category: topSource: marketwatchFeb 15th, 2019

Canopy Growth"s Q3 Revenue Jumps 283% Year-Over-Year

Canopy Growth Corp (NYSE: CGC), the largest cannabis company in Canada, reported fiscal third-quarter earnings after the close Thursday evening, with net revenue that rose 283 percent to CA $83.048 million ($62.4 million) year-over year. read more.....»»

Category: blogSource: benzingaFeb 14th, 2019

Cannabis Watch: Cannabis stocks rally after Aurora posts first earnings of December quarter

Cannabis stocks were higher across the board on Tuesday, as investors digested the first earnings reports of the season and a first look at a pot banking bill that Democrats are hoping to pass in 2019......»»

Category: topSource: marketwatchFeb 12th, 2019

Canaccord"s Takeaways From Aurora"s First Full Quarterly Earnings Print

Cannabis company Aurora Cannabis Inc (NYSE: ACB) reported Monday with its first full-quarter results, which showed that the company held a 20-percent market sha read more.....»»

Category: blogSource: benzingaFeb 12th, 2019

Do Aurora Cannabis Results Signal a Weakness in Pot Market?

Canadian marijuana grower Aurora Cannabis reported second-quarter earnings Monday night indicating that margins shrank and that costs are increasing......»»

Category: blogSource: 247wallstFeb 12th, 2019

Aurora Cannabis Stock Is Falling Because Pot Is Getting Cheaper in Canada

Aurora’s fiscal-second quarter sales were roughly in line with the company’s recent forecast. Still, cannabis prices fell significantly from a year ago......»»

Category: topSource: barronsFeb 12th, 2019

Aurora Cannabis Earnings Reveal More Money, More Problems for Recreational Pot Sales

Legalizing pot in Canada has helped Aurora's sales, but added to its excise taxes and regulation-inspired costs. The legalization of marijuana is proving to be a two-edged sword for cannabis startups: On the one hand, it means mo.....»»

Category: europeSource: fortuneFeb 11th, 2019

Earnings Watch: Pot, soda and videogame earnings are on Wall Street’s to-do list

Earnings Watch: Aurora Cannabis and Canopy Growth to show off legal-pot earnings; Pepsi and Coke square off; Nvidia and Activision follow rough week for videogame publishers.....»»

Category: topSource: marketwatchFeb 9th, 2019

Cannabis Watch: Marijuana stocks rise after Organigram doubles revenue forecast

Recreational pot sales are off to a strong start for Organigram Holdings Inc., and Chief Executive Greg Engel said he expect sales to double in the first full quarter of legal marijuana sales in Canada......»»

Category: topSource: marketwatchJan 28th, 2019

Cannabis Watch: Cannabis company Aphria confirms CEO and co-founder will move out of roles

Canadian cannabis company Aphria Inc. confirms Friday that its CEO and co-founder would be transitioning out of their roles, as it reported earnings for its fiscal second quarter that reflected the start of full legalization of the substance in Canada......»»

Category: topSource: marketwatchJan 11th, 2019

Cannabis Watch: Aphria confirms CEO and co-founder to move out of roles

Canadian cannabis company Aphria Inc. confirmed Friday that its CEO and co-founder would be transitioning out of their roles, as it reported earnings for its fiscal second quarter that reflected the start of full legalization of the substance in Canada......»»

Category: topSource: marketwatchJan 11th, 2019

Aurora Cannabis"s stock slips as revenue growth outlook falls shy of some estimates

Canada-based Aurora Cannabis Inc. said Tuesday fiscal second-quarter revenue would be about 4-to-5 times what it was a year ago. The company now expects r.....»»

Category: topSource: marketwatchJan 8th, 2019

Cannabis Earnings Roundup: Record Sales, But Concerns Remain

The four largest cannabis companies in Canada -- Aurora Cannabis Inc (NYSE: ACB), Canopy Growth Corp (NYSE: CGC), Tilray Inc (NASDAQ: TLRY) and Cronos Group Inc (NASDAQ: CRON) -- have all recently reported .....»»

Category: earningsSource: benzingaNov 14th, 2018

Cannabis Watch: Canopy stock slumps after earnings show no initial boost from Canada legalization

Canada-based pot producer Canopy Growth Corp. posted a sequential decline in quarterly revenue Wednesday, mounting losses and said it hadn’t received a material order of recreational cannabis during the quarter......»»

Category: topSource: marketwatchNov 14th, 2018