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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

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

Tilray revenue doubled but losses widened ahead of legal pot sales in Canada

Tilray Inc. nearly doubled revenue as losses mounted ahead of Canadian legalization of recreational cannabis, the pot producer revealed Tuesday in an earnings report......»»

Category: topSource: marketwatchNov 13th, 2018

Tilray (TLRY) to Report Q3 Earnings: What"s in the Cards?

We expect investors to focus on Tilray's (TLRY) pipeline updates when it reports third-quarter results. Tilray, Inc., TLRY produces medical cannabis in Canada and Europe. The company is a global pioneer in the resear.....»»

Category: worldSource: nytNov 12th, 2018

Cannabis Watch: Aurora stock falls as earnings show cannabis company’s investments are still the big earners

Massive demand for marijuana and a scramble to capitalize on adult recreational legalization in Canada generated more revenue for Aurora Cannabis Inc. but cost the company millions, according to results the company reported Monday after the market opened......»»

Category: topSource: marketwatchNov 12th, 2018

Aurora Cannabis Sees Huge Sales Increase In Q1 Earnings Release

Aurora Cannabis Inc (NYSE: ACB) shares were down Monday after the Canadian marijuana company reported its fiscal first-quarter results. read more.....»»

Category: blogSource: benzingaNov 12th, 2018