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.....»»
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......»»
Should Aurora Exit Recreational Market? Analysts Dissect Cannabis Co. Earnings
Canadian cannabis company Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB) posted its third-quarter of fiscal 2021 financial results on Thursday with revenue of CA$58.4 million ($48.1 million), down by 19.5% year-over-year, a.....»»
Aurora Posts Q2 Earnings, Touts 562% Spike In "International Medical" Cannabis Sales
Aurora Cannabis (NYSE: ACB) released its second-quarter fiscal 2021 earnings report&nb.....»»
Aurora Posts Q2 Earnings, Touts 562% Spike In "International Medical" Cannabis Sales
Aurora Cannabis (NYSE: ACB) released its second-quarter fiscal 2021 earnings report Thursday afternoon. Here's what we learned: read more.....»»
Consumer Watch: Why Canopy Growth’s sales grew as Aurora Cannabis struggled to sell more weed
Canopy Growth Corp. reported earnings early Friday that gave investors a few reasons to cheer: In short, it wasn’t a total disaster......»»
Consumer Watch: Three reasons why Canopy Growth’s cannabis sales grew as Aurora struggled
Canopy Growth Corp. reported earnings early Friday that gave investors a few reasons to cheer: In short, it wasn’t a total disaster......»»
Cannabis Watch: Cannabis stocks are a sea of red as selloff stretches to sixth straight day
Cannabis stocks were a sea of red again on Monday, with Aurora Cannabis tumbling another 7% following disappointing earnings and MedMen down 17% on news of job cuts and asset sales......»»
MKM lowers quarterly estimates for Canopy Growth and Aurora Cannabis ahead of Thursday earnings
MKM Partners lowered its quarterly estimates for Canadian cannabis companies Canopy Growth Corp. and Aurora Cannabis Inc. , and said he expects neither company will show much improvement in sales when they report earnings on Thu.....»»
Aurora Cannabis stock drops after earnings, as pot sales miss revised target
Aurora Cannabis Inc. shares declined nearly 10% in the extended session Wednesday after the pot company missed revenue expectations even after trimming its forecast......»»
Cannabis Watch: Cannabis stocks slammed as Canopy earnings disappoint
Cannabis stocks fell on Friday, led by Canopy Growth Corp., after the biggest company in the sector measured by market cap reported an unexpected decline in recreational pot sales in Canada in the fourth quarter from the previous one......»»
Cannabis Watch: Canopy Growth earnings show decline in recreational pot sales since launch of legal weed in Canada
The world’s largest pot company said Thursday that recreational pot sales in Canada declined from the launch quarter, but continued to promise increased production of marijuana to meet demand......»»
Cannabis Watch: Canopy Growth earnings show decline in recreational pot sales from launch of legal weed in Canada
The world’s largest pot company said Thursday that recreational pot sales in Canada declined from the launch quarter, but continued to promise increased production of marijuana to meet demand......»»
Cannabis Watch: Aurora Cannabis losses growing faster than expected, shares fall
Aurora Cannabis Inc. sales and losses both grew faster than expected in its fiscal third quarter, according to an earnings report released late Tuesday that sent shares about 2% lower in after-hours trading......»»
Cannabis Watch: Aurora Cannabis pot sales and losses growing faster than expected, shares fall
Aurora Cannabis Inc. sales and losses both grew faster than expected in its fiscal third quarter, according to an earnings report released late Tuesday that sent shares about 2% lower in after-hours trading......»»
Earnings Watch: Cannabis companies failed their first big test, now they have a second chance
After the first nearly full quarter of recreational cannabis sales, the world’s largest pot producers had a shot to prove they belong among blue-chip stocks. They mostly failed......»»
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......»»
Cannabis Watch: Pot companies to reveal earnings less than a month after Canadian legalization
Four major Canada-based weed producers are set to report earnings next week, the biggest financial test for the companies since Canada legalized adult recreational use of cannabis on Oct. 17......»»
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. What Happened Aurora's Q1 print marks the company's first as a NYSE-listed company. The company said.....»»
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.....»»
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......»»