Spotlight Stock Aurora Cannabis Plans to Cut More Jobs and Facility Closures by Sophia Vida June 25, 2020 Struggling cannabis producer Aurora Cannabis has announced a new round of staff layoffs and its plans to shut five facilities over the next two quarters amid the coronavirus pandemic. The Canadiana marijuana industry has been h...
Legal Related Aurora Cannabis and Cronos Group Named in $500M Lawsuit by Sophia Vida June 24, 2020 A $500 million lawsuit is accusing marijuana producers of distributing products with incorrect THC and CBD levels. The class action lawsuit was filed in Calgary Canady against the cannabis producers whose claims of THC and CBD ...
Money related Online Transactions for the Ontario Cannabis Store Explode 82% in March by Sophia Vida June 10, 2020 While March was a frantic month due to the coronavirus pandemic and lockdowns, Ontario saw tremendous success during the month. The Ontario Cannabis Store (OCS) released data on its sales over the past 12 months, from April 1, ...
Spotlight Stock Aurora Cannabis Shares Pop After Making Deal to Enter U.S. Market by Sophia Vida May 21, 2020 Shares of Canadian marijuana producer Aurora Cannabis were soaring as Wall Street learned that the company had made a deal to enter the U.S. market. Aurora Cannabis has agreed to buy U.S.-based CBD company Reliva, giving the co...
Spotlight Stock Aurora Cannabis Reports Explosive Revenues in Q3 by Sophia Vida May 19, 2020 Recently shares of Aurora Cannabis were destroyed after the company executed a 1-for-12 reverse stock split but came back roaring on strong third quarter financial results. The troubled marijuana company reported stronger-than-...
Marijuana Stocks Aurora Cannabis Falls After 1-for-12 Reverse Stock Split by Sophia Vida May 13, 2020 Shares of marijuana producer Aurora Cannabis were falling on Monday, the first day of trading for the company after it went through a 1-for-12 reverse stock split. It was in April that Aurora proposed to execute the split after...
Spotlight Stock Aurora Cannabis is Consolidating its Stock After Facing a Delisting by Sophia Vida April 15, 2020 Canadian marijuana producer Aurora Cannabis has decided to do a reverse stock split as the company faced a delisting by the New York Stock Exchange for shares trading for less than $1. Moving forward, Aurora Cannabis will conso...
Spotlight Stock Aurora Cannabis and Other Pot Stocks Get Downgraded by Cowen by Sophia Vida February 25, 2020 The week did not start off too well for marijuana stocks Aurora Cannabis, Tilray Inc., and Sundial Growers Inc. The companies were downgraded by a Cowen team led by Vivien Azer on Monday, as analysts become cautious about their...
Marijuana Stocks Analyst Says Aurora Cannabis Shares are Headed to $1 by Sophia Vida January 10, 2020 According to Piper Sandler analyst Michael Lavery, Aurora Cannabis Inc. shares are set to go to $1. Lavery has downgraded the Canadian marijuana producer to the equivalent of a sell and has put a $1 price target on the stock....
Trends & Articles Stifel Believes Pot Stocks Will Rebound This Year by Sophia Vida January 08, 2020 Marijuana analysts at Stifel are expecting a rebound this year for pot stocks in the first half of 2020. Many marijuana stocks were annihilated in 2019, including Canada's Canopy Growth and Aurora Cannabis. Canada's Albe...
