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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

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

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

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

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

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

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.....»»

Category: earningsSource: benzingaNov 12th, 2018

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......»»

Category: topSource: marketwatchNov 9th, 2018

Aurora Cannabis begins cannabis oil sales to German pharmacies

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 11th, 2019

Meet the Robo Analyst Who Cuts Through Happy Talk on Earnings Calls

Money manager American Century has created a computer program that pores over corporate earnings calls looking for executives soft-pedaling problems to investors. Starbucks provided one example......»»

Category: topSource: barronsMar 7th, 2019

California Marks 1 Year Of Recreational Marijuana: How Much Cannabis Was Sold?

At the end of the first quarter of 2018, we spoke with GreenWave Advisors’ Matt Karnes, who said California cannabis sales could hit $2.5 billion in 2018, mostly in line with estimates out of BDS Analytics and Arcview Market Research. read more.....»»

Category: blogSource: benzingaMar 7th, 2019

Jim Cramer Shares His Thoughts On Canopy Growth, Iqiyi, Dropbox And More

On CNBC's "Mad Money Lightning Round", Jim Cramer said that instead of Aurora Cannabis Inc (NYSE: ACB), he would buy Canopy Growth Corp (NYSE: read more.....»»

Category: blogSource: benzingaFeb 27th, 2019

Cannabis Watch: Aurora Cannabis shares climb on news of medical marijuana deal in Portugal

Overall sector is mostly higher Tuesday, as investors digest the latest flurry of announcements from companies in the sector and moves among U.S. states toward legalizing weed for adult recreational use......»»

Category: topSource: marketwatchFeb 26th, 2019

Weekly Cannabis Report: Canopy, Aurora, And Supreme Earnings

Weekly Cannabis Report: Canopy, Aurora, And Supreme Earnings.....»»

Category: topSource: seekingalphaFeb 19th, 2019

Aurora Cannabis and Canopy Growth Earnings Updates: What to Love and What to Loathe

And what to look forward to based on the big Canadian marijuana growers' latest quarterly results......»»

Category: topSource: foxnewsFeb 19th, 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

Marijuana Stocks Are Rallying After Aurora Cannabis Posted Earnings

Investors also got a first look at a pot banking bill that Democrats are hoping to pass in 2019......»»

Category: topSource: barronsFeb 13th, 2019

Aurora Cannabis is a prime example of why marijuana investors should focus on money flows

With Aurora Cannabis and most other marijuana stocks, sentiment and short squeezes are directing price action......»»

Category: topSource: marketwatchFeb 12th, 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