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Aurora Cannabis Is Running Out Of Cash Fast

Aurora Cannabis Is Running Out Of Cash Fast.....»»

Category: topSource: seekingalphaDec 3rd, 2019

Bank Of America Downgrades Aurora Cannabis, Concerned About Cash Burn

Aurora Cannabis Inc (NYSE: ACB) deserves credit for building industry leading scale and strong margins, but Bank of America thinks the company is burning fast.....»»

Category: blogSource: benzingaJul 18th, 2019

Cannabis Watch: Aurora Cannabis and Tilray set to detail hoarding of marijuana during COVID-19

Several of the largest cannabis companies are set to report earnings this week, with Tilray Inc. and GW Pharmaceuticals PLC kicking off the proceedings and the struggling-for-cash Aurora Cannabis Inc. batting cleanup......»»

Category: topSource: marketwatchMay 9th, 2020

Is Cash the Only Savior for Aurora Cannabis Stock?

Is Aurora Cannabis headed for bankruptcy reorganization? The signs are unmistakable, though maybe not unavoidable......»»

Category: blogSource: 247wallstMay 6th, 2020

Aurora Cannabis reports C$250M in cash

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: theflyonthewallApr 13th, 2020

Explainer: Next from the Fed - Help for Main Street

The U.S. Federal Reserve responded fast to the coronavirus crisis with open-ended programs to keep financial markets running and ensure major companies could raise cash as they usually do through large capital markets......»»

Category: topSource: reutersApr 9th, 2020

Coming next from the Fed: How much for Main Street?

The U.S. Federal Reserve responded fast to the coronavirus crisis with open-ended programs to keep financial markets running and ensure major companies could raise cash as they usually do through large capital markets......»»

Category: topSource: reutersApr 8th, 2020

Coronavirus empties airlines" cash drawers, knocks $157 billion off share values

Global airlines are fast running out of cash after cutting capacity by 90% or even grounding entire fleets due to the broad travel restrictions to contain the spread of the coronavirus, calling into question the survival of several firms......»»

Category: topSource: reutersMar 18th, 2020

Aurora Cannabis Announces Second Quarter 2020 Results

Net Revenue of $66.6 million, excluding provisions of $10.6 million Net Cannabis Revenue, excluding provisions, of $63.2 million, In Line With Recent Guidance Cash Cost to Produce Per Gram Sold of $0.88 Successful Launch o.....»»

Category: earningsSource: benzingaFeb 13th, 2020

Some pot companies just months from running out of cash

Liquidity is a more pressing concern for Canadian cannabis companies than for their U.S. counterparts, according to a new report......»»

Category: topSource: moneycentralFeb 11th, 2020

Some pot companies just months from running out of cash

Liquidity is a more pressing concern for Canadian cannabis companies than for their U.S. counterparts, according to a new report......»»

Category: topSource: moneycentralFeb 11th, 2020

Cannabis Watch: Aurora Cannabis stock is falling as CEO steps down, ‘sweeping’ cost-cutting plan announced

Aurora Cannabis Inc. late Thursday said that Chief Executive Terry Booth is retiring amid “sweeping changes” for the Canadian licensed producer, the latest pot company to cut costs amid a cash crunch in the sector......»»

Category: topSource: marketwatchFeb 6th, 2020

Aurora Cannabis Trades Down As Q1 Loss Balloons, Company Reels In Construction, Expenses

Aurora Cannabis Inc (NYSE: ACB) reported first-quarter sales of CA$70.8 million ($53.4 million) Thursday, down from CA$94.6 million in the fourth quarter. The cannabis company's cash cost to produce per gram fell 25% sequentially to .....»»

Category: earningsSource: benzingaNov 14th, 2019

Aurora Cannabis: Questions Over Its Cash Balance

Aurora Cannabis: Questions Over Its Cash Balance.....»»

Category: topSource: seekingalphaAug 6th, 2019

Pot Stock Analyst Downgrade Brings $400 Million Hit to Aurora Cannabis

Aurora Cannabis took a big analyst downgrade from Merrill Lynch. This just munched deep into the upside story, and the analyst downgrade warns of Aurora needing to raise cash......»»

Category: blogSource: 247wallstJul 18th, 2019

Cannabis Watch: Aurora Cannabis weighs on sector after BofA downgrade highlights its cash burn

Aurora Cannabis shares tumble Thursday to pull the overall sector lower, after an analyst at Bank of America Merrill Lynch downgraded the stock on concerns about its rate of spending cash......»»

Category: topSource: marketwatchJul 18th, 2019

Cannabis Watch: Aurora Cannabis weighs on sector after BofA downgrade highlights cash burn

Aurora Cannabis shares tumbled Thursday to pull the overall sector lower, after BofA Merrill Lynch downgraded the stock on concerns about its cash burn......»»

Category: topSource: marketwatchJul 18th, 2019

Aurora Cannabis shares slide after BofA downgrade on concerns about cash burn

Aurora Cannabis Inc. shares fell 2.3% in early trade Thursday, after BofA Merrill Lynch downgraded the stock to neutral from buy and lowered its stock price target to $8 from $10, on.....»»

Category: topSource: marketwatchJul 18th, 2019

3 Great Reasons to Buy Aurora Cannabis Stock

The marijuana maker's shares can help you cash in on the worldwide weed market......»»

Category: topSource: foxnewsMay 31st, 2019

Aurora Cannabis Exec Says Positive EBITDA Would Be "Game-Changer"

Aurora Cannabis Inc (NYSE: ACB) Executive Chairman Michael Singer was a guest on CNBC's "Fast Money" segment Wednesday to discuss the cannabis company's read more.....»»

Category: blogSource: benzingaMay 16th, 2019

Aurora Cannabis Plans US Stock Listing in October

Aurora Cannabis Plans US Stock Listing in October $ACBFF, $TLRY, $KO, $SZT Canada’s Aurora Cannabis Inc. (TSX:ABC) said Thursday it planned a US listing of its shares in October, as it looks to cash in on stro.....»»

Category: topSource: livetradingnewsSep 20th, 2018