Aurora Cannabis Inc. (ACB)
Market Cap | 115.91M |
Revenue (ttm) | 200.73M |
Net Income (ttm) | -107.70M |
Shares Out | 15.73M |
EPS (ttm) | -3.89 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 4,046,963 |
Open | 7.61 |
Previous Close | 7.61 |
Day's Range | 7.18 - 7.64 |
52-Week Range | 2.84 - 11.50 |
Beta | 2.65 |
Analysts | Hold |
Price Target | 9.00 (+21.95%) |
Earnings Date | May 28, 2024 |
About ACB
Aurora Cannabis Inc., together with its subsidiaries, produces, distributes, and sells cannabis and cannabis-derivative products in Canada and internationally. It operates through three segments: Canadian Cannabis, European Cannabis, and Plant Propagation. The company produces, distributes, and sells medical and consumer cannabis products in Canada. It is also involved in the distribution of wholesale medical cannabis in the European Union (EU); distribution of wholesale medical cannabis in various international markets, including Australia, th... [Read more]
Full Company ProfileFinancial Performance
In 2022, ACB's revenue was 221.34 million, a decrease of -9.75% compared to the previous year's 245.25 million. Losses were -1.72 billion, 147.2% more than in 2021.
Financial numbers in CAD Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for ACB stock is "Hold." The 12-month stock price forecast is $9.0, which is an increase of 21.95% from the latest price.
News
Weed stocks pop as Biden backs marijuana reclassification
Cannabis stocks are rising after President Joe Biden publicly endorsed the Justice Department's recommendation to loosen restrictions on marijuana, reclassified from a Schedule I to a Schedule III dru...
Card payments remain a ‘challenge' for legal cannabis as major banks avoid the sector. Changing classification won't help.
When Ellis Soodak was planning the launch of Verdi Cannabis dispensary in New York City, he didn't want to face the dangers his father did at the family's liquor store in the 1970s and 80s.
Aurora Cannabis Announces Appointment of New Director
NASDAQ | TSX: ACB Newly created directorship to be filled by Rajesh Uttamchandani EDMONTON, AB, May 15, 2024 /PRNewswire/ - Aurora Cannabis Inc. (the "Company" or "Aurora") (NASDAQ: ACB) (TSX: ACB), ...
Pot Stocks Going Higher In 2024?
How will rescheduling cannabis impact pot stocks? Dan Ahrens expects a domino effect of various federal level reforms to clarify medical and adult use legality.
This Is How Marijuana Stocks Will Be Impacted By Reform In 2024
As the cannabis industry continues its growth in 2024, a confluence of regulatory, demographic, and market trends is shaping the sector. This has presented a fertile ground for savvy investors. Here's...
Aurora Marks First Shipment of Medical Cannabis to the New Zealand Market
NASDAQ | TSX: ACB Canada's Leading Medical Cannabis Company Launches Prem ium Products Redefining Patient Care EDMONTON, AB , May 8, 2024 /PRNewswire/ - Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB) t...
Cannabis stocks settle down after rally on plans to reclassify pot as less dangerous
Canopy Growth Corp. and Tilray Brands Inc. stocks made more modest moves on Wednesday after a huge rally in the previous session on plans by the Biden administration to reclassify pot as less dangerou...
U.S. poised to ease restrictions on marijuana in historic shift, though it'll remain controlled substance
WASHINGTON — The U.S. Drug Enforcement Administration will move to reclassify marijuana as a less dangerous drug, the Associated Press has learned, a historic shift to generations of American drug pol...
US plans to reclassify cannabis as less dangerous drug
The US is planning to reclassify cannabis as a less dangerous drug in an historic shift that could have a significant impact across the country.
Pot Stocks Rally as DEA Moves to Reclassify Marijuana as Less Dangerous Drug
Pot stocks rally as the DEA moves to reclassify marijuana as a less dangerous drug. Renita Young discusses this as the DEA's proposal needs to be reviewed by the White House Office of Management and B...
Cannabis Stocks Spike Following Reports Marijuana Will Be Reclassified As Less Dangerous Drug
Cannabis company stocks skyrocketed Tuesday following multiple reports marijuana will be reclassified to a less dangerous drug schedule, which could broaden the substance's medical usage and cut down ...
US drug enforcers to ease restrictions on cannabis, AP reports
The U.S. Drug Enforcement Administration will move to reclassify marijuana as a less dangerous drug, the Associated Press reported on Tuesday, citing five people familiar with the matter.
Aurora Improves Offerings in Australia with New Range of Premium Dried Flower Products
NASDAQ | TSX: ACB Canada's Leading Medical Cannabis Company and MedReleaf Australia Launch Innovative Product to Offer Greater Choice for Patients EDMONTON, AB , April 30, 2024 /PRNewswire/ - Aurora C...
Top Canadian Cannabis Contenders: Stocks to Watch Before May 2024
The global cannabis industry and top marijuana stocks are poised for significant growth, driven by increasing legalization and medical use. Furthermore, experts predict a compound annual growth rate o...
April 2024's Hot Picks: Top Canadian Cannabis Stocks To Watch Now
As we move into mid-April 2024, Canadian marijuana stocks are capturing the attention of investors, given the ongoing developments and shifts in the global cannabis market. Stocks like Tilray, Canopy ...
International Star Inc. Appoints Todd Masse as New CEO
DOVER, DE / ACCESSWIRE / April 10, 2024 / International Star, Inc. (OTC PINK:ILST) (the "Company" or "ILST") is pleased to announce the appointment of Todd Masse as its new Chief Executive Officer eff...
Weed Stocks Are in the Green Again
From last summer's low, the Pure US Cannabis ETF has doubled, to a recent $10.25.
Here's why Tilray, SNDL, Cronos, and Aurora Cannabis are flying
Cannabis stocks are getting supercharged this year, with most of them beating the blue-chip indices like the S&P 500, Nasdaq 100, and the Dow Jones. Tilray Brands (TLRY) stock price soared by over 18%...
Aurora Cannabis stock extends rally as industry executive becomes C3 president
Aurora Cannabis Inc (TSE: ACB) is up another 35% on Wednesday after an industry executive became president of the Cannabis Council of Canada. What does it mean for $ACB?
Aurora leads gains for Canadian cannabis stocks after pot trade group beefs up ranks with industry exec
Aurora Cannabis Inc. led gains among Canadian cannabis stocks on Wednesday after an industry executive was named president of the Cannabis Council of Canada trade group.
Cannabis Stocks on the Rise After Approval on Florida Ballot
Cannabis stocks rally as Florida Supreme Court approves the legalization proposal for ballot. Aurora (ACB) is up over 20% today.
The Big Problem for Marijuana Companies? What to Do With All That Cash
Few banks will work with cannabis upstarts—but some lawmakers hope to change that this year.
Aurora Cannabis Commends Germany's Landmark Legalization Achievement
NASDAQ | TSX: ACB The Expected De-scheduling of Cannabis to Fuel Expansion of the Medical Cannabis Market in Germany EDMONTON, AB , April 1, 2024 /PRNewswire/ -- Aurora Cannabis Inc. (NASDAQ: ACB) (TS...
Tilray and Aurora Cannabis stocks are flying but it's risky to buy
Cannabis stocks are surging, helped by positive regulatory steps in the United States. Tilray Brands (NASDAQ: TLRY) stock jumped to $2.4 in the pre-market, its highest level since January 9th of this ...