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TSX Struggles, Aurora Cannabis and Tilray Shares Dip

TSX Struggles, Aurora Cannabis and Tilray Shares Dip

Aurora Cannabis, Cannabis in the News, Tilray

TSX Struggles, Aurora Cannabis and Tilray Shares Dip The Toronto Stock Exchange or TSX, Canada’s main stock index fell on Wednesday, weighed by weakness in health-care and technology shares amid growing fears that aggressive policy tightening by central banks to...
Legal Cannabis Market Continues Rapid Global Growth

Legal Cannabis Market Continues Rapid Global Growth

Aurora Cannabis, Cannabis in the News, Cannabis Market, Cannabis Normalization, Curaleaf, Legalization, Tilray

Legal Cannabis Market Continues Rapid Global Growth The global cannabis market is continuing to grow rapidly thanks to increasing legalization and social adoption across the globe. According to a report by Vantage Market Research, revenue came in at US$12.8 billion in...
Aurora Cannabis (ACB) Repurchases US$20 Million of Convertible Notes

Aurora Cannabis (ACB) Repurchases US$20 Million of Convertible Notes

Aurora Cannabis, Cannabis in the News

Aurora Cannabis (ACB) Repurchases US$20 Million of Convertible Notes Aurora Further Strengthens Balance Sheet with Accretive Debt Reduction Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), the Canadian cannabis company defining the future of cannabinoids worldwide,...
Aurora Cannabis Announces Q3 Results, Continues Cost Cutting

Aurora Cannabis Announces Q3 Results, Continues Cost Cutting

Aurora Cannabis, Cannabis in the News, Financial Results

Aurora Cannabis Announces Q3 Results, Continues Cost Cutting Increasing Original Target for Expense Savings; Management Now Expects $150 to $170 Million in Annualized Cost Savings by H1/2023 versus Stated Target of $60 to $80 Million Reiterating Adjusted EBITDA...
Aurora Cannabis Launches its First Medical CBD Product in Uruguay

Aurora Cannabis Launches its First Medical CBD Product in Uruguay

Aurora Cannabis, Cannabis Market, CBD in the News, CBD Stocks, Extracts, Hemp, Investment Opportunities, marijuana stock, Stock Talk

Aurora Cannabis Launches its First Medical CBD Product in Uruguay Bidiol is the only full-spectrum cannabis oil that is fully produced domestically — EDMONTON, AB – September 29, 2021 – Aurora Cannabis Inc. (NASDAQ | TSX: ACB), the Canadian company defining the...
Aurora Cannabis Announces Fiscal 2021 Fourth Quarter Results

Aurora Cannabis Announces Fiscal 2021 Fourth Quarter Results

Aurora Cannabis, Cannabis in the News, Financial Results, Investment Opportunities, marijuana stock

Aurora Cannabis Announces Fiscal 2021 Fourth Quarter Results #1 Canadian LP in Global Medical Cannabis; Total Medical Cannabis Net Revenue Rose 9% Compared to Prior Year; Strong Adjusted Gross Margin before FVA of 68% Business Transformation Plan on Track; Reiterates...
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Risk of Prosecution for Marijuana-Related Companies.  If you are considering investing in a company that is connected to the marijuana industry, be aware that marijuana-related companies may be at risk of federal, and perhaps state, criminal prosecution.  The Department of Treasury recently issued guidance noting: “ The Controlled Substances Act (“CSA”) makes it illegal under federal law to manufacture, distribute, or dispense marijuana.  Many states impose and enforce similar prohibitions.  Notwithstanding the federal ban, as of the date of this guidance, 20 states and the District of Columbia have legalized certain marijuana-related activity.”

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