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All About Cannabis companies: How the pot bubble burst - Fortune


<h1 style="clear:both" id="content-section-0">Weed stocks are hitting new highs after Biden win - TechCrunch - An Overview<br><img width="380" src="https://www.usnews.com/dims4/USNEWS/fbb878f/2147483647/thumbnail/640x420/quality/85/?url=http:%2F%2Fmedia.beam.usnews.com%2F3c%2Fa3b17c0ebd93c8ec3391ff7165617c%2Fmedia:eaef02252ecc48d6a5e213100851c36bLegalizing_Marijuana_92758.jpg"><br></h1>
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<p class="p__0">Aurora has quite the awful quarterly bottom line streak going, and has actually managed to leave a nine-digit shortage (in Canadian dollar terms) only once in the past 5 quarters. ACB Earnings (Quarterly) data by YCharts It doesn't help that the formerly free-spending company overpaid significantly for certain possessions as it was trying to scale up, and is now strained with hundreds of countless dollars of goodwill on its books.</p>
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<p class="p__1">Rival, as soon as a big investor hope following the big-ticket acquisition of Aphria that closed last May, likewise has an extending net loss streak. has at least posted one rewarding quarter over the past year-plus, however that's really very little to compose home about-- especially if we take a look at the more consistent success of picked U.S.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://born2invest.com/wp-content/uploads/2018/01/Cannabis-investing-news-is-this-the-marijuana-stock-to-own-in-2018-2.jpg" alt="MO: 3 Cannabis Stocks that Pay Dividends"><span style="display:none" itemprop="caption">News Archives - Cannabis Stock Trades</span>
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<h1 style="clear:both" id="content-section-1">Excitement About Reddit effect takes cannabis stocks on a wild ride - Financial<br></h1>
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<p class="p__2">A hazy future at finest It's informing that in its newest quarterly earnings report, Aurora led off by touting its "change plan." This is its continuous effort to cut expenses through measures like center closures and worker layoffs. Its current aim is to reach favorable adjusted revenues prior to interest, taxes, devaluation, and amortization (EBITDA) by the very first half of 2023.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://cdn-ajbfd.nitrocdn.com/ZXgIVqOGUwsqSucwmqhBoaWFpLfZbaHo/assets/static/optimized/rev-603ee58/wp-content/images/2019/05/Marijuana-Stocks.png" alt="The Top 3 Marijuana Stocks to Buy in 2021 - The Motley Fool"><span style="display:none" itemprop="caption">Pot Stock News - Latest Marijuana Stock &amp; Cannabis Stock News</span>
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<p class="p__3">First, if a business is leading off an earnings report by talking about the apparent efficiency of its cost-cutting effort, it probably has little else to cheer about. Second, You Can Try This Source is a fairly low objective offered the regular web profitability of a terrific lots of Canadian and U.S. publicly traded business.</p>
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<h2 style="clear:both" id="content-section-2">How Rotherham MP Sarah Champion says town in fear of cannabis can Save You Time, Stress, and Money.<br></h2>
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<p class="p__4">Yes, it's been trimming the changed EBITDA loss, but it was still deep in the red in 2021, at more than 114 million Canadian dollars ($90 million). On the other hand, there's no reason to think that ratings of competitors will either consolidate, or leave of the over-served Canadian market. Nor are the country's customers most likely to move far from the lower-margin leisure products they seem to favor.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://i.cbc.ca/1.4882503.1569515303!/cpImage/httpImage/image.jpg_gen/derivatives/16x9_780/cannabis-border-20181024.jpg" alt="Weekly Cannabis Stock News: Canopy Growth Saves the Marijuana Industry - The Motley Fool"><span style="display:none" itemprop="caption">Best Marijuana Stocks to Buy in 2021 - LearnBonds.com</span>
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<p class="p__5">federal law that would enable pot imports, or an abrupt surge in medical marijuana legalization in other places abroad, are both pipe dreams in the meantime. I do not know if Aurora stock is necessarily going to crash in 2022. But offered its existing, extremely undesirable characteristics integrated with the state of the pot market in The United States and Canada and abroad, I 'd put my money on it continuing to head south instead of wafting greater in cost.</p>
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