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During the last year, we have consistently covered how research analysts at broker-dealers have been lowering price targets and ratings on Canadian Licensed Producers (LPs).  These changes have been primarily related to lowering sales expectations, shirking profit margins, and rising net losses. In the near future, we do not expect…

After the market closes today, Aurora Cannabis Inc. (TSX: ACB) (Nasdaq: ACB) will report second quarter financial results and we expect the market to dissect the numbers that are released.  Yesterday, Canopy Growth Corporation (TSX: WEED) (Nasdaq: CGC) traded almost 15% higher after releasing third quarter financial results and we…

During the last year, leading Canadian broker-dealers have been downgrading Canadian Licensed Producers’ (LPs) rating on average. The banks have also been lowering price targets for Canadian LPs and we consider this to be a bearish indicator.  Although we continue to hope to see a change in trend with rating…

So far, 2022 is already proving to be a volatile year for the global economy and we are not even through the first month. From rising interest rates to surging COVID cases, we expect the market to continue to trade in a volatile way.  Although we are concerned with the…

Although recreational cannabis has been legal in Canada for three years, the market continues to face challenges.  Municipal bans on cannabis brick-and-mortar retailers in Canadian provinces have slowed down the growth of the industry by forcing consumers to drive long distances to municipalities that have a large number of cannabis…

A few years ago, Israel overtook Germany as the world’s largest cannabis importer and this is a market that we have been bullish on.  A core pillar of our bullish view on Israel’s cannabis market is related to how the climate is ideal for cultivating cannabis. When compared to Canada…

Aurora Cannabis Inc. (the "Company" or "Aurora") (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, announced today the appointment of Chitwant Kohli to the Company's Board of Directors (the "Board"), effective today. This is a newly added position that expands the Board to nine members,…

Next month, Aurora Cannabis Inc. (TSX: ACB) (Nasdaq: ACB) will release fourth quarter financial results and we expect the market to be highly focused on the numbers that are reported and any forward looking guidance from the management team. In the prior quarter, the Canadian Licensed Producer reported positive earnings…

Aurora Cannabis Inc. (the "Company" or "Aurora") (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, is pleased to acknowledge the Company's increased ranking in The Globe and Mail's 2021 annual Report on Business review of Corporate Boards, known as Board Games. As recognized in the 2021 Board…

Leading Canadian Licensed Producers (LPs) were a bright spot of the cannabis industry after the SAFE Banking Act was not included in the amended version of the National Defense Authorization Act (NDAA).  On Tuesday, Canopy Growth Corporation (TSX: WEED) (Nasdaq: CGC) traded approx. 5% higher after Wells Fargo & Company…