![]() Trading volume (4.9 M) eclipsed its 50-day average volume of 3.3 M. In February 2020, cofounder and chief executive, Terry Booth, resigned, being replaced by Executive Chairman Michael Singer as interim CEO. closed 2.43 short of its 52-week high (3.10), which the company reached on May 20th. The company began trading on the NYSE on October 23, 2018, using the ticker ACB.Īfter significant expansion in 2018, the company reduced expenses in the second half of 2019 when the Canadian recreational cannabis market had low sales due to excessive inventory and uncompetitive pricing with the black market. The rate of decline for the Aurora Cannabis Inc. Aurora is the second largest cannabis company in the world by market capitalization, after Canopy Growth Corporation. is maintaining strong balance sheet while expanding internationally. ![]() But Aurora Cannabis ( ACB -3.56 ) is leading the way after it plunged as much as 41. It had a funded capacity of over 625,000 kilograms of cannabis production per annum with the bulk of capacity based in Canada and a growing presence in international markets, particularly Denmark and Latin America. Many cannabis-sector stocks are trading down Friday. As of late September 2018, Aurora Cannabis had eight licensed production facilities, five sales licences, and operations in 25 countries. Aurora Cannabis ( ACB 6.02) has long been an underperforming marijuana stock. Our mission is to show you how medical and adult use marijuana can make everyday life. It trades on the Toronto Stock Exchange and Nasdaq as ACB. (NASDAQ: ACB) (TSX: ACB), the Canadian company opening the world to cannabis, today announced the launch of Valour, a new cannabis cultivar designed for veterans, by veterans. Sunnyside is a new kind of dispensary, where cannabis meets wellness. ![]() is a Canadian licensed cannabis producer, headquartered in Edmonton. ![]()
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