Recently, popular cannabis players Canopy Growth (NASDAQ: CGC) and Aurora Cannabis (NASDAQ: ACB) reported dismal quarterly results. Aurora Cannabis, in particular, has been unprofitable for quite a while now with declining revenue and ineffective cost management strategies. Let's take a look at this in more detail and determine whether this acquisition will be good for Aurora or if it is just digging its grave deeper. Read More...
Recently, popular cannabis players Canopy Growth (NASDAQ: CGC) and Aurora Cannabis (NASDAQ: ACB) reported dismal quarterly results. Aurora Cannabis, in particular, has been unprofitable for quite a while now with declining revenue and ineffective cost management strategies. Let’s take a look at this in more detail and determine whether this acquisition will be good for Aurora or if it is just digging its grave deeper.
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