The one way that struggling cannabis producer Aurora Cannabis (NYSE: ACB) can turn its fortunes around in a hurry is with a strong earnings report. When Aurora released its second-quarter results on Feb. 13, it reported cash and cash equivalents totaling 156.3 million Canadian dollars as of Dec. 31, 2019. Cash is an important consideration for investors, especially with investment bank Ello Capital projecting that many cannabis companies only had a few months before they would run out of it. Read More...
The one way that struggling cannabis producer Aurora Cannabis (NYSE: ACB) can turn its fortunes around in a hurry is with a strong earnings report. When Aurora released its second-quarter results on Feb. 13, it reported cash and cash equivalents totaling 156.3 million Canadian dollars as of Dec. 31, 2019. Cash is an important consideration for investors, especially with investment bank Ello Capital projecting that many cannabis companies only had a few months before they would run out of it.
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