ACB / Aurora Cannabis selling stock to pay down debt

Cannabis companies are preparing to release their 2023 third-quarter earnings. If companies can show positive results we may see one final rebound bef more_horizontal

As November 2023 draws near, the Canadian marijuana market and top marijuana stocks are again in the news, with several leading stocks grabbing analys more_horizontal

The cannabis industry has continued to flourish even with all the happening in the sector. Just in the U.S. alone, there are over 30 legal states all more_horizontal

Cannabis companies in Canada have been struggling to gain market share. Competition is fierce, and growth rates have deteriorated significantly in rec more_horizontal

Marijuana stock investors are keeping their eyes open for a chance to take profits. For some time the level of volatile trading has made it tough to d more_horizontal

Aurora Cannabis recently shuttered its U.S. subsidiary. It's making good headway against its debt load. more_horizontal

Aurora Cannabis is raising enough money to pay down the balance of some existing debt. The shares are being sold at a big discount to yesterday's clos more_horizontal

The cannabis industry is still experiencing hard times. Canopy Growth's strategic transition isn't leading to lower expenses. more_horizontal