Marijuana Profits vs. Marijuana Growth
It's a very critical time for the marijuana industry. With a good amount of legal markets now open, including Canada and 11 U.S. states, pot companies are faced with an important decision: is now the time for profits or for growth?
One such company, Aurora Cannabis Inc (NYSE:ACB), faced that question recently and gave the wrong answer. Aurora Cannabis stock, as a result, plummeted.
In order to understand what happened to ACB stock, we first have to understand why the profit-or-growth question has come to the fore.
In the past, pot stocks surged in value due to what the companies could provide. There.
Den vollständigen Artikel lesen ...
It's a very critical time for the marijuana industry. With a good amount of legal markets now open, including Canada and 11 U.S. states, pot companies are faced with an important decision: is now the time for profits or for growth?
One such company, Aurora Cannabis Inc (NYSE:ACB), faced that question recently and gave the wrong answer. Aurora Cannabis stock, as a result, plummeted.
In order to understand what happened to ACB stock, we first have to understand why the profit-or-growth question has come to the fore.
In the past, pot stocks surged in value due to what the companies could provide. There.
Den vollständigen Artikel lesen ...