Why Aurora Cannabis Stock Plunged Today


Multiple factors could weigh on marijuana sales and make it harder for Aurora to achieve near-term profitability. What happened Shares of Aurora Cannabis (NYSE:ACB) sank more than 12% on Tuesday, following a worrisome earnings release from a rival marijuana producer. So what Pot company Tilray (NASDAQ:TLRY) reported first-quarter losses that were far larger than Wall Street’s forecasts. Revenue climbed 126% year over year to $52.1 million, driven by a 165% rise in adult-use cannabis sales…


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