Why Aurora Cannabis Stock Rocketed Higher in November

MMP News AuthorDecember 6, 2020
What happened Canadian-licensed marijuana producer Aurora Cannabis (NYSE:ACB) had a month for the record books in November. The pot company’s stock rose by a whopping 188% over the course of the month, according to data from S&P Global Market Intelligence. The spark? Aurora’s shares took flight for two reasons: Joe ... Read More

Cannabis Stocks: Why CGC, TLRY and ACB Stock Are Moving Today

MMP News AuthorDecember 6, 2020
Lawmakers are looking to make things a little greener in the United States, but cannabis stocks are not all taking the bait. Today, the House of Representatives voted to pass the Marijuana Opportunity Reinvestment and Expungement (MORE) Act. As a result, Canopy Growth (NASDAQ:CGC), Tilray (NASDAQ:TLRY) and Aurora Cannabis (NYSE:ACB) ... Read More

Will Aurora Cannabis Stock Go to $0?

MMP News AuthorDecember 4, 2020
It’s easy to be down on a stock like Aurora Cannabis (NYSE:ACB). The stock has fallen more than 60% in the past 12 months, while the S&P 500 is up 18% over the same period. The company continues to issue more shares, and is struggling to grow and stay out of the ... Read More

1 Marijuana Stock That Could Double Your Money

MMP News AuthorDecember 3, 2020
The coronavirus pandemic has wreaked havoc across the globe, and while some businesses are slowly returning to normal, most sectors have suffered huge losses. Surprisingly, the marijuana sector isn’t one of them. The pandemic increased demand for both medical and recreational cannabis, and marijuana was declared an “essential item” during ... Read More

Forget Aurora Cannabis, Cresco Labs Is a Better Marijuana Stock

MMP News AuthorDecember 1, 2020
The popular Canadian marijuana players have always been investors’ favorites: Aurora Cannabis (NYSE:ACB) and Canopy Growth (NASDAQ:CGC) grabbed all the attention after Canada legalized recreational pot in October of 2018. These companies ramped up their production with rising demand in 2019. However, things went haywire when external headwinds caused a supply-and-demand imbalance, ... Read More