Aurora Cannabis Q2 Financial Report
One of the harder marijuana stocks to predict in 2018 was Aurora Cannabis Inc (NYSE:ACB).
Aurora has, for a long while, been among the most intriguing—and at times the most maddening—marijuana companies. Despite all that, ACB stock has surged by 46% since the beginning of 2019. And following the Aurora Cannabis Q2 financial report, I believe it can gain another 50% by year's end.
Net revenue hit CA$54.2 million, up 83% from the last quarter and a whopping 363% from a year before. While those numbers may seem stellar, they weren't all that unexpected; Canadian marijuana legalization helped spark a huge sales boost, as.
The post Aurora Cannabis Stock Is Up 46% to Start the Year; Q2 Report Signals Gains Likely to Continue appeared first on Profit Confidential.
