Marijuana Investors: 2 Powerful Trends to Track in 2020

The marijuana boom was supposed to happen last year. Investors expected the likes of Canopy Growth, Aphria, and Aurora Cannabis (TSX:ACB)(NYSE:ACB) to reach stratospheric heights in prosperity. Instead, the legal marijuana sector faced an enormously challenging year. Canadian investors saw both big and small names in the industry struggle. The three major cannabis producers tanked to devastating lows after climbing to…

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Aurora Cannabis’s (TSX:ACB) Stock Price Underperforms CannTrust Holdings’s (TSX:TRST)

After a heavy beating in 2019, when cannabis firms’ shares fell 80% from their peak valuation to less than $2.80 at year-end, Aurora Cannabis’s (TSX:ACB)(NYSE:ACB) stock price hasn’t performed any better so far in 2020. Some investors may wish they had invested in an embattled CannTrust Holdings (TSX:TRST)(NYSE:CTST) in January this year instead. During the first 20 days of 2020,…

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Aurora (TSX:ACB) Stock Has a Measly $1.30 Price Target for 2020

It is no secret that 2019 was a horrible year for investors who put their faith in the legal marijuana industry. Cannabis stocks were decimated last year with massive sell-offs after disappointing performances across the board. Shares of the cannabis giant Aurora Cannabis (TSX:ACB)(NYSE:ACB) have declined by more than 83% since March 2019. Cannabis producers in Canada are struggling with…

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Why Did Aurora Cannabis (TSX:ACB) Stock Lose $12 Billion in Value?

Aurora Cannabis (TSX:ACB)(NYSE:ACB) was once the hottest cannabis stock in the world. In 2016, shares tripled. In 2017, they quadrupled. In 2018, the stock hit a high of $14, when just a few years prior, it was valued at $0.50. Last year, everything changed. The bear market of 2019 may ultimately go down as one of the most painful periods in…

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The $3.1-Billion-Dollar Time Bomb That Could Sink Aurora Cannabis (TSX:ACB) Stock!

Aurora Cannabis Inc (TSX:ACB)(NYSE:ACB) was one of the worst-performing cannabis stocks of 2019. Starting off the year at $7.02, it fell to $2.50 by year’s end–a stunning 64% decline. All cannabis stocks did poorly in 2019, but ACB was one of the worst of the bunch thanks to its massive losses and hiccups in its European operations. In 2020, the company…

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Why Aurora Cannabis’ (TSX:ACB) Stock Price Could Double in 2020

The last year was nothing short of catastrophic for the Cannabis industry. In a year that saw the S&P/TSX Composite Index post its best year since 2009, the Canadian Marijuana Index had its worst year on record. In 2019, the Canadian Marijuana Index lost approximately 55% of its value. After a couple of bullish years — 2016 and 2017 —…

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Why Aurora Cannabis’s (ACB) Stock Price Fell 16% in December

Cannabis stocks like Aurora Cannabis (TSX:ACB)(NYSE:ACB) had their heads handed to them in December once again, as the downward spiral continues.  When a bubble bursts, it falls hard, and Aurora Cannabis’s stock price is a prime example of this. Down 16% in December, 65% in the last year, and 81% from its highs, Aurora Cannabis stock still carries too much risk…

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Better Buy for 2020: Canopy Growth (TSX:WEED) vs. Aurora Cannabis (TSX:ACB) Stock

The year 2019 has been one of the worst that investors in Canadian marijuana stocks have seen in the industry’s entire history, as both big and small names tumbled to record new multi-period lows, but contrarian bets could be flocking into this space early in 2020 to scoop some rich pickings right at the bottom, and the big pot names…

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Why This Pot Stock Could Be a Better Buy in 2020 Than Aurora Cannabis

Cannabis investors have the opportunity to start fresh in 2020 with many pot stocks trading at reduced valuations. Aurora Cannabis Inc (TSX:ACB)(NYSE:ACB), for instance, has lost more than 60% of its value since the start of the year; as well, things may not get a whole lot better for the stock in the coming year. There’s a lot of pressure on the…

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Down 60% in 3 Months, Is Aurora Cannabis (TSX:ACB) a Buy?

Top Canadian cannabis stocks have received a beating in the second half of 2019. This is doubly concerning when we consider that the S&P/TSX Composite Index has soared to record highs this year. The cannabis sector has seen its share of disappointments since recreational use was legalized in October 2018. Today, I want to look at one of the biggest…

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