Should Aurora Cannabis buy Alcanna?
We take a look at the pros and cons of whether the pot producer should acquire the cannabis retail company. Read the investment research and access a free trial here. Some items we consider: Bootstrapping of earnings, Contrast in valuations, Strategic rationale, Potential limits to market share.
Q: Hello, since the last question you answered on ACB in September, has there been any material changes with Aurora? A stock promoting company highly recommends it - particularly over Weed. What do you see as improvements since last Sept?
Read Answer Asked by David on November 16, 2020
Q: Hi 5i,
1. With ACB’s recent earning release the stock price jumped from $ 8.50 to $10 Following day the stock price dropped and now around $6.50. What’s do you think is going on with share price? Short action?
Would you be a buyer at current price with 1-2 yr horizon. Likelihood further downside from here?
Thx
Jim
Q: Hi 5i,
ACB stock has been in a continued freefall since the reverse split back in May.
With regards to ACB’s upcoming earnings, If they meet current earnings expectations would you expect that to provide some stability to the share price going forward?
Would you consider ACB investable at this point or would you be a seller. As an alternative to ACB what would be your top 3 picks in this space - USA or Canada.
Thx