Aurora Cannabis (ACB.TO) After Hitting The High Level At Can$11.08, Stock Swiftly Dropped By 3%

As it may be seen from the chart of Aurora Cannabis show outstanding results until today. From July 7 to July 11, it was volatile with some conversion from Can$10.19 to Can$10.14; we can notice that the stock was stable during those days. On July 12, the stock for a while has surged to Can$11.18, which had progressed, but after it back to Can$10.67.Aurora Cannabis Inc. is ranked 9th of the world’s 15 most valuable marijuana firms. Aurora Cannabis is a major licensed cannabis producer specializing in offering cutting-edge cannabis products to patients and consumers throughout the world. The company’s headquarters are in Edmonton, Alberta, Canada. CanniMed, MedReleaf, and WMMC are among Aurora Cannabis Inc.’s medicinal brands, while Daily Special, Aurora Drift, Whistler, and Altavie are among its marijuana recreational brands.

Aurora Cannabis Inc. grows and produces marijuana at licensed facilities in Edmonton, Alberta, Bradford, Ontario, Pemberton, British Columbia, and Odense, Denmark. Aurora Cannabis Inc. expects its annual marijuana biomass production capacity to be around 150,000 kg. Aurora Cannabis Inc. had a 15.9% rise in net sales year over year last year. The firm had $162.2 million in unrestricted cash on hand as of 2020.

Jack Dawkins

Finance and Tech Contributor

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