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April 25, 2024

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Is it time to buy the dip with Aurora Cannabis (ACB.T)? – Daily Rant with Chris Parry

Canadian cannabis companies are being pummeled, most for good reason, and Aurora Cannabis (ACB.T), like Canopy Growth Corporation, is the poster child for bad business decisions and ethically-free market pumps. Share prices are down more than 99% over the last four years and yet this zombie continues to walk.

Does this mean it is time to buy or should investors let this one cough and die? Equity Guru founder Chris Parry, breaks down the current state of the Canadian legal cannabis sector, its challenges and why investors should give Aurora a wide berth.

Enjoy!

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