PublicWire | Emerging Market Stock News
  •  Home
  • Technology
  • Medical
  • Energy
  • Cannabis
  • Finance
  • Retail
  • General
  • Podcast
  • Videos
  • Services
  •  Home
  • Technology
  • Medical
  • Energy
  • Cannabis
  • Finance
  • Retail
  • General
  • Podcast
  • Videos
  • Services
No Result
View All Result
PublicWire
No Result
View All Result

Home » Cannabis » Aurora Cannabis Stock is Cowen’s Top Pick

Aurora Cannabis Stock is Cowen’s Top Pick

by PublicWire
April 26, 2019
in Cannabis
Reading Time: 1 min read
0

There was a piece of positive news for cannabis shares this past Tuesday, as most were visibly higher. The standout stock was Aurora Cannabis Inc., whom Cowen selected as its top pick in the cannabis sector. The high performance can be attributed to the growing opportunities in the Canadian market as well as in the international medical market.

Aurora stock observed a 9% increase, coming off the back of being assigned an outperform rating by Cowen. All indicators suggest that the stock will continue to attract positive news due to the company’s large production value totaling close to 575,000 kg of cannabis for both medical and recreational use.

With the projected growth of both the cannabis international medical market, and Canadian recreational and medical markets, it appears there is no stopping the rise of Aurora stock.

Aurora Cannabis is currently present in 23 international markets, with that number expected to rise within the coming years, and this gives it a healthy boost to capture the global market. Cowen projects that Aurora will generate C$305 million in revenue in 2019, increasing to an estimated C$742 million in 2020, and C$ 1.34 billion in 2022.

Tags: Aurora Cannabis Inc.
Previous Post

Big Marijuana Victory in Germany Raises Aurora Cannabis Stock

Next Post

Presto Gets $30M to Launch its Restaurant AI

PublicWire

At PublicWire, we know the vast majority of all investors conduct their due diligence and get their news online in a variety of ways including email, social media, financial websites, text messages, RSS feeds and audio/video podcasts. PublicWire’s financial communications program is uniquely positioned to reach these investors throughout the U.S. and Canada as well as on a global scale.

Related Posts

Photo by GRAS GRÜN on Unsplash
Cannabis

Zenabis returned $1.9 million worth of pot to Sundial over bad quality and visible molds

August 22, 2019
0
Photo by Rick Proctor on Unsplash
Cannabis

Tilray to start exporting medicinal pot to Germany

August 21, 2019
0
Photo by Esteban Lopez on Unsplash
Cannabis

CannTrust stocks fell another 5% after weed distributor returned millions worth of pot

August 20, 2019
0
Photo by Roberto Valdivia on Unsplash
Cannabis

Cannabis stocks fell as possible recession brews

August 14, 2019
0
Cannabis

Aurora Cannabis hovers trade flat amid strong market

August 13, 2019
0
Photo by Get Budding on Unsplash
Cannabis

Health inspectors flagged CannTrust’s non-compliance again, sending stocks down by 26%

August 12, 2019
0
Next Post

Presto Gets $30M to Launch its Restaurant AI

Please login to join discussion

Subscribe To Our Newsletter

Loading
Ad
PublicWire | Emerging Market Stock News 24/7 | Investor Relations US Stock Market

© Copyright 2022 publicwire.com

Navigate Site

  • About
  • Contact Us
  • Disclaimer
  • Watch LIVE
  • Privacy Policy
  • Terms and Services
  • Contributors

Follow Us

No Result
View All Result
  • LIVE Investor News Channel
  • Cannabis
  • Energy
  • Finance
  • General
  • Medical
  • Podcasts
  • Retail
  • Technology
  • Videos

© Copyright 2022 publicwire.com

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.