Top 5 Cannabis Stocks To Buy Now

4. Aurora Cannabis Inc (NYSE:ACB)

In Aurora Cannabis Inc (NYSE:ACB), 10 investors from our database disclosed long positions as of the end of September, unchanged over the quarter. However, the aggregate value of their holdings slid to $9.22 million from $42.33 million.

Beside the fact that some investors unloaded their positions over the course of the third quarter, the drop in total value of funds holdings can also be attributed to a 62% drop the stock registered between July and September. To address its financial issues, Aurora Cannabis Inc (NYSE:ACB) has embarked on a restructuring in June. The company planned cuts in SG&A and production staff. It also announced changes at production facilities in Canada, as it plans to scale down most if its production to better align with demand.

On the other hand, Aurora Cannabis Inc (NYSE:ACB) planned to increase production at its Nordic facility in Europe to supply the European market, but also said it would close some offices and reduce the number of employees on the Continent.

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