The hope for a big rebound in the Canadian cannabis market continues to fade towards mid-2020. Aurora Cannabis (ACB) was positioned for a boost from Cannabis 2.0 sales, but the lack of Ontario stores, slow distribution and restrictions by other provinces will put a damper on initial sales. In addition, the global growth story is fading just as fast, delaying any imminent sales gains until mid-year. Lack Of Ontario StoresWith a robust assortment of Cannabis 2.0 products becoming available to consumers on December 17, Aurora Cannabis faces a double whammy as Ontario slowly moves forward with new stores in 2020. …read more
Source:: Yahoo Finance
