Most Canadian licensed producers are likely sitting on underutilized or unused assets that they won't be able to move.

Shares of Aurora Cannabis (NYSE: ACB) sank 6.6% on Friday after analysts at Jefferies downgraded the popular marijuana stock. Jefferies lowered its rating on Aurora's stock from hold to underperform. The investment bank says the recent surge in Aurora's share price is too much, too fast.

The San Antonio Spurs reportedly have an eye on Real Madrid's Facundo Campazzo, a point guard from Argentina.

Ladenburg Thalmann's analyst says yes.

Last week's big cannabis company news was a throwback to the good old days of 2018 or so, with Aurora Cannabis (NYSE: ACB) signing on the dotted line for a buyout. Canada-based Aurora is reaching across the border for that acquisition. It announced it has agreed to buy U.S. hemp-derived cannabidiol (CBD) products maker Reliva in a deal for roughly $40 million in Aurora common stock, plus up to $45 million over the next two years in cash, stock, or a combination of the two if Reliva meets specific financial goals.

CALGARY , May 25, 2020 /CNW/ - High Tide Inc. ("High Tide" or the "Company") (HITI.CN) (HITIF) (2LY.F), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of cannabis lifestyle accessories, is pleased to announce that the Canna Cabana retail cannabis store located in Unit #2 at 2400 Guelph Line in Burlington, Ontario (the "Burlington Store") will be opening on Wednesday, May 27, 2020 . It marks the sixth branded Canna Cabana location in Ontario and the Company's 35th retail cannabis store across Canada .

Several of the largest cannabis companies are set to report earnings this week, with Tilray Inc. and GW Pharmaceuticals PLC kicking off the proceedings and the struggling-for-cash Aurora Cannabis Inc. batting cleanup.

Top-10 NBA draft prospect Killian Hayes won't play in a season-capping tournament the German league plans to hold in June, a source says.

The company's revenue was an improvement from the previous quarter, but Aurora still posted a loss.

The surface of severe acute respiratory syndrome–coronavirus 2 (SARS-CoV-2) is decorated with trimeric spikes that bind to host cell receptors. These spikes also elicit an antibody response, so understanding antibody recognition may aid in vaccine design. Yua…

NICE earnings call for the period ending March 31, 2020.

Despite numerous championships in Europe, a Rookie Of the Year award, and a statline that was inches away from being a 30-point triple-double average, Dallas Mavericks star Luka Doncic remains a player who apparently still needs to prove himself.

U.S. stock-index futures indicate modest losses at the start of Thursday trade as investors brace for a fresh round of corporate results and economic reports, including weekly jobless claims.

A Familiar Foe Awakens

Aurora Cannabis enters the U.S. CBD market with the acquisition of Reliva.The CBD market remains highly competitive and Reliva doesn't compete in the food supplement sector with the most upside.Aurora Cannabis has tripled off the $5.30 lows.The stock already …

Aurora Cannabis's (NYSE: ACB) stock has been wildly fluctuating since the release of its better-than-expected Q3 earnings report May 14 in which the company acknowledged $53.8 million in sales. First, Aurora's stock had an unusually strong day, surging upwards of 70% on Monday. Aurora may soon try to frame its favorable Q3 earnings as a hard-fought success in a market environment where wins are hard to come by.

The courtship between Aurora Cannabis Inc. and Reliva began, as many such romances do, at a gathering of industry bigwigs and bankers. It was not quite love at first sight.

An FIR has been registered against Gupta under sections 7 and 8 of the Prevention of Corruption Act at the vigilance and ACB police station in Shimla.

As a result, many investors are increasingly looking for stability in a volatile stock market. One cannabis company that has been making a lot of noise over the past couple of weeks or so is none other than Aurora Cannabis (NYSE: ACB). Aurora posted a string of poor financial performances last year and earlier in 2020.

Jefferies analyst Owen Bennett downgraded marijuana stock Aurora to Underperform, saying it faces headwinds. Aurora shares had recently nearly tripled.

Canada's recreation cannabis sales grew by 19% in March to reach CA$181.1 million ($131.5 million), ahead of most U.S. states, according to Cantor Fitzgerald.Analyst Pablo Zuanic said that Canada's March sales data was significantly ahead of Cantor's mid-single digit estimate, partly due to pantry loading, but also on account of continued Cannabis 2.0 rollouts.Ratings And Price Targets Cantor analyst Pablo Zuanic maintained the following ratings and price targets on cannabis stocks:Overweight * Aurora Cannabis Inc. (NYSE: ACB) with a CA$27 price target. * Aphria Inc. (NYSE: APHA) with a CA$9.55 price target. * OrganiGram Holdings Inc (NASDAQ: OGI) with a price target of CA$5.60. Neutral * Canopy Growth Corp (NYSE: CGC) with a price target of CA$25. * Tilray Inc (NASDAQ: TLRY) with a price target of $8. Underweight * Hexo Corp (NYSE: HEXO) with a price target of CA$0.72.Cantor's Cannabis Takeaways Comparing Canada's 17th month of recreational cannabis sales with Colorado's figures indicates that the country's market may grow to CA$14 billion by the end of 2024, Zuanic said in the industry note.So far, the best performers in the first quarter are Aphria, with 53% sales growth, and Aurora Cannabis and Tilray, with sales growth in the mid-20% range, the analyst said.Canopy Growth is scheduled to report its March quarter results Friday.Zuanic named Aphria and Aurora Cannabis as top picks.Related Links: Canopy Growth Set To Become Cannabis Sector Leader, Says BofAThe Week In Cannabis: A Great Week For Stocks Driven By Confusion, Aurora's Rally, New Advisors To BenzingaCourtesy photo * Analista: Aphria y Aurora Cannabis Posicionados para Liderar Ventas en CanadaLatest Ratings for APHA DateFirmActionFromTo May 2020Cantor FitzgeraldMaintainsOverweight May 2020Cantor FitzgeraldMaintainsOverweight Apr 2020CIBCMaintainsNeutral View More Analyst Ratings for APHA View the Latest Analyst Ratings See more from Benzinga * Cantor Fitzgerald Says Aurora Cannabis Sell-Off Creates Entry Point * Monthly Canadian Cannabis Sales Increased Ahead Of Coronavirus Pandemic(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

While the tone of first-quarter earnings isn’t particularly encouraging, the pace of reports will finally relax in the week ahead, which is reason enough to breathe a sigh of relief.

U.S. DEATHS 64,789... (Top headline, 6th story, link) Related stories:NM governor seals off roads in hard-hit city... Jersey Shore towns try to keep outsiders away... Outbreaks in Rural Areas... Americans Squirming Under Stay-Home Ord…

30-year-old Shafiqullah Shafaq will be banned from all forms of cricket for six years. The Afghanistan wicketkeeper-batsman was found guilty of corruption and trying to get one of his teammates to engage in corruption.

Aurora Cannabis (ACB) announced it has made a big move into the U.S. market via its acquisition of Reliva, LLC, one of the major players in America.The company said the at close the deal will be "immediately accretive to shareholders on an adjusted EBITDA basis."In this article we'll look at some of the strengths the two companies will complement each other with, and what means for the long-term prospects of Aurora.The dealThe two companies have agreed to have Aurora buy up "all of the issued and outstanding membership interests of Reliva."Per terms of the deal, Reliva members will receive about US$40 million of Aurora common shares. The members could receive up to US$45 million in earn-out in Aurora shares, cash, or a combination of the two, if Reliva reaches specific financial targets over the next two years.The deal is scheduled to close in June 2020, subject to normal closing conditions.This aligns nicely with Aurora's goal of reaching adjusted EBITDA profitability in the first fiscal quarter of 2021, with expectations the deal will be accretive to Aurora right away.Why it mattersAurora has been on a hot streak lately because of its surprising revenue beat in the last quarter, and while it was coming down to earth after the initial response from investors that drove its share price up, it has rebounded again on this positive news.What the deal adds to Aurora is it opens up the door to the U.S. hemp-derived CBD market. At this time Reliva sells its CBD brands in over 20,000 retail locations spread across the U.S.Also, as of March 2019, Reliva has generated positive EBITDA over the prior 12 months. Reliva is debt free as well. As of now, there is no need to provide working capital or any additional capital expenditures to Reliva. That also aligns well with the company's strategy of lowering costs and expenditures going forward.The company also gets packaged goods veteran Miguel Martin, who was named president of Aurora USA.Last but not least, Reliva has a solid record of successfully navigating the regulatory waters of the U.S. CBD market, and has been able to produce products and brands that are compliant with required standards.Leveraging the potentialReliva is the top ranked U.S. company in topicals, and is second in total market share in the U.S., according to IRI. Along with its 20,000-plus locations in the U.S. market, it also sells direct through its e-commerce platform.While that potential is obvious, where it really stands out is in the international presence of Aurora, where it has the largest footprint of all the cannabis producers in the world. Being able to leverage Reliva's CBD products across those various markets should quickly boost international sales, adding to the significant revenue Revila will bring in through existing sales.My view is that the criticism over Aurora's seemingly slow move into the U.S. market was excessive, as I've written a number of times, the company knew this was a huge decision, and now that we know the positive impact it'll have on the performance of Aurora, it's readily apparent the time it took to research and secure the deal warranted the time it took to do so. Almost everything associated with the deal aligns with the strategy being deployed by Aurora to generate long-term revenue and earnings.Combining the U.S. distributorship network of Reliva with the international distributorship network of Aurora, is a potent combination that is going to be difficult to compete against once it ramps up.ConclusionIt has been a while since positive sentiment has been associated with Aurora Cannabis, but with the results of its recent earnings report and the latest acquisition of U.S. CBD giant Reliva, it's clear Aurora has turned the corner and has little to stop it from sustainable growth going forward.That said, it still needs to be understood that some of the segments Aurora competes in will experience incremental growth. Even so, the inclusion of Reliva in its results in the second half of calendar 2020 and calendar full-year 2021 is going to result in a much different, and improved performance for the cannabis giant.Bottom line is Aurora Cannabis made a great acquisition here, and it will quickly improve its numbers in the near and long term.To find good ideas for cannabis stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.Read more: * 3 “Strong Buy” Penny Stocks That Could See Outsized Gains * 7 “Perfect 10” Stocks to Buy Now * Solid Insider Buying Puts These 3 Stocks in Focus

When the Canadian cannabis producer uses the word "profitable," it doesn't really mean profitable.

Aurora Cannabis Interim CEO Michael Singer and Reliva CEO Miguel Martin join Yahoo Finance’s Zack Guzman to discuss Aurora’s acquisition of Reliva, and more.

On the surface, Thursday seemed like any other session when profit-taking strikes. The S&P 500 and Nasdaq took well-deserved breathers, declining 0.61% and 1.09%, respectively. But if you look closer, you'll see an important theme. While leaders lagged, laggards led. Instead of indiscriminate selling taking everything lower, we saw rotation out of large-caps and into small-cap stocks.This is a bullish omen signaling a broadening of the market recovery. Small-cap stocks have long underperformed. They were hit hardest during March's massacre, ultimately falling 44%. And, they've been the slowest to rise. But not this week! Wall Street's go-to fund for tracking the little guys, the iShares Russell 2000 ETF (NYSEARCA:IWM), is up 7.3% so far on the week. By comparison, the S&P 500 is only up 3%. That's a substantial discrepancy. * 7 Dow Jones Stocks to Buy With Fortress-Like Balance Sheets While some small-caps have yet to crawl out of the dumpster, others are finally breaching resistance and turning their daily trends higher. Here are three of my favorite.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * Bed Bath and Beyond (NASDAQ:BBBY) * Tilray (NASDAQ:TLRY) * SeaWorld Entertainment (NYSE:SEAS)Let's take a closer look at the price levels to watch and how to trade these small-cap stocks moving forward. Small-Cap Stocks to Trade: Bed Bath and Beyond (BBBY)Source: The thinkorswim® platform from TD Ameritrade Brick and mortar retailers have been under siege from Amazon (NASDAQ:AMZN) for years now. Bed Bath and Beyond is a shell of its former self, and the wholesale destruction of its once lofty share price has been hard to watch. The global pandemic only accelerated the downward spiral, ultimately driving BBBY stock to $3.43 before sellers were sated.Since then, however, we've seen a constructive bottoming formation put in. And, it's compelling enough to warrant bullish trade ideas. The price action has taken on the form of both a cup-and-handle and an ascending triangle. Volume patterns have weighed in favor of buyers for the past month. Thursday's 14% moonshot saw over 20 million shares traded, suggesting big buyers were wading in. BBBY stock has now double off the lows and looks primed to take out overhead resistance at $7.If it does, a run to $10 could be in the cards. In case the breakout bid fails, I'd stop out on a push below support at $5.78. Tilray (TLRY)Source: The thinkorswim® platform from TD Ameritrade Pot stocks littered the leaderboard yesterday. Aurora Cannabis (NYSE:ACB) and Cronos Group (NASDAQ:CRON) joined Tilray as the market's biggest gainers. But it's TLRY stock that looks the most attractive. ACB has run too far, and I find the daily 30% moves to be a little too insane for my taste. Meanwhile, Cronos stock is fast approaching multiple resistance zones, so it lacks a low-risk path to profits.But Tilray? It looks good for a trade. Thursday's 20% ramp ushered it to the doorstep of an upside breakout over $10. The last two attempts to breach this level were rejected, but I think this time we'll succeed. The market seems to be favoring small-cap stocks right now, and I like the monster volume accompanying the rally.The chart shows clean air from $10 to $15. There aren't any prior pivots or congestion zones to get in the way of further gains. * 7 Top-Rated Biotech Stocks to Buy on the Hunt for a Vaccine Buy TLRY stock over Thursday's high and place your stop below the 20-day moving average ($7.85). Use $15 as your target. SeaWorld (SEAS)Source: The thinkorswim® platform from TD Ameritrade SeaWorld Entertainment saw its share price utterly destroyed this year for all the reasons you would expect during a pandemic that kept parks shuttered. From peak-to-trough, SEAS stock declined 82%. It honestly looked like it was going to zero. But cooler heads have prevailed over the past two months, and bottom fishers have begun casting lines. The last earnings report was abysmal, but buyers are looking past the large loss to a brighter future where economies reopen, and consumers start taking their kids to hang with Shamu again.On the charting front, SEAS boasts a large ascending triangle pattern that is breaking out this week. Given the speed of March's descent, there isn't any resistance until $21 and then $23. Those are the first two upside targets. A push below the 20-day moving average near $14.40 would invalidate the breakout in SEAS stock, so consider putting your stop loss there.For a free trial to the best trading community on the planet and Tyler's current home, click here! As of this writing, Tyler didn't hold positions in any of the aforementioned securities. More From InvestorPlace * Top Stock Picker Reveals His Next 1,000% Winner * America's Richest ZIP Code Holds Shocking Secret * 1 Under-the-Radar 5G Stock to Buy Now * The 1 Stock All Retirees Must Own The post 3 Small-Cap Stocks to Trade as They Rise From the Ashes appeared first on InvestorPlace.

Apart from the former South African all-rounder, others who would be affected by the pay cut are batting coach HD Ackermann and assistant coach Nawroj Mangal.

U.S. DEATHS: 77,178... (Top headline, 12th story, link) Related stories:RECORD 103,415,000 NOT IN LABOR FORCE... 20.5 MILLION JOBS VANISH IN APRIL... UNDERCOUNTED! 'The government is failing us'... Trump's 2020 Jobs Bet Unravels... …

Aurora Cannabis soars past it's 50-day MA after a revenue beat.Price and potency of its value brand, Daily Special, can compete with the black market.Ontario retail shops continue to rollout, allowing for more demand to be met.

Cannabis stocks and ETFs jumped last week. Here's why.

In Statistics Canada's latest monthly domestic retail sales update, the government's official numbers cruncher revealed that cannabis sales rose by 19% on a month-over-month basis in March to $181 million Canadian (US$130 million). Much of this, it has to be said, is likely due to "stocking up" behavior among cannabis consumers. March is when mandatory business shutdowns necessitated by the the SARS-CoV-2 coronavirus began in many locations, Canada included.

Welcome to the Cannabis Countdown. In This Week's Edition, We Recap and Countdown the Top 10 Marijuana and Psychedelic Stock News Stories for the Week of May 18th - 24th, 2020.Without further ado, let's get started.* Yahoo Finance readers, please click here to view full article.10\. FULLY UPDATED - These 2 Companies Could Be Turning LSD, Magic Mushrooms, Ketamine and MDMA into the Next Blockbuster DrugsInvestors Who Missed the Last Bull Market in Weed Stocks or Got in Too Late Should Start Researching the "Shroom Boom" ImmediatelyEarly cannabis investors and business minds are positioning themselves in the world of Psychedelic Medicine as the flow of smart money hits the market. Canopy Growth (NYSE: CGC) founder Bruce Linton and Billionaire "Mr. Wonderful" Kevin O'Leary from Shark Tank, are going all-in on what they think is a much bigger opportunity than the Cannabis Boom.Backed by popular demand, we have fully updated this article, which we originally published on 03/28/2020 to reflect the many significant developments that have occurred in the Psychedelics space over the past two months. Within a matter of hours, after the original version was released, it quickly went viral becoming our most viewed article off all-time within two days. Because the article is still experiencing very high traffic, we felt it was necessary to fully update it so our readers could have access to the most up to date information possible. In our opinion, the newly updated version is even better than the original so we highly suggest giving it a read if you're interested in learning about Psychedelic Medicine and the top investment opportunities in the sector.READ FULL SHROOM BOOM ARTICLE9\. Cannabis Boom 2.0: Here's Why 'Some Pot Stocks' Are Soaring Like We Haven't Seen Since 2018While the 1.5 Year Cannabis Correction Tested the Nerve of Investors, it Also Exposed the Weak Companies and Similar to the Dot-Com Bubble, Separated the Winners from the LosersCannabis Stocks are back in vogue following a lengthy bear market, which began at the same time Canada legalized adult-use marijuana in October 2018. With many of the losers of the 'Canadian Cannabis Bubble' now gone or close to it, the field has been narrowed down creating a more attractive environment for the winners to flourish and their share prices to continue rising. Check out our full list of winners and losers from the Cannabis Boom 1.0. This list of Pot Stocks will help investors focus their attention on the companies with the highest chance to succeed during the new Cannabis Boom 2.0, which is taking place in the world's largest marijuana market.READ FULL CANNABIS BOOM 2.0 ARTICLE8\. Psychedelic Stocks May Be One of the Most Undervalued Opportunities, Here's How to Play the Thriving New SectorSurging Investor Demand Continues to Be Concentrated into a Limited Number of Psychedelic StocksAs the Psychedelics industry continues to blossom, the current circumstances have created a situation for investors that has enormous potential upside. As more companies attempt to enter the burgeoning space, investors would be wise to focus their investment dollars on the proven sector leaders such as Champignon Brands (OTCQB: SHRMF) and MindMed (OTCQB: MMEDF).READ FULL PSYCHEDELIC STOCKS ARTICLE7\. These 2 Pot Stocks Have the Most Cash to Weather the DownturnCanopy and Cronos Have More Cash on Hand Than Most Other Cannabis Companies, But Are They Buys?Many marijuana companies have little by way of cash on hand to fund their operations, and many of them will have to take on additional debt -- or find ways to reduce their expenses -- to survive. Fortunately, some pot companies have a boatload of cash on their balance sheets. Let's look at two of these companies: Canopy Growth (NYSE: CGC) and Cronos Group (NASDAQ: CRON).READ FULL CANNABIS CASH ARTICLE6\. It's Time to Revisit Psychedelic Drugs That Are Proving Useful for HealthPsychedelic Drugs May Be Banned Around the World at the Moment, But That May Not Be the Case for Much LongerAs we learn more about how useful such treatments can be, it's opening a wide range of opportunities for the proven industry leaders like Champignon Brands (OTCQB: SHRMF) and Mind medicine MindMed (OTC: MMEDF). We're now seeing a wide range of other companies like The Yield Growth Corp. (CSE: BOSS), NewLeaf Brands (CSE: NLB), Pharmadrug Inc. (CSE: BUZZ), Numinus Wellness Inc. (TSXV: NUMI) enter the potential lucrative psychedelics space looking for a piece of the action.READ FULL PSYCHEDELIC MEDICINE ARTICLE5\. Cronos Group Can "Dominate" the American CBD Market: Raymond JamesDespite Ongoing Murkiness in the U.S. CBD Market Stocks Like Cronos Should Get a Boost From Aurora Cannabis' Recent Breakthrough CBD DealThat's according to analyst Rahul Sarugaser from Raymond James who reviewed the current state of affairs in a recent update to clients where he reiterated his "Market Perform 3" rating for Cronos Group (NASDAQ: CRON). Aurora Cannabis (NYSE: ACB) made a splash this week with the purchase of U.S. CBD company Reliva.READ FULL CRONOS GROUP ARTICLE4\. Champignon Brands Sponsors Group Focused on Medical Psilocybin Access Aimed at Palliative Cancer PatientsThe TheraPsil Coalition Will Start in 2020 Seeking Legal Access to Psilocybin for British Columbians With a Palliative Diagnosis and Psychological DistressChampignon Brands (CSE: SHRM) announced they have sponsored TheraPsil, a BC-based non-profit coalition of healthcare professionals, policy-makers and community leaders seeking legal access to psilocybin for British Columbians with a palliative diagnosis and psychological distressREAD FULL CHAMPIGNON BRANDS ARTICLE3\. Trulieve Hits Milestone, Opens 50th -- And Largest -- U.S. DispensaryAccording to Trulieve, the Newly Opened Dispensary is Located in Daytona Beach, Bringing the Company's Total Stores in Florida to 48Trulieve (OTCQX: TCNNF) has cut the ribbon on its latest store, marking its 50th retail location. Located at 812 West International Speedway Boulevard, Trulieve's newest location is one of the company's largest. It spans about 6,000 square feet, and includes about 1,500 square feet of showroom space and 14 selling points.READ FULL TRULIEVE ARTICLE2\. Aurora Cannabis to Enter U.S. Market with Million of Acquisition of CBD Brand RelivaAurora Says it's Entering the U.S. Market by Acquiring Hemp-Based Cannabidiol Company RelivaAurora Cannabis (NYSE: ACB) will acquire all of the issued and outstanding membership interests of Reliva, while Reliva members will receive roughly US$40 million in Aurora's common shares.READ FULL AURORA CANNABIS ARTICLE1\. 3 Stocks to Buy for Psychedelic ProfitsBuy These Psychedelic Stocks to Get in on an Increasingly Popular Trend in HealthcarePsychedelic research is clearly gaining traction, and investors should take note. Here are three top Psychedelic Stocks to buy now: 1. Champignon Brands (OTCQB: SHRMF) 2. MindMed (OTCQB: MMEDF) 3. Revive Therapeutics (OTCPK: RVVTF)READ FULL PSYCHEDELIC STOCKS ARTICLEPhoto by Roberto Valdivia on UnsplashSee more from Benzinga * Cannabis Countdown: Top 10 Marijuana And Psychedelics Industry News Stories Of The Week * Cannabis Countdown: Top 10 Marijuana And Psychedelic Stock News Stories Of The Week * Cannabis Countdown: Top 10 Marijuana And Psychedelics Industry News Stories Of The Week(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Interim chief executive Michael Singer says Aurora is using video meetings and drone tours of facilities, and is willing to hire a new leader without an in-person meeting

ACB earnings call for the period ending March 31, 2020.

According to ACB officers, the accused were trapped while accepting a bribe to clear a truck seized for royalty in sand mining.

The courtship between Aurora Cannabis Inc. and Reliva began, as many such romances do, at a gathering of industry bigwigs and bankers. It was not quite love at first sight.

Aurora Cannabis (NYSE: ACB) stock has skyrocketed by a triple-digit percentage in recent days after the Canadian cannabis producer reported better-than-expected fiscal 2020 third-quarter results. You might think that after this huge gain, Aurora is outperforming rival Cronos Group (NASDAQ: CRON), which posted Q1 results earlier this month that were below expectations. Which of these two marijuana stocks is the better pick going forward?

Canadian cannabis company Tilray's (NASDAQ: TLRY) CEO believes that at least 12 marijuana companies will go under this year. In March, Tilray announced that it would be raising $90.4 million through an offering, largely because the company still could. CEO Brendan Kennedy told BNN Bloomberg that he "wasn't sure anyone was going to be able to raise any money in this industry again" and that "when we had the opportunity to strengthen the balance sheet, we did."