• Aurora Cannabis jumps 55 percent thanks to lockdown stockpiling

    Aurora Cannabis jumps 55 percent thanks to lockdown stockpiling

    Aurora Cannabis posted a smaller loss compared with the prior quarter as customers in the US and Canada stockpiled cannabis ahead of lockdowns, sending its US-listed shares up 13 percent after the bell on Thursday. Friday, Aurora Cannabis was trading up 55 percent, to $14.32. The Canadian pot producer sold 12,729 kilograms of cannabis in …
  • Cannabis sales hit new highs in US and Canada

    Cannabis sales hit new highs in US and Canada

    Cannabis sales are touching new highs as customers across the US and Canada stockpile weed to prepare for long spells of isolation because of the coronavirus pandemic. Between March 16 and March 22, sales of recreational cannabis across key US markets, including California, Colorado, Oregon and Alaska, were up 50 percent and medical marijuana sales …