AURORA LOST $1.42B IN ONE RECORD QUARTER

Aurora Cannabis, one of Canada’s biggest players, had the ???? worst quarter ever for a cannabis company, losing US$1.42B on $53M in revenue Q2. The company has lost $2.47B on the year. 
Business Insider

• The stock ended the week trading at $5.05, its lowest point since August 2016.
• A Seeking Alpha analyst says the company is heading for “zombification.”
• The company’s recovery plan is to bet big on premium brands.
  BNN Bloomberg

In other Canadian corporate news:

• Several players, including Aurora, are ???? moving into the Israeli MED market.
  Business Insider
• Canopy Growth amended its proposal to acquire U.S. MSO Acreage Holdings once the law permits.
  Pot Network
• MJBiz suggests Canadian companies’ missteps offer insights for those set on global expansion.