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Is Aurora Cannabis Stock a Buy?

Is Aurora Cannabis Stock a Buy?

Stocks in the cannabis sector have been on a wild ride since Canada legalized recreational marijuana use in October 2018. For those companies, a great deal hangs on the question of whether the U.S. will legalize marijuana at the federal level, and if so, when. Aurora Cannabis (NYSE: ACB) has been a popular stock with retail investors, but the direction it's taken has not led to profitability, and it's now in the midst of a major course correction.