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Aurora Cannabis Says It's Close to Profitability. Should Investors Believe It?

·4 min read
Aurora Cannabis Says It's Close to Profitability. Should Investors Believe It?
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Cannabis producer Aurora Cannabis (NASDAQ: ACB) reported its fourth-quarter results in September. While the numbers weren't all that surprising -- sales were lackluster and the business remains unprofitable -- the one thing that stood out was the company's claim that it is again on track to post a profit.