Is Aurora Cannabis Finally a Good Buy in June?

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Written by Adam Othman at The Motley Fool Canada

Rises and falls are natural parts of the stock market, and this “dynamic nature” is part of its appeal. However, in most cases, these rises and falls happen within a reasonable range. Stocks losing a quarter, a third, or even half of their values during a period are far more common than stocks losing over 70% or 80% of their values.

But an unfortunate TSX sector has experienced a much more drastic decline, and it has stayed in that slumped state for years. In their current state, cannabis stocks in Canada are beyond the classification of “beaten down,” some more than others. Aurora Cannabis (TSX:ACB) is among the weakest cannabis stocks in Canada and the most heavily discounted in the sector.

Aurora Cannabis performance

In the golden days of the Canadian legal marijuana sector, Aurora Cannabis experienced one of the most glorious growth phases, not just…

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