• Aurora Cannabis is buying an organic medical marijuana company in the latest pot M&A tie-up

    7 monthes ago - By Business Insider

    Aurora Cannabis announced its intention to acquire the organic marijuana producer Whistler Medical Marijuana Corporation on Monday.
    The all-stock deal is valued at up to $132 million .
    Analysts say the deal gives Aurora a leg-up on branding power, as advertising is heavily restricted in the Canadian marijuana industry.
    Aurora Cannabis on Monday said it's acquiring Whistler Medical Marijuana Corporation, an organic cultivator based in Whistler, British Columbia, in an all-stock deal worth up to $132 million .
    The deal follows a string of high-profile acquisitions Aurora made in building out...
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  • Apple Needs to Acquire Content in 2019-Or Else, Analyst Says

    Apple Needs to Acquire Content in 2019-Or Else, Analyst Says

    7 monthes ago - By Fortune

    Apple will need to acquire content providers in 2019 or face the possibility of losing steam in its Services division, according to one analyst.
    In a note to investors on Monday, Wedbush analyst Daniel Ives said that “the clock has struck midnight for Apple” and its Services division. He believes the only way for Apple to grow the Services division quickly enough and keep pace with competitors, like Disney , Netflix , and Amazon , is through an aggressive content-acquisition strategy.
    “Building content organically is a slow and arduous path, which highlights the clear need for Apple to do...
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  • Morgan Stanley predicts when Netflix will stop burning money and start generating billions in positive free cash flow

    Morgan Stanley predicts when Netflix will stop burning money and start generating billions in positive free cash flow

    7 monthes ago - By Business Insider

    Netflix's negative free cash flow, which reached a high of $3 billion in 2018, has been one of the few sources of worry for Wall Street analysts and investors.
    Netflix has said it needs negative free cash flow to fund its increased investment in original TV shows and movies, but it's hard to assess the value of that content over their lifetime, making it difficult to project the company's financial future.
    But Morgan Stanley sees signs that Netflix's financials are on the right track and predicts the streaming giant will become free cash flow positive in 2021 and reach over $10 billion in...
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