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The legalization of recreational pot in Mexico has been all over the financial news lately, as it'll not only become the third nation in the world to legalize recreational pot, but easily the largest as well. It's following in the footsteps of Canada and Uruguay.While Mexico is working out the details of the legalization of the recreational pot market, it's largely a formality as to it being approved, with the final draft of the law to be decided in the near future.In this article we'll look at what this means for Aurora Cannabis (ACB \- See Price Targets) in the near and long term, and how it will probably play out.Aurora Cannabis already has a foothold in MexicoOf the major cannabis companies, only Aurora Cannabis has a foothold in Mexico. It gained that through its 2018 acquisition of Farmacias Magistrales S.A. With that acquisition Aurora received access to over 500 hospitals...
IAC/InterActiveCorp reported third-quarter revenue on Wednesday that edged past analysts' estimates, driven by strong growth across all its businesses, including Tinder-owner Match Group and ANGI Homeservices. Match Group, which contributes nearly half of IAC's revenue, reported 22% rise in quarterly revenue while ANGI Homeservices, formed by merging IAC's HomeAdvisor and consumer review platform Angie's List, reported a rise of 18%, from a year earlier. Earlier in October, IAC said it intends to spin off its ownership stake in Match Group resulting in the full separation of the two companies....
