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Aurora Cannabis Inc T.ACB

Alternate Symbol(s):  ACB | T.ACB.WS.U

Aurora Cannabis Inc. is a Canada-based medical cannabis company. The Company's principal business lines are focused on the production, distribution, and sale of cannabis related products in Canada and internationally. The Company’s segments include Canadian Cannabis, European Cannabis and Plant Propagation. The Company's adult-use brand portfolio includes Aurora Drift, San Rafael '71, Daily Special, Whistler, Being and Greybeard, as well as CBD brands, Reliva and KG7. Its medical cannabis brands include MedReleaf, CanniMed, Aurora and Whistler Medical Marijuana Co, as well as international brands, Pedanios, Bidiol and CraftPlant. Its cannabis products are primarily cultivated and manufactured in the facilities in Edmonton, Alberta; Bradford Ontario; Pemberton, British Columbia, and Odense, Denmark. The Company is focused on offering its cannabis products to global medical cannabis market, recreational cannabis market and global hemp-derived cannabidiol (CBD) markets.


TSX:ACB - Post by User

Bullboard Posts
Comment by Canuck21Con Aug 15, 2015 11:21am
101 Views
Post# 24021386

RE:Oilcan

RE:Oilcan It seems to me that I see some truth in both your arguments.  First of all, I see the short to mid term risk factor as being quite large at the present moment.  Judging from HCs actions over the past 12 months regarding this ill-conceived and arbitrarily administered MMPR program, I doubt we will see a sell licence any time soon.  The risk increased quite a lot following the first month of no inspection.  Now the election campaign is underway and probably no direction from the political masters to the ministry staff.  If somehow we are granted that licence before the end of September the crop still won't be harvested until January and Q1 revenues info won't be released until the end of April 2016.  This delay may result in a need to raise some operating cash.  If it comes via more debt the small bump in SP to say 50 cents will stay (if we're lucky) like that till next Spring.  But I really like Plan B and that is the Bellingham facility if, of course, the demand is still there from that State.  If the existing facility manages to be up and running this summer as was suggesting in a NR and the new turnkey facility is built by mid-2016 then maybe the problems of the neverending low SP and the looming drying of the well will be solved.  I am hoping that next month's AGM might answer those questions. 
Bullboard Posts