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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 JohnnyNoBrakeson Aug 12, 2016 2:04am
167 Views
Post# 25134340

RE:RE:RE:I'm not sure if I did the right thing, but I did anyways...

RE:RE:RE:I'm not sure if I did the right thing, but I did anyways...I realize that I had a lot of contradictory stuff in my last post.  It was not meant to be perfectly clear as that is how it works.  You are supposed to keep re-evaluating your stocks and if your reason for buying in has changed then you should consider selling.  I have enough shares that I can trade with some and could keep some for life, but 10-15 years from now I might find another steal and decide to move these over.  Like I said, there is always a bull market somewhere and so you need to be somewhat fluid.  But really, if dividends and splits pay for these shares and money keeps flowing in it may be hard to find a reason to sell them.

I am a patient with Aurora, and believe that when legalization comes in the demand will drop the prices.  Since Aurora's cost of production is so low they will destroy their competition...assuming that they can keep a consistent product.  Because of this, the stock is extremely undervalued, and I think that we will see $1 soon enough.  It looks like it really wants to get into the 70's, and it would not surprise me if it blasts right through to 80.  Oil sales, high patient numbers due to their high CBD/THC strains, and the cost of production sets this one apart.
Bullboard Posts