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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
Post by truestar2on Nov 27, 2016 4:10pm
281 Views
Post# 25519241

MJ a better bet than Oil

MJ a better bet than OilSome of you, like me may be holding some oil stocks with hopes of an OPEC cut on Wednesday.  I know if there is my money will be coming off the table within a short period of time as the upside is limited to 20-30% as US Shale Gas will flood the market if Oil exceeds $60 which is highly unlikely due to the current surplus and for that exact reason.  If OPEC does not cut I will be looking to trim or sell my position also as the wait will be months before oil hits $45 again.  Good MJ companies like ACB may be volatile but the trend is upwards and likely 2-3X over the next 1-2 years.  Best case scenario, OPEC cuts, oil pops, stocks are sold and more money is available for MJ.  Or, trim oil stocks before Wednesday if you do not think OPEC will cut.  I personally think they have to but I was wrong 2 years ago and it cost me a bundle.
Bullboard Posts