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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 Feb 08, 2017 5:36pm
514 Views
Post# 25819431

Could be $20 only if they expand to other countries

Could be $20 only if they expand to other countries Some of the math I've read here does not make sense.  Let's say they sell 80 Million Grams per year and earn $3 a gram Net.  That would be 240 Million in Net Income.  This space trades at insane multiples of Price Earnings, but let's say they trade at the TSX average of 15X earnings, then they would be valued at 3.6 Billion.  Divide that by 330 Million shares outstanding and you have an approximate Share price of $10 per share.  To get to a higher share price, they either need to attract a higher Price/Earnings Multiple or expand outside of Canada.  I'd be happy with $10
Bullboard Posts