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Aurora Cannabis Inc T.ACB

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

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 LegallyBroke33on Nov 03, 2017 10:10am
301 Views
Post# 26899964

RE:why are we being held down @ 3.10

RE:why are we being held down @ 3.10I think that historically there is a lack of confidence in this stock once it aproaches its typical highs. Previously it was in the neighbourhood of $2.80 or so when it just ran out of steam, and the stock fell into the 2.40's and sometimes below. The stock gets run up and then ultimately driven down again if there isn't any news to keep investors pumped. 
The stock isn't predictable by any means, but I believe most have followed it long enough to see that there is a somewhat regular pattern of highs and lows to capitalize on. The shorters, bashers, traders, etc jump all over it.
That is a pretty basic explanation but it is what I have noticed.
Bullboard Posts