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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 wolverine99on Feb 02, 2018 7:28am
243 Views
Post# 27486919

Sector

SectorThe whole sector is oversold, it has risen dramatically over December and early January on nothing more than speculation. Combined that with warrants, bought deals, dilution, mega mergers and other acquisitions, its plenty for the market to digest. Its going to take weeks to sot out, there will be lots of volatility, expect another 10-15% decline before it settles. Once the dust settles a new rally will begin and some clarity should be in the market as to Legalization timing. This pullback should have been expected, this sector operates on hype and speculation, fundamentals are not in the equation yet!!!
Bullboard Posts