Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 dro2017on Apr 27, 2018 3:54am
214 Views
Post# 27948577

RE:RE:RE:ACB has lost 50% of it's value since Jan

RE:RE:RE:ACB has lost 50% of it's value since JanDilution is the key problem here. They need your investment and money to build these facilities and to continue their operations. So until we see some hardcore revenue and until marijuana is legalized we won't be seeing $15-20 anytime soon. https://www.fool.com/investing/2018/04/26/aurora-cannabis-new-expansion-plans-come-with-2-in.aspx The legal marijuana industry isn't particularly profitable, save for a handful of the larger players in the Canadian market that have managed marginal profits as a result of medicinal cannabis sales. This means cash flow for most pot stocks is either marginally positive or negative. For those that are rapidly expanding their growing capacity organically or through acquisitions, cash flow is most decidedly negative. Therefore, in order to generate the capital needed to expand growing capacity, marijuana stocks in Canada have been turning to bought-deal offerings. A bought-deal offering is where a company sells common stock, debentures, warrants, or options, to an investor or institution prior to the release of a prospectus. It's very similar to a secondary offering in the United States, save for the fact that the deal is worked out prior to the prospectus being released. As the number of shares outstanding balloons, the value of existing shares held by investors dilutes. It also means a company would need to earn considerably more in profits just stay par for the course in terms of earnings per share.
Bullboard Posts