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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
Comment by Bluechip2on May 15, 2018 10:46am
106 Views
Post# 28032343

RE:RE:RE:New Article

RE:RE:RE:New ArticleAnother good article here at Midas Letter on this transaction. I would add that it is in the best interests of the large share holders at Medrelief to keep the ACB share price propped up until the deal closes. The top 4 or 5 holders own something like $1.7 billion shares of Leaf. For example buying even 20-30 million shares on an ongoing basis for this purpose would be very beneficial when their shares get converted at 3.575 rates. However, if there was enough share holder sell off whereas the deal still goes through but ACB decrements, then existing Leaf shareholders would benefit less and the public investors of ACB would have to burden less of the dilution. Keep an eye on the closing date...

https://midasletter.com/2018/05/market-not-fully-buying-into-aurora-cannabis-medreleaf-acquisition-yet/
Bullboard Posts