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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 MartialArtson May 23, 2018 9:40am
234 Views
Post# 28068665

Bought ACB in the $6 range this morning via LEAF

Bought ACB in the $6 range this morning via LEAF
Buying LEAF in the $24s or low $25s is a very easy decision.  The same type of arbitrage happened on the CMED takeover and those of us who leveraged it did very well.  I know GT looked at the math and sold ACB to move to CMED to get bonus shares.   While others were complaining to be a ACB sellout, he made the smart move.

Remember 1 LEAF = 3.575 ACB shares after conversion.  This is an all-share transaction so unlike CMED which had the uncertainty of the partial cash portion, there is no uncertainty here.

Worst case is someone with more valuation shares comes in for an offer.  Canopy could offer 1 WEED = 1 LEAF and that would be in the high $30s (even with break up penalties).

Happy trading and investing everyone!
Bullboard Posts