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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 dro2017on Jun 06, 2018 9:24am
103 Views
Post# 28131073

RE:not good. 35 of 86 lic. producers infiltrated orgnizd crime?

RE:not good. 35 of 86 lic. producers infiltrated orgnizd crime?Damn, not looking good. That's something to keep an eye on. Just like organized crime used BITCOIN, an unknown and new currency, they are doing the same. Going to look more into this. But that's upsetting news. Hopefully it doesn't affect the vote tmr. Nonetheless, ACB is supplying internationally for medicinal purposes and where countries have legalized marijuana for recreational use. I think we should be still ok. Hope people understand that.
kijiji wrote:
Senators voted 45-29 on Tuesday to amend the Liberal government’s cannabis legalization bill to require that any company licensed to grow marijuana must publicly disclose all its shareholders or executive members who are not based in Canada.
 
 
They also approved, by a close vote of 39-36, another amendment that would specify that police who seize cannabis plants don’t have to keep them alive.
 
That brings to 43 the number of amendments the Senate has so far approved to Bill C-45. And there are likely to be more before the bill is put to final vote in the upper house on Thursday.
 
Tuesday’s amendment on tax havens was proposed by Conservative Sen. Claude Carignan and garnered considerable support among Liberal independents and independent senators.

Liberal independent Sen. Serge Joyal said police have confirmed that organized crime has already infiltrated the medical marijuana market in Canada.
 
He pointed to the fact that 35 of 86 licensed producers are financed in part by unknown investors using tax havens to keep their identities secret.
 
Joyal said more than $250 million has been invested in Canadian cannabis companies from the Cayman Islands alone.



Bullboard Posts