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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 Analystguyon Aug 10, 2018 6:37pm
233 Views
Post# 28443232

Canacord Genuity short sale at odds with forecast.

Canacord Genuity short sale at odds with forecast.At 12:25:58 EDT today, Canacord Genuity was at both ends of a short sale totalling 2,474,600 ACB shares at $6.15. This number is significant given it represents almost 25% of todays total traded volume.

What I find troubling about this is that Cannacord Genuity's own analyst, Matt Bottomly, was interviewed on the Midas Letter July 27th touting ACB would hit $11 per share! Anyone have an explanation?
Bullboard Posts