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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

Post by lou64on Feb 08, 2024 7:28am
572 Views
Post# 35869244

Earnings

EarningsA tiny increase in revenues with LESS domestic sales but more medical sales ... that was reasoning behind releasing news about Australia before earnings ? LESS money on hand due to burn rate !!

This is another DILUTION news release before a small increase in earnings the company tries to justify

The signal that it shows that Aurora can not function as a company to profit to use for this buy and it CAN NOT dig itself out of their financial hole to become compliance for NASDAQ with these numbers 

So the R/S is a must that will be pressured after its release !!!
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