Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Aurora Cannabis Inc T.ACB

Alternate Symbol(s):  T.ACB.WS.U | ACB

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 and cannabis-derivative products in Canada and internationally, and the propagation of vegetables and ornamental plants in North America. Its segments include Canadian Cannabis and Plant Propagation. The Company's adult-use brand portfolio includes Drift, San Rafael '71, Daily Special, Tasty's, Being and Greybeard. Its medical cannabis brands include MedReleaf, CanniMed, Aurora and Whistler Medical Marijuana Co, as well as international brands, Pedanios, Bidiol, IndiMed and CraftPlant. It also has a controlling interest in Bevo Farms Ltd., North America's supplier of propagated vegetables and ornamental plants in North America. Its subsidiaries include Aurora Cannabis Enterprises Inc., Aurora Deutschland GmbH, TerraFarma Inc., Whistler Medical Marijuana Corporation, and Indica Industries Pty Ltd., among others.


TSX:ACB - Post by User

Bullboard Posts
Comment by rbm0524on May 09, 2016 5:54pm
96 Views
Post# 24855701

RE:RE:RE:Expected Financials

RE:RE:RE:Expected FinancialsLets not forget that ACB being able to secure a $2 million private placement is a positive in itself. Sure the potential dilution is not ideal but being able to secure unsecured financing at 10% is a sign that whomever invested/lent that $2million was pleased with what they saw and either want to convert the funds to common shares or are reasonably certain that they will be paid back based on what they saw in their due diligence. It was a non-brokered private placement so the funds likely came from 1 or a few sophisticated investors. 10% money for unsecured funds is relatively inexpensive. And in the big scheme of things, it is when ACB needs working capital and cannot secure it either through financing or equity issuances is when we need to worry. Not when there are willing parties (likely sophisticated ones) that are chomping at the bit to get involved. I am not pleased with the performance of the stock the last week but I am hanging in and continue to be a buyer at 0.46.
Bullboard Posts