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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 kingyahooon Aug 26, 2016 2:02pm
122 Views
Post# 25181224

RE:RE:RE:RE:RE:RE:RE:Not complaing

RE:RE:RE:RE:RE:RE:RE:Not complaing
I certainly would not disagree with any comment made. I am a pragmatic and money in my bank is better than more in the sky, at least that is how I operate. Well before the Trudeau government, I took a good look at all possible marijuana stocks and possible winners. ACB  acquired CanvasRx Inc;
 
I have one question about the construction of the first phase of a 600,000 sq. ft. fully automated greenhouse to be built in Alberta. And, from that news release, this is incredible:
 
“Measuring over 10 times the size of a Canadian football field, the expansion project consists of three 200,000 sq. ft. phases. This facility is believed to be the world's largest and only purpose-built greenhouse, designed specifically for the production of medical-grade cannabis. Upon completion of all three phases, the facility will have an estimated annual production capacity of over 70,000 kg of cannabis.”
 
I do not have time right now to know ACB capital, if it has any debt level, but the plan is grandiose. I am just being cautious. I have other eggs in my basket.
Bullboard Posts