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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 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 SquishyIncon Sep 23, 2016 6:22pm
240 Views
Post# 25272463

Ample Justification for Current Valuation...

Ample Justification for Current Valuation...The companies in this space are being valued speculatively for future performance expectations, based somewhat loosely on "today's" performance and what the company is capable of under x circumstances (medical vs recreational etc). Each person has his own method of valuation in the end and takes into consideration the metrics he deems most important, and by those numbers/subjective impressions plots his entries and exits. Ultimately, all of these people together, which we call the market, decide the share price. Today, regardless of your perception of what market capitalization is appropriate relative to it's peers, the "market" decided ACB is worth 1.32 per share. Whether or not you can see the value in that number doesn't really matter. The market decides, and the market seems to be saying that this company is a force to be reckoned with. At this point i am regretting selling as many of my shares as i did on the way up. I bought in with an average cost of .49 back in the day, but will now be seriously considering buying back in, in a fairly large way, at more than twice that price. Who woulda thunk?
Bullboard Posts