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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 iknowsmthingon Nov 15, 2016 3:43pm
458 Views
Post# 25464907

Small cap power report on mj

Small cap power report on mjJust glanced at article so far. Did notice Aurora Revenue Growth mentioned.

Canada - Medical Marijuana

Currently there is estimated to be over 100,000 registered patients with Health Canada for access to medicinal marijuana, according to a total number of registered patients of 75,166 (Health Canada Website) as of June 30th, and applying the 33.16% compounded quarterly growth rate from the past ve quarters, this represents over $62 million in sales from publicly- traded, licensed producers over the last 12 months. As the industry takes o these numbers

are expected to explode, as companies such as Aurora Cannabis are now selling more than $1 million in marijuana per month, and will soon hit $2 million if current growth continues.

According to Federal government projections (source), the medical marijuana industry is expected to reach over USD$1.3 billion by 2024, as 450,000 patients become registered with Health Canada (Figure 1). 


Bullboard Posts