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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
Post by blueboyon Nov 29, 2016 5:42pm
183 Views
Post# 25530345

Great growth in ACB 2017 Q1 results!

Great growth in ACB 2017 Q1 results!Q1 revenue of $3.1 million was nice, especially compared to only $1.2 million in Q4 2016 - that is an increase of almost 160% in one quarter!

Even more importantly, Q2 already looks great since November gross revenue is projected at least to be $1.6 million alone.  If December is a similar month for ACB (hey - who doesn't want some MJ for Christmas?), then it should come in at least at $1.6 million in revenue as well.  Add in October, which is somewhere over $1 million, and Q2 revenues should be at least $4.2 million.  That would be an increase of 35% over this quarter!  (and it will likely be higher, if Christmas sales are brisk)..  Great revenue growth!

Add in the (already expanded) expansion plans, lots of cash on hand, and the planned move to the TSX-V, and ACB is looking great...

BB
Bullboard Posts