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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 aurumtraderon Dec 13, 2016 4:25pm
420 Views
Post# 25594337

Connecting the Dots

Connecting the DotsThere was another company halted with ACB (also "pending news"). It's RTI (https://www.radientinc.com/) who has about a $12million market cap according to TMX. 

It looks like RTI is an extraction-based company that has proprietary means of extracting higher quality chemicals using a special type of induced Microwave-based technique. 

I also read this in their last financials released in Nov 2016:

"On November 28, 2016, the Company announced its intention to submit its application for a Controlled Drugs and Substances Dealers license in the fast growing Cannabinoids medical market"

My thoughts are (I am not pumping just speculating) - maybe ACB is purchasing RTI for its technology on the basis that ACB already has the license. 

Thoughts anyone?
Bullboard Posts