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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
Comment by TITOOOon Dec 23, 2016 9:00pm
307 Views
Post# 25642043

RE:Up In Smoke... Puff, Puff, Pass

RE:Up In Smoke... Puff, Puff, PassNormally a shell company with no business is only worth several hundred thousand dollars and will receive sub-5% of the pro forma company, especially if it is listed on the lowly CSE. The economic attribution to the Prescient Mining shareholders appears suspiciously high, but perhaps it is just a reflection that the founders of Aurora had no real prior experience running publicly-traded companies. This type of economics would reflect a hefty fee just to get Aurora public. The CEO of Prescient, Marc Levy, remained as director of the new company...at least for a short period of time. Levy and his associates likely held a significant portion of the 43% of the resulting entity, which would have provided ample incentive to aggressively promote Aurora in order to drive the share price higher.
Bullboard Posts