Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Iveybiz79on Feb 08, 2017 1:53pm
321 Views
Post# 25817586

420 Intel

420 IntelAurora Cannabis Inc. (TSXV:ACB) could easily be the next marijuana producer to hit the $1-billion-market-capitalization milestone after front runner Canopy Growth Corp (TSX:WEED). Investors could see massive gains on this counter in the next three months and a doubling in stock price sooner than they currently anticipate. The company has made very significant strides to catch up with the runaway industry leader. Enough momentum has so far been amassed for the stock to shoot through the TSXV ceiling, a feat only Canopy Growth has achieved so far. Here is why Aurora investors could be in for big gains this year. Aurora Sky: a game changer The construction of the 800 000-square-foot Aurora Sky greenhouse facility at the Edmonton International Airport could be a massive game changer in the industry. With such a facility at its disposal, Aurora Cannabis is poised to be an international cannabis player by fall 2018. Most interesting is the fact that the current industry giant, Canopy Growth, now has 656 000 square feet of licensed production area after the recent acquisition of Mettrum Health Corp. If Canopy doesnt expand facilities fast enough this year, Aurora will have biggest production area at 855 200 square feet come 2018. Aurora Sky facilities will have the capacity to produce 100 000 kilograms of dried product annually. That would be a massive 107 000 kilograms of combined productive capacity for the entity, making it ready to fight it out with Canopy Growth in the market. Auroras new facility will be the largest yet constructed or envisioned in the Canadian cannabis sector, and management believes it will represent the most advanced, automated cannabis-production facility in the world. Cash boost Big sums of smart money are flowing into the company right now with a current private placement financing round to boost Auroras cash war chest by another $60 million. Gross proceeds could rise to $75 million if the underwriters take up the option to purchase the 6,667,500 additional units at the offer price of $2.25 by February 23. It most likely will. Canopy Growth was anticipating a cash balance of $68 million after the Mettrum acquisition deal in January 2017. Aurora is now more geared to compete with Canopy for the biggest piece of the marijuana pie. Net proceeds from the offering will be used primarily for the companys strategic growth initiatives. Phenomenal client book growth Aurora has seen the fastest organic growth than any other licensed marijuana seller. It grew from zero to surpassing 12,000 active registered patients by November 2016 in the first 12 months of product sales. The growth rate in patient numbers in Canada has been phenomenal at a staggering 10% a month.
Bullboard Posts