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Aurora Cannabis Inc T.ACB

Alternate Symbol(s):  ACB | T.ACB.WS.U

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 billionysworldon Mar 07, 2017 11:01am
221 Views
Post# 25943737

Cam Battley

Cam Battley
Hi:
 
It's standard language. And in any case, even if we were to use paper, dilution would be minimal on that amount. 
 
Warm regards, 
 
Cam
 
Sent from my BlackBerry 10 smartphone on the Bell network.
From: 
Sent: Tuesday, March 7, 2017 10:40
To: Cam Battley
Subject: Re: Peloton
 

Good morning,
 
As an investor, I think the acquisition of Peloton is a great idea. However, can you please explain what's meant by this statement: 
 
Under the terms of the Proposal, and subject to all conditions precedent being satisfied, the Company will provide a total investment pool of $7,000,000 of cash and common shares of Aurora for distribution to creditors.

Is ACB considering to further dilute it's shares, even with the last $75 mil private placement? 

Bullboard Posts