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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 Cremonaon Sep 10, 2017 9:17pm
221 Views
Post# 26677926

RE:RE:RE:Tenthnight thanks for your post!

RE:RE:RE:Tenthnight thanks for your post!A couple thoughts... I read somewhere today that California which goes rec on Jan 1, is expecting 1100 retail licence applications.  California 39 million, Ontario 13.5 million or 35% of California.  35% of 1100 rec applications is 385.   The geniouses in Ontario think they can do it with 40 by July and then move that number up to what, 120-140.   

As for online medical websites in Ontario, will they continue or will it all be centrally hosted by an Ontario cannabis website.  I think that is an open question.

I don't think there is a sales tax on medical, but with rec, it should get the full Ontario treatment of 5% and whatever Ontarios tax is,  7%?,  I don't know  so that's maybe 12 percent.  For users it would be best to just to continue buying it as a medical thing and save on the taxes....unless a rec user needs more that 1 gram a day, which is what I was authorized to get for my back pain. 

By the way, when I went to get my perscription for pot,  there was really no questions asked about my sore back.  So there is really no restriction on people now who want to go get a persciption.  Further,  once I got the perscription I was free to buy whatever pot I wanted,  be it only CBD or only THC or a combo of both.    Both of those have completely different effects on the body, so that tells me even Doctors and the regulators of medical are not really matching medical conditions with the appropriate pot for that condition,  since the patient gets to choose....

Kinda silly eh,  to call it medical.  Patients are left to just make up their own minds about what kind of pot they need....really silly.




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