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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 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
Comment by aurorahighon Dec 08, 2017 3:57pm
246 Views
Post# 27120686

RE:RE:RE:RE:RE:Input

RE:RE:RE:RE:RE:Input Question is, what do you think of your decision?  
You used proceeds to clean up credit card bills.  Never a bad decision when paying down debt.  
To your concern.  Read the same posts early year when Aurora was trading at 2$.  Now it's trading at 7$.  Next year I wouldn't be surprised if it's 11$+ based on current m&a to date.  
Truth is no one knows how to value these companies.  Aurora at full capacity (I don't care if it takes 1-2 yrs) will generate multi millions in revenues.  Is 7$ really an unrealistic number?  Profitability will happen in a few years time as these companies need to keep reinvesting for future growth.  
In short Aurora will be double digit in new year as we get closer to legalization.  Due to increased revs and future aquisitions also.  
Will there be some bumps towards year end? More than likely yes.  If you can get in under 7$ good on you.  But even if you bought at 8$ the new year will reward the patient few.  

Bullboard Posts