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Aurora Cannabis Inc T.ACB

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

Healthcare Cannabis
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

Aurora Cannabis Inc
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Comment by Ohnoohnoohnoon Jan 29, 2018 9:41pm
318 Views
Post# 27459411

RE:RE:RE:RE:I believe Share dilution will hunt ACB until end of March

RE:RE:RE:RE:I believe Share dilution will hunt ACB until end of MarchTobacco companies trade at 20x revenue. After legalization all ACB needs to achieve for 50$ share price is 26.5 billion market cap or 1.3 billion in revenue. It was estimated in 2015 that illegal marijuana was sold for a total of 6.2 billion. If Aurora can get a small portion of that when legalizaion hits then that is why the share price will go up. Likely it will be 30$ by end of year with it expanding to 50-100 the following year.
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