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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
Post by ronster65on Jun 06, 2018 10:29pm
394 Views
Post# 28136965

Stop losses

Stop lossesTomorrow would be a good time to utilze your stop loss triggers and readjust going upward. We wont really know the true value of ACB until the 3rd and 4th quarters of this year when we can actually realize the value of the company. Right now company is trading at 16 times earnings so dont bet the farm on the MJ industry just yet. I am long on ACB myself accumulating since early 2017 and analysts have determined that the the MJ industry will be worth 4.5 billion in the first year and sales may well exceed past wine and spirits sales. If that is true and does come to fruition, then great for all involved. Just dont get sucked in by the hype on an industry that no one can predict or even fully understand right now. Do your DD and lock in your profits is always the best advise. Good luck everyone.
Bullboard Posts