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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 Habs1993on Jun 20, 2018 8:21am
348 Views
Post# 28197136

RE:SPIN-OUT OF U.S ASSETS

RE:SPIN-OUT OF U.S ASSETSI am no expert.Maybe you will get a better explanation later.But from what i understand,Aurora will spin out assets they have in U.S. Meaning,a new compagny will be formed.A new ticker.Owner of ACB shares,will receive 1 unit per 20 shares of ACB.Each unit consist of 1 share of the new ticker and 1 option to buy a share at $0.25.You have 1 year to buy or not.
This is my understanding.
Bullboard Posts