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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 greggegenon Jul 19, 2018 5:52am
64 Views
Post# 28336890

RE:Shorters on this board are getting nervous !!!

RE:Shorters on this board are getting nervous !!!I have no idea who the real 'shorters' may be...or 'pumpers' etc, but it has long been a tedious feature of Stockhouse boards for various participants to bicker and slag each other off for their 'opinions'. I too scan the boards for those stocks I hold, like Aurora, in the hope of finding useful/informed commentary or observations.  Most of it is frankly...speculation...good or bad.

For my part, I think Aurora has considerable strategic vision and has moved rapidly to achieve a dominant market position in what is after-all a new global marketplace, ie, legalised cannabis and derviative applications. The dimensions of the market are certain to be very big indeed...but visibility and hard predctions do have a lot of near/medium term uncertainty. 

The issue we face is simply that Aurora is paying up for its bold strategic position...and financing same with bought deals...and using a lot of convertible securities. There is a hell of a lot of embedded dilution in these financings. When the stock is appreciating...we tend to forget about the fully diluted impact of these deals...but the big institutions know the reality.  I think patient shareholders will be rewarded...but the timeline may be measured in years...not months.  Consequently I have sold down a lot of my holdings and taken realistic gains.  My long position is much reduced and I can watch patiently from a position of reduced exposure.  Others may take a different stance...but this seems sensible to me. Cheers and good luck!
Bullboard Posts