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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 Crackers13on Jul 26, 2018 11:06am
232 Views
Post# 28371073

Here's the reality

Here's the realityMedreleaf CXO's stepped away from the table during integration and essentially got/getting out of their stock positions altogether. There will be a huge number of available ACB shares during the next stretch. This will cause uncertainty until a press release for an institutional stock lock-down is announced. It would also be of big benefit if Aurora announced the leadership team with some new strong personnel. In the meantime, this is day one after finalizing the merger, so patience is needed. The price will come back next week then lower to around $7.80 on Friday. There will likely be another drop off 2 weeks into August. The number of shareholders is obviously the biggest concern, but the stock is worth more than this mornings trade value.
Bullboard Posts