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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 Canniprofitzon Aug 01, 2018 5:45pm
72 Views
Post# 28400879

RE:Paper Spreading - Value Booster or Red Herring?

RE:Paper Spreading - Value Booster or Red Herring? I somewhat agree.  I think management of MJ companies are looking for ways to create value since the market boom has slowed significantly.  Growth is what markets generally like and you will get that in any spinout as they attempt to spread their own wings and create their own market for shares.

Take a look at MTEC as a spin out.  At one point it's market cap was higher than the company that it was spun out of.  Likely because there's a better projected growth rate and the fact that managment has purchased shares daily on the open markets as well as through options exercise at market prices.  I think it's all about projected growth rate and whether management actually comes through with what they promise shareholders.  Those that come thru will be rewarded.
Bullboard Posts