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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 longonMJon Sep 03, 2018 1:17am
288 Views
Post# 28555419

RE:RE:Share Buyback

RE:RE:Share BuybackNot exactly sure what kind of world some of you investors are living in when you talk about Aurora paying dividends or buying back shares.

As along as a company feel that they are still growing and able to use the money to help grow the company they will not be paying dividends or buying back shares.  Even big companies that are raking in billions of dollars like Amazon, Google, Netflix, etc. have never paid a single penny of dividend to their loyal shareholders because they feel they can make better use of the money in order to grow the company, and as result of this growth, increase the share price of the company to beneift the shareholders much moreso than giving them a dividend.

Nowhere is Aurora close to raking in billions of dollars per quarter and not finding a place to spend it.  Guess what, they are actually constantly issuing shares in order to raise funds from their shareholders to buy into or to partner up with other companies.  Since they are basically right at the birth age of their company in this new industry, they are getting funds from their shareholders, and nowhere close to giving money (and which they do not have) back to their shareholders.

If you guys are expecting to invest in Aurora for dividends and share  buybacks, all I can say is that you have clearly chose the wrong company to invest in.

Capitalist123 wrote: I definitely think it will happen when Aurora has the level of profit to start paying dividend.  Share buyback is a more beneficial tool to increase valuation than reverse split.

The only question is when.
hope I have the patience to hold till then


Bullboard Posts