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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 Duediligence33on Sep 25, 2018 5:51pm
616 Views
Post# 28688298

ACB market cap and shares

ACB market cap and sharesThis may be a good company with great potential and fantastic numbers but the problem is the BILLION shares versus 250 million for WEED and APH. So today the 50 cent increase was actually a 500 million market cap gain. That would equate to a $ 2.00 move for APH and WEED. To get to $ 15 that would be a 3 Billion market cap gain which is 3 x the CANNTRUST market cap. It would be advisable to do a 4 to 1 reverse split and have a reasonable 250 million shares out and share price of $ 52. Then you would see moves of 3 to 4 dollars daily like WEED with less shares to change hands. Hope ACB succeeds as all MJ sector gains too.
Bullboard Posts