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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 and cannabis-derivative products in Canada and internationally, and the propagation of vegetables and ornamental plants in North America. Its segments include Canadian Cannabis and Plant Propagation. The Company's adult-use brand portfolio includes Drift, San Rafael '71, Daily Special, Tasty's, Being and Greybeard. Its medical cannabis brands include MedReleaf, CanniMed, Aurora and Whistler Medical Marijuana Co, as well as international brands, Pedanios, Bidiol, IndiMed and CraftPlant. It also has a controlling interest in Bevo Farms Ltd., North America's supplier of propagated vegetables and ornamental plants in North America. Its subsidiaries include Aurora Cannabis Enterprises Inc., Aurora Deutschland GmbH, TerraFarma Inc., Whistler Medical Marijuana Corporation, and Indica Industries Pty Ltd., among others.


TSX:ACB - Post by User

Bullboard Posts
Post by dro2017on Oct 16, 2018 12:43pm
102 Views
Post# 28811068

Didn't sell and not going to sell yet

Didn't sell and not going to sell yetI've been here for a long time and people want to profit take go for it. Aurora has supply agreements with majoirty of the provinces. They partially disclosed the amount of Kg's signed with some provinces. 11 facilities, insane distribution channels and insane amount of production and global expansion into 5 continents. They are globally and recreationally prepared as per Terry booth and Cam Battley's comments during the Q4 call conference. 

The amounts of Kg's distributed are more than likely to be reported wednesday to show people how much they will be making. Multiple sources, even BNN stated that their is a shortage of supply and that's why the little companies will survive for the time being.

Having said that i see it rebounding to new high's. We already established 2 new highs. 16.24 and 15.22 yesterday. I'm waiting on NYSE listing and possibly a beverage deal to happen.

Chartwise: we gaped up big twice without closing the gaps so it's expected to a have a pullback to fill it so we can continue our uptrend. I personally didn't sell and even if i tried too it was dropping quick (by quarters). We are establishing high's and lows and forming new support levels and resitances. So let's see where the rest of the day and tmr take us.

Stay strong and Long


Bullboard Posts