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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
Comment by ytriguyon Oct 23, 2018 7:01am
176 Views
Post# 28853545

RE:Lots of optimists in here, but may be disappointment

RE:Lots of optimists in here, but may be disappointment
It seems to me that it there's a deal, a deal with Diageo would be more likely, although either one would be great.

I just have the feeling that coke would want too much. After all, rumor has it that Coke talked to Aphria back in August and nothing came of it. If it was such a great deal you would think that Aphria would've jumped at it.

The one big plus for Aurora is the purchase of Hempco.

CBD oil derived from Hemp contains less than 0.3% THC. CBD oil derived from Cannabis can have up to 30% THC levels.

Coke would want the health benefits from CBD oil and do not want to get people high so obviously would lean toward CBD derived from Hemp.

So Aurora's purchse of Hempco was a smart move and might just be appealing to any large beverage company. Especially a company like Coke that is in over 200 countries. They would require huge amounts of CBD oil.

Just possibly Aphria is more into growing cannabis plants and do not have access to enough hemp to appear attractive to Coke.

We will know soon enough if Aurora has done things right.
Bullboard Posts