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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 40hourweakon Jan 09, 2019 12:31pm
31 Views
Post# 29206720

RE:RE:RE:RE:RE:Dividend

RE:RE:RE:RE:RE:Dividend Agreed... dividends are years away. Typically a company pays dividends as a way to spend excess cash flow... Aurora is not there yet. Let’s focus on getting to positive EBITDA followed by positive cash flow first. 

Aurora still has some more international expansion plans too, but I’m going to bet they’ll wait for positive cash flow and make future acquisitions with cash or debt facility rather than diluting their share base any further. I would far rather see them spend money on business infrastructure and supply chain expansion than to pay out a dividend to shareholders... plenty of time for that down the road. 


Bullboard Posts