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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 BobTBuilderon Oct 10, 2019 11:03pm
421 Views
Post# 30220355

The One to Own

The One to Own

I looked back and I have held this stock for almost 3 years. It was then and continues to be the best MJ company in Canada and now probably the world.

I just watched a video where an analyst indicated the cannabis industry in Canada is worth 8-10 billion dollars. However right now the licensed producers are seeing maybe 1.2 billion. When we look at ACB producing 650,000kg per year that may cause some concern. Will the market be able to consume that much product? Will the legal infrastructure support that supply? Will other markets like Europe open up fast enough? Will the black market finally be pushed to the margins? That being one of the key goals of legalization. 

When the squeeze comes everyone else will get squeezed that much harder. Aurora has the infrastructure in place to outcompete everyone on a cost/gram basis. They have the product quality to garner significant market share. I also believe the management they have in place is making excellent decisions. This really is a no-brainer. This is a blue chip stock with huge growth potential from these levels. And it's not like the path is even that unclear. It's actually pretty obvious and easy to see.

Bullboard Posts