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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 MarineJumperon Dec 22, 2019 7:36pm
109 Views
Post# 30482229

Why was it ever worth more than $2.00?

Why was it ever worth more than $2.00?Did the Government tell you? Did an analyst tell you? Or was it the million posts of euphoric bloggers the past two years?  I remember the forecasts for oil to hit $300 /barrel. Supply/Demand changed that in a flash. Cannabis production, regulation, supply and demand is now under the microscope and quartely financials will dictate the multiple P/E going forward and one will hope there are earnings to report. Some CEO's can't handle the heat in the kitchen. Watch for serious consolidation in the industry and insolvencies. 
Bullboard Posts