Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 BirchBrookon Dec 23, 2019 11:45am
124 Views
Post# 30484010

Australia's Capital to legalize Cannabis Jan31,2020

Australia's Capital to legalize Cannabis Jan31,2020

(CNN)The Australian capital Canberra will become the country's first city to legalize marijuana following a landmark vote Tuesday night.

Lawmakers in the Australian Capital Territory voted to pass a bill allowing people aged 18 or over to possess and cultivate marijuana for personal use.
The new law is set to come into effect from January 31, 2020, state broadcaster ABC reported.
Under the new regulations, residents in the territory -- which is home to the capital -- will be able to legally possess up to 50 grams (1.76 ounces) of marijuana and cultivate up to two plants per person, or four per household.
 
 
The change makes the Australian Capital Territory (ACT) the first of Australia's six states and two main territories to legalize marijuana for personal use.
Drug laws differ depending on the state or territory. Under the ACT's current law, cultivating one or two cannabis plants or possessing 50g (1.76 ounces) of cannabis carries a possible 160 Australian dollar fine ($108), while possessing more than 50g (1.76 ounces) of cannabis carries a maximum 8,000 Australian dollar fine or two years in prison -- or both.
According to the Australian government, marijuana is the country's most widely-used illicit drug. In the 2017-2018 financial year, there were over 72,000 cannabis-related arrests made in Australia -- and 92% of those arrested were consumers.
ACT's new law conflicts with national drug laws enacted by Australia's Parliament which prohibit the possession of marijuana.
According to the ABC, it could be possible for those laws to overrule ACT's new law.
It's not the first time that ACT's laws have been in conflict with national laws. In 2013, the ACT legalized same-sex marriage -- but it was struck down by a decision by Australia's highest court, which ruled that the ACT legislation was inconsistent with the national law.
But attitudes are changing. In 2016, the Australian Parliament passed an amendment allowing marijuana to be legally grown for medical and scientific purposes for the first time in Australia.
In neighboring New Zealand, possessing marijuana for personal use is still illegal, although the country is set to hold a referendum on legalizing it next year
If New Zealand does legalize marijuana, it will be only the third country in the world after Uruguay and Canada to do so. Nine states in the United States and the District of Columbia also allow recreational marijuana use, and the drug has been decriminalized in many parts of Europe.

Bullboard Posts