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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 Cttguyon Jan 18, 2020 8:01am
323 Views
Post# 30568332

AURORA'S AND CTT PHARMA'S DISSOLVE STRIPS SOLD OUT

AURORA'S AND CTT PHARMA'S DISSOLVE STRIPS SOLD OUT Aurora's dissolve strips takes almost half of the Marijuana on each strip versus Aurora's soft gel tabs. Here's the breakdown of Aurora's Strips versus their soft gel. Strips are $32.50 for 15 strips. These strips have 4.7 milligrams per strip and sell for $2.16 per strip. Now the soft gel capsules are $32.50 for 30 pills and have 8.7 milligrams and sell for $1.08 per pill. The Strips give Aurora $32.50 and have a total of 70.5 milligrams of marijuana on all 15 strips where as the gel tabs give Aurora $32.50 and have a total of 261 milligrams in the 30 capsules. So Aurora has to put almost 4 times more product(marijuana) into the soft gel tabs and sell them for half the price of the strips. Let's break this down even more. If Aurora sells 1,000,000 dissolve strips. That's 4,700,000 milligrams of marijuana, which is 4,700 grams. At $1.42 per gram that's $6,674 to produce 4,700,000 milligrams. With a total gross of $32,500,000. To sell a million dissolve strips they have to sell 66,666 small packets of 15. The idea of these dissolve strips are not new to the public. In 2001 listerine came out with breathe strips to make your breathe smell better and they sold 200 million of these strips in the first year.
Bullboard Posts