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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 Relaxrelaxon Feb 06, 2020 9:45am
210 Views
Post# 30651147

Nothing wrong with layoffs, better late than never, but very

Nothing wrong with layoffs, better late than never, but veryTalked to a friend that works at ACB last night and they said 10% was nothing, more cuts could have been made.  They said that there is a lot of dead wood at the company.  Seems to me that Booth is just not in touch with his own company which is pretty disappointing.  Just as with WEED, a new CEO is needed here.  I looked him up on LinkedIn,  he has no business education, he’s an electrician who has been very successful mind you but is a little out of his element right now.  I as many am stuck getting in at too high a price, should have done my DD when I first bought but that’s my fault.  After talking to my ACB friend, I must admit I’m disheartened.  Looks like I’ll be holding this one till the sector turns and once it does, I’ll be going to a company that has a strong CEO like WEED or Curaleaf.

Bullboard Posts