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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
Comment by uncleblackieon May 14, 2020 7:44pm
192 Views
Post# 31030529

RE:RE:Easy cushion about loss post RS

RE:RE:Easy cushion about loss post RS
I gotta hand it to Aurora.
First they hold a gun to the heads of their debenture holders.
Then they do a 12X reverse split, all the while quietly renewing their " At The Market" program so that even after the share consolidation, they get to continue to dilute whatever little shareholder value is left all over again. That's exactly what the market has become for Aurora. An Automated Teller or ATM with seemingly no limit.
The beauty part about financing your operations this way is you never have to worry about debt due down the road in any form.

Just keep pulling money out of the ATM until you're so diluted again that you receive another  listing compliance notice and then consolidate and do it all over again!

It's a bottomless money pit!
Bullboard Posts