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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 Duediligence33on Oct 27, 2020 10:23am
267 Views
Post# 31787759

More Dilutioncoming...

More Dilutioncoming...The debt they OWE is 2x the cash they have. Sales are decreasing and no positive cash flow. Of course they have to issue more shares to pay debts due by August 2021. This charade will end in CCAA in due course. I said last week it would get shorted again at $ 6.50 for a "rinse and repeat" cycle in this obvious death spiral downtrend. You can join the smart traders and sell high then buy back lower so next time it runs up SELL then buy back on the dip otherwise you just slowly watch your cash balance dwindle. The company is doomed and will be resurrected by the creditors as a new company with new shareholders. By the way how many insiders have bought these :cheap shares". Theyrape the treasury for undeserved salaries and will issue themselves more paper.
Bullboard Posts