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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

Post by cannabiscon Apr 28, 2022 5:47am
231 Views
Post# 34637902

Ships going down

Ships going down 2022 - the Year of the Canadian Cannabis Layoffs. With no more government COVID money to prop up the Income Statement, you will see more employees fired than a binge watching session of The Apprentice. All under the faade of a path to profitability - do not be fooled. Look at the trajectory on net revenue - look at the operational gross margin - look at their core value proposition. Do the math - do the strategic evaluation. You will see that the cost cutting will result in huge confusion and chaos - massive loss of employee morale - any good employees still there looking to get out. And a drop in sales - good companies have trouble growing-while-cutting, and these are nowhere near good companies. These cannabis companies simply do not do anything particularly well that results in sustainable, profitable sales growth - if they did, they wouldn't be in this sad position. I know many of you have money invested in these pantloads - you want, no, need them to be successful. Sorry, but wishing and hoping won't amount to anything - and neither will they.
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