Trading in Aurora Cannabis (ACB.TO) (ACBFF) has been halted ahead of the market opening this morning and many investors are keeping an eye on what comes next.
Over the last year, Aurora has made some significant announcements and investments so it is not surprising that this halt is exciting.
An International Play with a War Chest of Cash
From expanding into Australia and Germany to making strategic investments in cannabis extraction technology and hemp/CBD firms, Aurora has been executing on all levels.
The licensed medical marijuana producer is well capitalized too, having announced several significant bought deals over the last twelve months. Aurora has a war chest of cash and we are excited about the company’s long-term opportunity.
A Long-Term Opportunity
While there have been concerns raised regarding Aurora’s dilution potential, we are not concerned by this as long as the company continues to execute. Germany is a massive opportunity for this Canadian medical marijuana producer and we should have a better idea about how significant this opportunity is before year-end.
Aurora Cannabis has the market’s attention this morning and we recommend you move this company onto your radar screen if it is not there already…