Aurora Cannabis Inc. ("Aurora") (TSX: ACB) (OTCQB: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) today announced that the Company has signed a Letter of Intent ("LOI") with the Société des Alcools du Québec ("SAQ") to supply a minimum of 5,000 kg of cannabis per annum for the Quebec adult consumer market, once legalized.
Aurora Cannabis Inc. (the "Company" or "Aurora") (TSX: ACB) (OTCQX: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) today announced its financial and operational results for the second quarter of fiscal 2018, ended December 31, 2017.
Q2 2018 Financial Highlights
Aurora Cannabis Inc. ("Aurora") (TSX: ACB) (OTCQB: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) announced today that it has launched a new B2B service, Aurora PRO, for licensed producers ("LPs") and licensed retailers ("LRs") in the forthcoming adult consumer market.
Aurora Cannabis Inc. (“Aurora”) (TSX: ACB) (OTCQB: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) and CanniMed Therapeutics Inc.
Aurora Cannabis Inc. ("Aurora") (TSX:ACB) and Liquor Stores N.A. Ltd. ("Liquor Stores") (TSX:LIQ) (collectively, the "Corporations") announced today that Aurora has agreed to make a strategic investment in Liquor Stores by way of a non-brokered private placement (the "Private Placement").
Canadian cannabis stocks have been under considerable pressure and several leading licensed producers are trading near oversold levels after Friday’s significant move lower.
Last week was a rough week for cannabis stocks and during this time, Horizon’s Marijuana ETF (HMMJ.TO) (HMLSF) fell approx. 28% (down 10% on Friday) and we are monitoring how this trend continues today.
Canadian cannabis stocks continue to remain under pressure and momentum has been trending lower during this time.
Yesterday, the Canadian cannabis sector showed more strength than the prior two trading days and we are monitoring how this trend continues today. While this pullback is concerning, it will create a great opportunity for investors to create new positions or add to existing positions.
Consolidation has been a leading theme so far this year and we only expect to see merger and acquisition (M&A) activity pick up.
The recent pullback has made valuations much more attractive and after several leading Canadian licensed producers completed $100+ million bought deals ($200+ million for some), we can expect to see this capital put to work.