Aurora Cannabis Inc Keeps Climbing
Aurora Cannabis Inc keeps climbing after posting strong earnings and its latest operations update. Investor enthusiasm for the leading Canadian cannabis players like Aurora, Canopy Growth Corp, and Aphria Inc continues. Aphria just boosted its war chest and Canopy became Canada’s first billion dollar plus cannabis unicorn after its tremendous bull run. With a current market cap of C$669 million, is Aurora Cannabis next to have a billion dollar market cap?
First up, a little background on the company. Aurora Cannabis Inc trades on the TSX Venture Exchange under the symbol ACB, on the OTC Markets under ACBFF, and in Frankfurt under 21P. Aurora’s wholly-owned subsidiary, Aurora Cannabis Enterprises Inc., is a licensed producer of medical marijuana pursuant to Health Canada’s Access to Cannabis for Medical Purposes Regulations (ACMPR) and operates a 55,200 square foot, expandable, state-of-the-art...
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