Tag : Aurora Cannabis

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Aurora Cannabis Announces Financial Results for the Second Quarter of Fiscal 2019

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Aurora Cannabis Inc. (the “Company” or “Aurora“) (NYSE: ACB) (TSX: ACB) (Frankfurt: 21P; WKN: A1C4WM), announced today its financial and operational results for the second quarter ended December 31st, 2018. Q2 2019 and Subsequent Highlights Net revenue of $54.2 million, up 83% sequentially, and up 363% compared to the same period in 2018,...
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Aurora Cannabis in Discussions with Coca-Cola to Produce CBD Infused Beverages

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In a press release this week, Aurora Cannabis (TSX: ACB) (OTCQB: ACBFF) confirmed that it has entered into the beginning stages of negotiations with beverage conglomerate Coca-Cola to discuss the possibility of launching a brand of Cannabidiol (CBD)  infused beverages. At this point there is no agreement that has been made...
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Aurora Cannabis Provides Investors Updates on their International Operations

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Aurora Cannabis (TSX: ACB) (OTCQB: ACBFF) announced this morning a company update on their multiple cannabis related operations around the world. The company has undertaken projects in numerous countries such as Denmark, Germany, Malta Australia, South Africa, and Colombia. The company’s stock is currently trading at $5.97 per share and has...
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Aurora Cannabis to Use Shopify to Power E-Commerce Platform

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Aurora Cannabis Inc. (TSX: ACB) (OTCQB: ACBFF) has announced this morning that the company has signed an agreement with one of the leading e-commerce development platforms in the world, Shopify Inc. (TSX: SHOP). The two corporations will work synergistically to develop a new platform for Aurora Cannabis’s global networks of medicinal...
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British Colombia Announces List of Licensed Distributors Ahead of Recreational Cannabis

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The British Colombia Liquor Distribution Branch has announced a list of the 31 federally licensed cannabis manufacturers and distributors ahead of October 2018, when the Cannabis Act and recreational cannabis officially becomes legal in Canada. The list in comprised of some of the top companies in the sector including Canopy...
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CBD Solid Bedrock as US Heads Back to Industrial Hemp Roots

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With the announcement in April of the Industrial Hemp Farming Act of 2018, the industry could be looking at a federal redefinition of hemp. Industrial hemp is a great source for CBD (cannabidiol), a non-psychoactive cannabinoid with numerous medical applications ranging. U.S. market projections for hemp range from $1.9 to...
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Aurora Cannabis Reports a Tripling of Sales in Q3

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Aurora Cannabis (TSX: ACB), one of the top Canadian based public cannabis companies, has announced the companies Q3 financials which has seen their product sales increased significantly. Aurora Cannabis has tripled its sales and increased the active amount of registered patients by over 200%. The company looks poised to take...
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The Green Organic Dutchman Completes Initial Public Offering

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The Green Organic Dutchman Holdings Ltd. (TSXL: TGOD)  announced this morning that the company completed an initial public of 31,510,000 units at a price of $3.65 per unit to generate a total of $115,011,500 for the company. Each unit of the public offering consists of one common share and one-half...
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Aurora Cannabis Gains Rights to Patented Sublingual Cannabis Delivery Technologies

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Aurora Cannabis (TSX: ACB), CanniMed Therapeutics (TSX: CMED), and CTT Pharmaceutical Holdings (OTC: CTTH) have entered into a three-way agreement that will provide Aurora Cannabis the exclusive rights to distribute CTT Pharmaceuticals patented cannabinoid delivery technology. The six patents received by Aurora are related to cannabinoid delivery for pain management...
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Aurora Cannabis Finalizes Acquisition of CanniMed Therapeutics

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Aurora Cannabis (TSX: ACB) (OTCQB: ACBFF) announced this morning that the company has finalized acquisition of 95% of CanniMed Therapeutics (TSX: CMED) outstanding shares to complete “the largest acquisition in cannabis industry history.” Aurora Cannabis plans to acquire the remaining of CanniMeds outstanding shares through compulsory share acquisition. By completing...