Aurora Cannabis Inc (TSE:ACB | NYSE:ACB) "Highest Revenue Industry Has Ever Seen"

Aurora Cannabis Inc (TSE:ACB | NYSE:ACB) "Highest Revenue Industry Has Ever Seen"

Aurora Cannabis Inc (TSE:ACB) (NYSE:ACB) (FRA:21P) CCO Cam Battley is ecstatic about the company’s Q1 2019 financial results, which saw Aurora’s pro-forma revenue increase 333 percent to .8 million. According to Battley, Aurora’s earnings are “by the far the most powerful revenue quarter that any cannabis company has delivered.” He’s impressed with how the company has performed at the advent of the legal recreational market in Canada and is effusive in his praise for Aurora’s logistics team, which ensured the company’s 250 SKUs were shipped to 12 different jurisdictions across the nation, representing 98 percent of the Canadian population. This allowed Aurora to achieve 30 percent of all rec sales in Ontario and have the four top-selling products in British Columbia since legalization occurred. Battley isn’t worried about future oversupply and believes Aurora’s status as one of four companies with EU GMP certification will allow the company to continue its rapid growth.

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Aurora Cannabis Inc (TSE:ACB | NYSE:ACB) "Highest Revenue Industry Has Ever Seen"

19 thoughts on “Aurora Cannabis Inc (TSE:ACB | NYSE:ACB) "Highest Revenue Industry Has Ever Seen"

  1. I would lace tobacco with HTC, that way I could make a proper cigarette, or cigar. This would put the tobacco farmers back to work, and allow these expensive greenhouses to produce vegetables and fruits that we desperately need.

  2. The CFOs are naive to accept capital from offshore hedge fund..very very big shorter terrible for investors

  3. Thats what happens when you leave out All of the People who have been supplying cannibus for yrs in Canada without any quality problems Only the Government and greedy Lps. Force Fed not flushed properly and cut early Then they Irradiate It 🤪 🤪 🤪 🤪

  4. All these fools invested in Lps Cannabis its the worst product ever seen in Canada they'll keep loosing money until they stop irradiating and pecticide use Done Well 😂 😂 😂 😂 😂 he says tell that to the investors who are loosing there shirt 🍁 🙏 🍁

  5. Too many corporations have really screwed up legalization in Canada and Aurora is certainly one of them. Rip off prices, poor quality control and ridiculous packaging make their pot a must avoid for me. I am back to the black market where I pay less than half as much (as low as 135 an ounce, compare that to an ounce cost of 350-400 for this corporate crap and better weed to boot). I have been smoking pot for some 35 years now and the day I looked forward to for so long was a complete bust and just a con job on people who know little about pot.

  6. Something smells fishy here. 3 months since the crashed, I heard nothing but positive news about ACB, and yet, ACB's stock price reflect a very sobering contradiction. Invest in your own risks folks. I'm still puzzled how ACB's analyst publicise how great ACB is but it's stock price is at ground level. Maybe 3-5 yrs but don't believe the hype folks. This could possibly be another framework for another sell off.

  7. Buy your pot from those you trust. They did the same thing with tobacco. Took it over and added all their addictive chemicals. You are smoking their chemicals,.

  8. Please support Canada before other Countries with Cannabis. This is an embarrassment for Canada and legalization. Poor Alberta store openers held up now by Alberta Liquor and Gaming Commission due to short supply. Local 1st, not greed and money

  9. I wish they could address the amount of outstanding shares out there and what they plan to do going forward about it

  10. Aurora's costs have escalated and that makes the market nervous ..market wants to see signs that ACB will become profitable

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