ACB.TO - Aurora Cannabis Inc.

Toronto - Toronto Delayed Price. Currency in CAD
8.06
-0.56 (-6.50%)
At close: 4:58PM EDT
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Previous Close8.62
Open8.51
Bid8.05 x 0
Ask8.06 x 0
Day's Range8.05 - 8.57
52 Week Range2.05 - 15.20
Volume8,370,230
Avg. Volume9,681,271
Market Cap4.568B
Beta0.15
PE Ratio (TTM)N/A
EPS (TTM)-0.03
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est9.88
  • CNW Group15 hours ago

    High Hampton Engages Leading Global Greenhouse Design Firm Aurora Larssen Projects Inc. for Design and Support of CoachellaGro Cannabis Cultivation Facility

    High Hampton Engages Leading Global Greenhouse Design Firm Aurora Larssen Projects Inc. for Design and Support of CoachellaGro Cannabis Cultivation Facility

  • CNW Group19 hours ago

    Aurora Cannabis Selects Shopify to Power Global ECommerce Platform

    WKN: A1C4WM) announced today that it has reached an agreement with Shopify Inc. ("Shopify"), one of the world's leading multi-channel, online commerce companies, to leverage the Shopify platform as Aurora's ecommerce engine for medical and recreational cannabis distribution globally. Working closely with Aurora Cannabis' industry-leading software engineering team, Shopify will assist in transitioning Aurora's current ecommerce site to a new, Shopify-developed platform, improving the customer experience for Aurora's current medical and future adult consumer use customers.

  • GlobeNewswire2 days ago

    The Green Organic Dutchman Responds to Hamilton City Council Vote

    The Green Organic Dutchman Holdings Ltd. (the “Company” or “TGOD”) (TGOD.TO) (TGODF) issues the following statement following the vote by Hamilton City Council yesterday. Hamilton City Council voted to reverse the positive decision by the Planning Committee of Council on Wednesday, July 11, 2018 to pass the zoning amendment related to TGOD’s Hamilton Phase Two greenhouse expansion, representing approximately 6.5% of TGOD’s total planned 170,000 kg production. This vote was contrary to the recommendations of Hamilton City staff.  TGOD has prepared an appeal application and will be filling it with the Local Planning Appeal Tribunal (LPAT) in the coming days.

  • British Columbia Releases List of 31 Cannabis Suppliers
    Market Realist4 days ago

    British Columbia Releases List of 31 Cannabis Suppliers

    British Columbia’s Liquor Distribution Branch released its list of 31 suppliers that are to provide cannabis to the province for non-medical use. The notable companies that signed memoranda of understanding with the Liquor Distribution Branch to supply cannabis include Canopy Growth (CGC)(WEED), Aurora Cannabis (ACB)(ACBFF), MedReleaf (MEDFF), and Aphria (APHQF). Compared to other Canadian provinces that announced their lists of suppliers, British Columbia has one of the most diversified lists (HMMJ), which should give a wide range of diversity to the province.

  • Aurora Cannabis Announces Partnership with Cosmetic Company
    Market Realist5 days ago

    Aurora Cannabis Announces Partnership with Cosmetic Company

    On July 11, Aurora Cannabis (ACB) (ACBFF) announced it had established an agreement with Evio Beauty Group to develop cosmetic products that are hemp-based and CBD-based. According to the press release, the CBD-based products will be infused with CBD (a cannabis compound), while the hemp-based products will be non-infused cosmetic products.

  • Canaccord Genuity Increased Canopy Growth’s Target Price
    Market Realist5 days ago

    Canaccord Genuity Increased Canopy Growth’s Target Price

    On July 10, Canopy Growth (WEED) (CGC) entered into an agreement to acquire Hiku Brands. Following the news, Canaccord Genuity raised Canopy Growth’s target price to $34 from the previous target of $32. Canaccord Genuity thinks that the Hiku Brands acquisition will help Canopy Growth enhance its retail presence in western Canada.

  • Aurora Cannabis Moves to Grab Pre-Roll Cannabis Market Segment
    Market Realist5 days ago

    Aurora Cannabis Moves to Grab Pre-Roll Cannabis Market Segment

    Aurora Cannabis (ACB) (ACBFF) has made a move to grab the pre-roll cannabis market segment. The company announced on July 11 that it entered a joint partnership with Wagner Dimas through a cash and share transaction contingent on milestone achievement. Under this partnership, a new Canadian company will be formed to which Wagner Dimas will assign its intellectual property.

  • The Wall Street Journal5 days ago

    [$$] How Green Is Big Weed?

    In a couple of months, you’ll be able to buy cannabis legally for recreational use everywhere in Canada, and that’s made the nation the world’s hottest stock play for weed. About 90 public companies there aim to cash in on legalization, but a mere handful of them account for more than half the industry’s stock-market capitalization. Green investors might be attracted to these stocks, but it is hard to know how well these Big Weed companies measure up to standards for environmental, social, and governance investing.

  • What EV-to-EBITDA Multiples Say about the Cannabis Sector
    Market Realist5 days ago

    What EV-to-EBITDA Multiples Say about the Cannabis Sector

    In the earlier parts of this series, we discussed EV-to-sales valuation multiples for some of the cannabis stocks (SEED). However, to get a better understanding of whether the cannabis sector is in the overbought or oversold territory, we’ll look at more than one valuation multiple. In this article, we’ll discuss how the EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) has changed over the last month.

  • CNW Group6 days ago

    Aurora Cannabis Joint Partnership with Wagner Dimas Disrupts Pre-Roll Market

    WKN: A1C4WM) announced today that the Company has entered into an agreement with Wagner Dimas Inc. ("Wagner Dimas") the transaction includes cash and the issuance of common shares of Aurora relative to the achievement of certain milestones for the joint commercialization of Wagner Dimas's technology. This technology targets the high-volume, higher-margin pre-rolled segment of the cannabis market. Under the terms of the agreement, Aurora and Wagner Dimas will form a new Canadian entity to which Wagner Dimas has agreed to assign intellectual property with exclusive rights to Aurora.

  • CNW Group6 days ago

    Aurora Cannabis and Evio Beauty Group Agree to Strategic Partnership

    WKN: A1C4WM) announced today that it has established a partnership agreement ("the Agreement") with Evio Beauty Group Ltd. ("Evio Beauty") pursuant to which Aurora has made a strategic investment in Evio Beauty. Under the terms of the Agreement, Aurora and Evio Beauty Group will collaborate to develop a line of co-branded hemp seed oil cosmetic products ("Non-Infused Products") as well as a collection of CBD infused cosmetic products ("Infused Products").

  • CNW Group6 days ago

    Aurora Cannabis Acquires Exclusive Canadian License for World-Leading Pre-Roll Technology from CannaRoyalty

    WKN: A1C4WM) and CannaRoyalty Corp. (CRZ.CN) (CNNRF) ("CannaRoyalty") (together the "Companies") today announced that the Companies have signed a binding term sheet (the "Agreement") whereby Aurora is purchasing CannaRoyalty's exclusive Canadian license to use and commercialize pre-roll technology developed by Wagner Dimas for an aggregate consideration of C$7 million in Aurora common shares (the "Purchase Price"). "Pre-rolls are a rapidly growing, in-demand segment of the international cannabis market and the Wagner Dimas's technology has substantial competitive advantages over peers in terms of throughput, quality and diversity," said Terry Booth , CEO of Aurora.

  • The Case for Cannabis Sales beyond Canada
    Market Realist8 days ago

    The Case for Cannabis Sales beyond Canada

    In this article, we’ll look at other sales catalysts for cannabis producers (SEED) such as Canopy Growth (WEED) (CGC), Aurora Cannabis (ACB) (ACBFF), and Aphria (APHQF).

  • How Producers Can Use Pricing to Expand Sales
    Market Realist8 days ago

    How Producers Can Use Pricing to Expand Sales

    In the earlier part of this series, we discussed how provincial governments in Canada could take various approaches to selling recreational cannabis to customers after legalization. In provinces where cannabis producers sell directly to a government entity, companies such as Canopy Growth (CGC) (WEED), Aurora Cannabis (ACB), Organigram (OGRMF), and others will have limited access to customers.

  • GlobeNewswire8 days ago

    The Green Organic Dutchman Letter to Shareholders

    The Green Organic Dutchman Holdings Ltd. (the “Company” or “TGOD”) (TGOD.TO)(TGODF) is a company built on innovation with the goal of becoming the largest organic cannabis producer in the world. The path is clearly evident from the way we have financed the Company with our retail first approach, to our strategic hires, recent expansion, exclusive licensing deals, entering international markets and most importantly, TGOD’s organic differentiation. The transition from Mr. Robert Anderson to myself although abrupt and untimely, was one that was a planned evolution before the end of the year.

  • How Retail Landscape Could Limit Cannabis Producers’ Sales
    Market Realist8 days ago

    How Retail Landscape Could Limit Cannabis Producers’ Sales

    In the earlier parts of this series, we discussed the format in which cannabis products will be available to customers. In this part, we’ll discuss how the product will reach customers.

  • GlobeNewswire8 days ago

    Micron Awarded Industrial Design Certificate of Registration for Food and Cannabis Waste Digester  

    Micron Waste Technologies Inc. (the “Company”) (CSE:MWM) (MICWF) (7FM2.F), a leading developer of aerobic digester solutions for the treatment of organic food and cannabis waste, has been awarded an Industrial Design Certificate of Registration from the Canadian Intellectual Property Office (CIPO) for its commercial Organic Waste Digester Unit. Micron’s Application Number 177758 sought and won intellectual property protection for innovative features unique to Micron’s unit, which processes both food waste and cannabis plant waste on a commercial scale.

  • Why Product Landscape Design Matters for Cannabis Stocks
    Market Realist11 days ago

    Why Product Landscape Design Matters for Cannabis Stocks

    Given that a big portion of customers will transition from illicit sources to regulated legal sources, it’s reasonable to think that the initial products will be similar to what’s available in the illicit market. The popularity of various cannabis consumption methods could guide the product landscape design for cannabis companies (MJ) such as Canopy Growth (CGC) (WEED), Aurora Cannabis (ACB), and Aphria (APHQF).

  • CNW Group11 days ago

    ISS and Glass Lewis Recommend Aurora Cannabis Shareholders Vote in Favour of the MedReleaf Acquisition and Australis Capital Spin-Out

    WKN: A1C4WM) is pleased to announce that Institutional Shareholder Services Inc. ("ISS") and Glass Lewis and Co., LLC ("Glass Lewis"), two leading advisory firms, have recommended that shareholders of Aurora vote for the Share Issuance Resolution with respect to the plan of arrangement to acquire all of the shares issued and outstanding of MedReleaf Corp. ("MedReleaf") (the "Transaction").

  • CNW Group11 days ago

    Aurora Cannabis Receives Competition Bureau Clearance for MedReleaf Acquisition

    Aurora Cannabis Receives Competition Bureau Clearance for MedReleaf Acquisition

  • GlobeNewswire11 days ago

    Cannabis Act Regulations Indicative of Radient Technologies’ Role in Industrial-Scale Cannabis and Hemp Value Chains

    Radient Technologies Inc. (“Radient” or the “Company”) (TSX Venture:RTI), is encouraged by Health Canada’s recently introduced Cannabis Regulations and Industrial Hemp Regulations in accordance with the Cannabis Act – a new legal framework that puts in place a comprehensive public health approach to cannabis in Canada. On June 27, 2018, the Cannabis Regulations and the new Industrial Hemp Regulations (collectively, the “Regulations”) were introduced by the Government of Canada, following the June 21, 2018 receipt of Royal Assent for the Cannabis Act.

  • What Analysts Have in Store for Aurora Cannabis in July
    Market Realist12 days ago

    What Analysts Have in Store for Aurora Cannabis in July

    Unlike Canopy Growth (CGC) (WEED), Aurora Cannabis (ACB) (ACBFF) has not reported its recent earnings and has not announced its upcoming earnings date. The impact of these two companies will be something to watch whenever the company releases its earnings. To learn more about the acquisition, read MedReleaf Stock Rises on Aurora Cannabis Acquisition. It had a consensus price target of 9.63 Canadian dollars and a median price target of 9.50 Canadian dollars.

  • Canopy Growth Consensus: Price Target Rises in July
    Market Realist12 days ago

    Canopy Growth Consensus: Price Target Rises in July

    On June 27, Canopy Growth (CGC) (WEED) reported its fourth-quarter earnings, which fell short of expectations. However, the stock was upgraded by three investment firms on a positive outlook for the sector (HMLSF).

  • CNW Group12 days ago

    Aurora Cannabis Establishes Supply Agreement with the Alberta Gaming, Liquor & Cannabis Commission (AGLC)

    WKN: A1C4WM) today announced that it has entered into an agreement with the Alberta Gaming, Liquor & Cannabis Commission ("AGLC") to supply high-quality cannabis products for the adult consumer use market in the province. Consequently, Aurora will initially allocate up to 25,000 kg of product for the first 6 months of sales to this market.

  • CNW Group14 days ago

    Operational Update: Aurora Cannabis Receives Sales License for Vie Facility in Quebec; First Harvest at Aurora Sky

    On June 29, 2018 , eight months after receiving its cultivation license, the Aurora Vie production facility in Pointe-Claire, Quebec , has been granted its Health Canada sales license. The facility, now in full commercial operation, is on target to produce at a rate of 4,000 kg per year of high-quality cannabis by October 2018 .