ACB.TO - Aurora Cannabis Inc.

Toronto - Toronto Delayed Price. Currency in CAD
12.98
+0.71 (+5.79%)
As of 12:47PM EDT. Market open.
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Previous Close12.27
Open12.96
Bid13.01 x 0
Ask13.02 x 0
Day's Range12.90 - 13.48
52 Week Range2.65 - 15.20
Volume37,452,366
Avg. Volume19,779,122
Market Cap12.355B
Beta-0.93
PE Ratio (TTM)N/A
EPS (TTM)-0.03
Earnings DateSep 25, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est10.10
  • CNW Group3 hours ago

    Aurora Cannabis Partners with Elevate to Create Cannabis Education Tracks Featuring Industry Leaders

    TORONTO , Sept. 25, 2018 /CNW/ - One of Canada's leading licensed producers, Aurora Cannabis, has partnered with Elevate, Canada's Tech Week, to present a stand-out roster of panel discussions and interactive sessions with innovators and pioneers in the cannabis industry. As a gold partner of Elevate, Canada's largest tech and innovation festival, Aurora has been instrumental in shaping the Elevate Cannabis and Elevate Health tracks that will feature leading experts in research, medicine, finance and entrepreneurship in the cannabis industry.

  • MarketWatch19 hours ago

    Aurora Cannabis releases earnings, confirms U.S. listing plans

    Aurora Cannabis Inc. released fiscal fourth-quarter earnings late Monday and confirmed its intention to list stock on a "senior" U.S. exchange such as the Nasdaq or the New York Stock Exchange. "Listing our shares on a senior U.S. exchange reflects the level of corporate and business maturity and our high-paced execution," Aurora Chief Executive Terry Booth said. "This listing provides access to a broader investor audience who gain the opportunity to participate in our continued success." The company's top line grew 223% to C$19.1 million, up from C$5.9 million in the year-earlier quarter. Aurora logged earnings of C$79.9 million, up from losses of C$4.8 million in last year's quarter; in its financial statements Aurora said the quarter's profits were related to unrealized non-cash gains on derivatives and other marketable securities. Gross profit was C$20.6 million, up from C$5.8 million in the year-ago quarter. The company said it produced 2,212 kilograms of pot and sold 1,617 kilograms, up 90% and 114% respectively compared with the year-earlier period. Aurora stock is listed on the pink sheets in the U.S. and on the TSX. Toronto-listed shares have gained 28% this year, as the S&P 500 index rose 9.2%.

  • CNW Groupyesterday

    Micron Waste Reports Outcome of Cannabis Waste System Trial with Aurora Cannabis

    The Company's proprietary software further optimized the compliance process through comprehensive data collection and recordkeeping. VANCOUVER , Sept. 24, 2018 /CNW/ - Micron Waste Technologies Inc. ("Micron" or the "Company") (CSE: MWM, OTC: MICWF, Frankfurt : 7FM2), a leading developer of waste digesters for food and cannabis waste, today reported positive results from the optimization of the Cannavore™ cannabis waste processing units with Aurora Cannabis Inc. ("Aurora") (ACB.TO).

  • CNW Group4 days ago

    Aurora Cannabis to Host Fourth Quarter 2018 Investor Conference Call on September 25, 2018

    Aurora Cannabis to Host Fourth Quarter 2018 Investor Conference Call on September 25, 2018

  • ACCESSWIRE4 days ago

    Marijuana Stock Report For Friday September 21, 2018

    CORAL GABLES, FL / ACCESSWIRE / September 21, 2018 / Marijuana stocks have remained on a high during the month of September and pre market trading has a number of these cannabis stocks heading higher. Traders have flocked to medical-marijuana producers like Tilray (TLRY), for instance, after the company won approval from the Drug Enforcement Administration to import a cannabis product drug into the U.S. for a clinical trial. With this being the case, there are multiple cannabis companies to look at as the October date in Canada comes closer.

  • What’s the Estimated Market for Medical Cannabis in the US?
    Market Realist4 days ago

    What’s the Estimated Market for Medical Cannabis in the US?

    Cannabis Legalization: Will the US Follow Canada's Lead? The cannabis market potential in the US is perhaps the most appealing of all to cannabis companies. Aurora Cannabis (ACB) (ACBFF) in its April 2018 investor presentation showed that the estimated market potential for medical cannabis in the US exceeded the markets in 15 countries where medical cannabis laws were pending approval at the federal level.

  • Cannabis Legalization: Will the US Follow Canada’s Lead?
    Market Realist4 days ago

    Cannabis Legalization: Will the US Follow Canada’s Lead?

    Cannabis Legalization: Will the US Follow Canada's Lead? The cannabis sector (HMMJ) in Canada has elicited hopes that the US may also move towards legalizing cannabis at some point. Currently, cannabis is still not legal at the federal level, but some states have ruled to legalize cannabis for medical purposes, while some states have legalized recreational use as well.

  • MarketWatch4 days ago

    Medical marijuana company Aleafia added to Horizons Marijuana ETF

    Canadian medical marijuana company Aleafia Health Inc. has been added to the Horizons Marijuana Life Sciences exchange-traded fund , the company said Friday. HMMJ is the first and biggest ETF offering exposure to the North American cannabis market with holdings that include Canadian players Aurora Cannabis Inc. and Canopy Growth Corp. . The ETF has gained 37% in 2018 as excitement builds ahead of Canada fully legalizing cannabis on Oct. 17. Aleafia is expecting to reach growing capacity of 38,000 kg of cannabis flower in 2019. The company has 50,000 individual patients using medical marijuana and on Thursday announced a partnership with Cronos Group Corp. on a study of the substance as a treatment for insomnia. Shares have gained 193% in 2018, while the S&P 500 has gained 9.6%.

  • How Cannabis Stocks’ Enterprise-Value-to-Sales Multiples Stack Up
    Market Realist5 days ago

    How Cannabis Stocks’ Enterprise-Value-to-Sales Multiples Stack Up

    In the earlier part of this series, we looked at cannabis companies’ median EV-to-sales (enterprise value-to-sales) multiple, which stood at 12.7x as of September 19. The median is based on the results of nine cannabis companies.

  • Take a Look at Valuations before Jumping into Cannabis Stocks
    Market Realist5 days ago

    Take a Look at Valuations before Jumping into Cannabis Stocks

    Cannabis stocks (HMMJ) have soared in recent weeks in anticipation of October 17, the date when recreational cannabis sales are slated to begin in Canada. Some of the stocks have grown exponentially, challenging the rationality of such movement. For example, Tilray (TLRY) has soared over 1,000% as of September 19 since its IPO (initial public offer) date in July 2018.

  • ACCESSWIRE6 days ago

    Marijuana Stocks Continue To Soar, 3 To Watch This Week

    What started last year with Constellation Brands (STZ) getting involved with the likes of Canopy Growth (CGC) has sparked a firestorm of additional interest from other companies. Furthermore, it has been reported that alcohol company, Diageo (DEO) is showing interest and speaking with 3 other cannabis companies for a potential entry into the space. Integrated Cannabis Company is trading nearly 100% higher than it was a month ago.

  • CNW Group6 days ago

    Aurora Cannabis Completes Distribution of Australis Capital

    WKN: A1C4WM), today announced that it has completed its previously announced distribution of Australis shares and warrants (the "Distribution"). In accordance with the terms of the Distribution, eligible Aurora shareholders were paid one unit of Australis for every 34 Aurora shares outstanding as at August 24, 2018 (the "Record Date). Each unit consists of one common share and one share purchase warrant of Australis.

  • Australis Capital Inc. Commences Trading on Canadian Stock Exchange
    CNW Group6 days ago

    Australis Capital Inc. Commences Trading on Canadian Stock Exchange

    LAS VEGAS , Sept. 19, 2018 /CNW/ - Australis Capital Inc. (CSE:AUSA) ("Australis"), an emerging investment company primarily focused on the U.S. cannabis industry, announced today the commencement of trading on the Canadian Stock Exchange (CSE) under the ticker "AUSA". This is immediately following the completion of the distribution of common shares and warrants of Australis by Aurora Cannabis (ACB.TO) to its shareholders. "The Australis team is excited to begin trading today and grateful to our friends at Aurora Cannabis as the genesis to what will be a compelling and complimentary US mandate," stated Scott Dowty , Chief Executive Officer of Australis.

  • Tilray leads cannabis stocks higher as sector continues to rally
    MarketWatch6 days ago

    Tilray leads cannabis stocks higher as sector continues to rally

    Cannabis stocks were mostly higher again, led by Tilray Inc., which rallied sharply on news that the U.S. Drug Enforcement Administration has approved its plan to import a marijuana product and test its efficacy in treating a neurological disorder that affects millions of Americans.

  • Aurora Cannabis Comments on Coca-Cola Development
    Market Realist7 days ago

    Aurora Cannabis Comments on Coca-Cola Development

    On September 17, BNN Bloomberg reported that Coca-Cola was in talks with Aurora Cannabis (ACB)(ACBFF) to develop a CBD-based (cannabidiol) recovery drink to ease pain, inflammation, and cramping. As a result of this report, the investment community saw a major company taking interest in the marijuana industry, which further underscores the seriousness of the cannabis sector.

  • Stocks - Midday Movers: Cannabis Soars, Consumer Staples Slump
    Investing.com7 days ago

    Stocks - Midday Movers: Cannabis Soars, Consumer Staples Slump

    Investing.com - Cannabis stocks were off to the races again midday after a regulatory announcement, while consumer staples were hit by a double whammy of trade tensions and weak earnings.

  • CNW Group7 days ago

    Aurora Cannabis Positioned Coast to Coast with Provincial Supply Arrangements Appoints Darren Karasiuk as Executive Vice President of Adult Usage, Global

    WKN: A1C4WM) today announced it, and its wholly-owned subsidiary MedReleaf, have entered into additional supply arrangements with a number of provinces across Canada to supply a broad range of dried flower and higher margin products, such as pre-rolls, oils and capsules. In addition to supplying adult-consumer use markets in British Columbia , Alberta , Ontario , Quebec and Nova Scotia , the Company is pleased to advise of arrangements with Yukon , Manitoba , Prince Edward Island and Newfoundland and Labrador . The Aurora and MedReleaf brands are expected to have a strong presence across Canada , positioning the Company well for rapid growth in the upcoming adult use market.

  • MarketWatch7 days ago

    Aurora Cannabis says it currently has no partnership with a beverage company

    Aurora Cannabis Inc. said Tuesday, in response to a regulator's request for comment regarding media reports, that it currently had "no agreement, understanding or arrangement" with respect to a partnership with a beverage company. The stock rallied 5.3% in morning trade. On Monday, the stock soared 18% after a report that Coca-Cola Co. had been in talks with the company. Coke had declined to comment, but confirmed it was closely watching the growth of non-psychoactive CBD as an ingredient in beverages. On Tuesday, Aurora said its policy is not to comment on speculative media reports, but the Investment Industry Regulatory Organization of Canada (IIROC) requested a comment. Aurora's U.S.-listed shares have run up 18% over the past three months, while Coke shares have gained 6.1% and the Dow Jones Industrial Average has tacked on 4.6%.

  • Reuters7 days ago

    Aurora says no deal with beverage makers for weed-based drinks

    (Reuters) - Aurora Cannabis Inc (ACB.TO) said on Tuesday it had not partnered with any beverage company, responding to a media report that Coca-Cola Co (KO.N) was in talks with the Canadian weed producer ...

  • CNW Group7 days ago

    IIROC Trade Resumption - ACB

    IIROC Trade Resumption - ACB

  • CNW Group7 days ago

    Aurora Cannabis Responds to Media Reports Concerning Rumoured Partnership with Beverage Companies

    Aurora Cannabis Responds to Media Reports Concerning Rumoured Partnership with Beverage Companies

  • ACCESSWIRE7 days ago

    3 Marijuana Stocks Benefiting From Latest Bull Trend

    CORAL GABLES, FL / ACCESSWIRE / September 18, 2018 / Cannabis stocks continue to soar as the market prepares for October 17 and the deadline for legal recreational marijuana sales in Canada. This week it was announced that Coca-Cola (KO) could be ready to throw its hat into the ring with a CBD-based beverage. Integrated Cannabis Company is trading 90% higher than it was a month ago today.

  • CNW Group7 days ago

    IIROC Trading Halt - ACB

    IIROC Trading Halt - ACB

  • How Coca-Cola Cannabis Drink Could Fit into Cannabis Market
    Market Realist7 days ago

    How Coca-Cola Cannabis Drink Could Fit into Cannabis Market

    Earlier in this series, we discussed a recent development in which Coca-Cola (KO) was reported to be in talks with Aurora Cannabis (ACB) (ACBFF) to develop a cannabis-infused drink (MJ). The planned legalization of recreational cannabis in Canada is presenting a new market for non-cannabis players to explore. Thus, it is no surprise to see that Canopy Growth (CGC) (WEED) and HEXO (HEXO) have both pursued deals with alcoholic beverage companies.

  • Cannabis Stocks Get Another Boost from Coca-Cola Interest
    Market Realist7 days ago

    Cannabis Stocks Get Another Boost from Coca-Cola Interest

    On September 17, BNN Bloomberg reported that Aurora Cannabis (ACB) (ACBFF) and Coca-Cola (KO) are in “serious talks” to develop cannabis-infused beverages. Coca-Cola joins alcoholic beverage makers Constellation Brands (STZ) and Molson Coors (TAP), which have already formed partnerships with major Canadian cannabis companies Canopy Growth (WEED) (CGC) and HEXO (HEXO), respectively.