|Bid||1.6300 x 0|
|Ask||1.6900 x 0|
|Day's Range||1.6100 - 1.7000|
|52 Week Range||1.1900 - 2.6600|
|Beta (3Y Monthly)||0.53|
|PE Ratio (TTM)||N/A|
|Earnings Date||Dec 16, 2019 - Dec 20, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2.65|
TORONTO , Nov. 14, 2019 /CNW/ - Aurora Cannabis Inc. ("Aurora" or the "Company") (NYSE | TSX: ACB), the Canadian company defining the future of cannabis worldwide, announced today that it has provided notice to all holders (the "Debentureholders") of the Company's CAD$230 million 5% unsecured, convertible debentures due March 9, 2020 (the "Debentures") of an opportunity to voluntarily convert their Debentures at the Amended Early Conversion Ratio (as defined herein). All Debentureholders will be able to convert their Debentures at the Amended Early Conversion Ratio during the period commencing on November 18, 2019 and ending at 5:00 p.m. ( Toronto time) on November 20, 2019 (the "Early Conversion Period").
So far, Aurora Cannabis has struggled this year. On Tuesday, the company signed an exclusive and royalty-bearing commercial license agreement with EnWave.
EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the “Company”) reports today that EnWave and Aurora Cannabis Inc. (“Aurora”) (ACB.TO) (ACB.TO) a global leader in the cannabis industry, have signed an exclusive, royalty-bearing commercial license agreement with sub-licensing rights (the “Agreement”) to use the Company’s proprietary Radiant Energy Vacuum (“REV™”) dehydration technology for the drying of cannabis in Australia. Aurora will hold an exclusive master license for the drying of cannabis using REV™ in Australia and will work closely with EnWave to pursue sub-licensing opportunities. If certain minimum commercialization requirements are met, Aurora will receive an undisclosed share of royalties derived from any cannabis product dried with REV™ technology by sub-licensees in Australia.
EDMONTON , Oct. 16, 2019 /CNW/ - On the one-year anniversary of consumer legalization in Canada , Aurora Cannabis Inc. ("Aurora") (NYSE | TSX: ACB), the Canadian company defining the future of cannabis worldwide, announced plans for the roll-out of vapes, concentrates, and edibles when they are permitted for sale to consumers in December. The Company has prioritized its resources to prepare for a successful initial launch that will support an ongoing replenishment strategy to help ensure consumers across Canada will have access to a diverse portfolio of high-quality derivative products they want to buy. Photos are available on Aurora's Investor website HERE.
EDMONTON and HAMILTON, ON , Oct. 8, 2019 /CNW/ - Aurora Cannabis Inc. ("Aurora") (NYSE | TSX: ACB), the Canadian company defining the future of cannabis worldwide, and CTT Pharmaceutical Holdings, Inc., ("CTT") (OTC | CTTH) announced today the successful commercialization of CTT's cannabinoid-infused sublingual wafers. The new cannabis product line, a first of its kind, has been launched by Aurora in the Canadian medical cannabis market under the brand name "Dissolve Strips™".
EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave,” or the "Company”) today announced that NutraDried Food Company LLC (“NutraDried”), a wholly-owned subsidiary of EnWave, will install a third large-scale 120kW Radiant Energy Vacuum (“REV™”) machine to expand production capacity for its rapidly growing Moon Cheese® snack product line. EnWave’s Board of Directors has approved a capital investment budget of up to CA $8.0 MM for the Company to construct a new 120kW nutraREV® machine and to outfit the NutraDried manufacturing facility to allow for robust commercial growth.
EDMONTON , Oct. 3, 2019 /CNW/ - Aurora Cannabis Inc. (the "Company" or "Aurora") (NYSE | TSX: ACB), the Canadian company defining the future of cannabis worldwide, today provided a corporate update on its global operations, business units, and portfolio of strategic investments. As a global leader in cannabis revenues, cannabis production, research, innovation, and international market development, the Company will provide regular, quarterly updates to its stakeholders in an effort to demonstrate continued transparency and disclosure. The Company also launched today, Aurora Insider, an investor focused blog which will provide regular updates and insight into the operations at Aurora.
Bonduelle introduced its InFlavor brand of premium frozen vegetables to many food service clients in early 2019, generating material commercial interest including receiving The Grande Enterprise award for its revolutionary InFlavor process from ADRIQ. Based on Bonduelle’s positive commercial momentum, EnWave had previously agreed to extend Bonduelle’s exclusivity period to use its Radiant Energy Vacuum (“REV™”) technology for the production of dehydrofrozen vegetables in North America until September 30, 2019. This extension included a requirement to purchase a commercial-scale 400kW REV™ machine prior to the aforementioned date.
EnWave Corporation (TSX.V:ENW | FSE:E4U) ("EnWave" or the "Company"), a global leader in vacuum microwave dehydration technology, announces that its board of directors has adopted a shareholder rights plan (the "Rights Plan"). The Rights Plan has been adopted to ensure, to the extent possible, that all shareholders of the Company are treated fairly and equally in connection with any take-over bid or other acquisition of control of the Company. The Rights Plan has not been adopted in response to any specific take-over bid or other proposal to acquire control of EnWave and EnWave is not aware of any such pending or contemplated proposals.
EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave,” or the "Company") reports today that it has signed a royalty-bearing commercial license agreement (the “License”) with Patatas Fritas Torres S.L. (“Patatas Fritas Torres”). The License grants Patatas Fritas Torres the non-exclusive right to process a variety of premium cheese snack products in Spain. Patatas Fritas Torres has purchased a 10kW commercial Radiant Energy Vacuum (“REV™”) machine to initiate commercial production of new premium cheese snack products using EnWave’s proprietary dehydration technology.
EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the “Company”) announced today that it has signed a Research and Development License Agreement (the “Agreement”) with Moorepark Technology Limited (“MTL”). Under the Agreement, MTL will use the REV™ machinery for research and development purposes to market EnWave’s REV™ technology to key stakeholders in the Irish food manufacturing industry seeking to develop innovative, premium food products.
EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the "Company") reported today that it has signed a royalty-bearing commercial license agreement (the “License”) with Kameya Foods Corporation (“Kameya Foods”). Established in 1947, Kameya Foods started as a Japanese pickle manufacturing company in Shinshuku, Shimizu-cho. Situated in an agriculturally diverse environment, it has access to a variety of local, high-quality raw materials, which include some of Japan’s best-quality wasabi grown at the edge of Mt. Amagi, fresh vegetables and seafood from Suruga Bay.
Aurora Cannabis Announces Sale of Remaining Shares in The Green Organic Dutchman Sale of Non-Core Holdings Raises Gross Proceeds of $86.5 Million
EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the "Company") announced today that it has granted an aggregate of 870,000 incentive stock options pursuant to the Company’s Stock Option Plan (the “Plan”) to one director and certain employees of the Company. The incentive stock options are exercisable at a price of $2.19 per share, the last closing price per share on the Company’s common shares on the TSX Venture Exchange (“TSXV”) on the date of the grant.
EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the “Company”) reports today that it has signed a royalty-bearing commercial sublicense (the "License") with Glasshouse Botanics Inc. (“Glasshouse Botanics”). Glasshouse Botanics cultivates high-quality medicinal cannabis at its licensed facility in Ontario, Canada. The License grants Glasshouse Botanics a non-exclusive right to use EnWave’s proprietary Radiant Energy Vacuum (“REV™”) dehydration technology for the drying of cannabis in Canada.