Aurora Cannabis Inc. Common Shares (ACB) Company Bio
Aurora Cannabis, Inc. is engaged in the production and distribution of medical cannabis. The company is vertically integrated and horizontally diversified across every key segment of the value chain, from facility engineering and design to cannabis breeding and genetics research, cannabis and hemp production, derivatives, home cultivation, wholesale and retail distribution. Its purpose-built facilities, which integrate technologies across all processes, are defined by automation and customization. The Company has a funded capacity of more than 500,000 kilograms per year, as well as sales and operations in 18 countries worldwide. It was founded by Terry Booth and Steve Dobler on December 21, 2006 and is headquartered in Vancouver, Canada.
Top Aurora Cannabis executives were rewarded with millions of dollars in bonuses and raises for the fiscal year ended June 30, the company disclosed, despite mass layoffs and a loss exceeding 3 billion Canadian dollars ($2.3 billion). The Alberta-based company disclosed the figures for the fiscal year in a proxy circular sent ahead of its […] Aurora Cannabis execs saw raises, bonuses despite multibillion-dollar loss is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
This article focuses attention on 20 publicly traded, pure cannabis companies that on September 21, 2020, had the market capitalizations of at least $100 billion. Gross profit, operating income and operating expenses expressed as percentages of total revenue before adjustment for biologicals are presented to shed light on company profitability...
Aurora's less-than-impressive results and tepid outlook sent the stock lower by 51% in September 2020. The post Why Aurora Cannabis (TSX:ACB) Stock Slumped Over 50% Last Month appeared first on The Motley Fool Canada .