Topic: How To Invest

Q: Pat: I know you have looked at a number of marijuana stocks lately and they are all very interesting to hear about. What is your opinion of Aurora Cannabis? Thanks.

Article Excerpt

A: Aurora Cannabis Inc., $9.67, symbol ACB on Toronto (Shares outstanding: 961.0 million; Market cap: $9.3 billion;, is an Edmonton-based producer and distributor of both medical and recreational cannabis and cannabis oils. It owns eight production facilities, seven in Canada and one in Denmark, and has a business presence in 18 countries. On October 23, 2018, its shares also began trading on the New York exchange under symbol ACB. Aurora Cannabis is currently the second largest cannabis company in the world by market capitalization (after Canopy Growth). The company aims to become a global leader in the cannabis industry, with a wide and diverse product line. To do this, it is following an aggressive strategy of acquisitions, partnerships, and investments in production. These include the following: Canvas Rx, a wholly owned subsidiary of Aurora, is a Canadian network of cannabis counselling and outreach centres. To date, CanvasRx has assisted over 42,200 patients. In May 2017, it acquired Pedanios GmbH of Germany, a leading wholesale…

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