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Aurora Cannabis Inc. (ACB)

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12.04+0.08 (+0.67%)
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  • W
    What...
    Aurora Announces Agreement with Great North Distributors Inc. For Canadian Retail Sales Execution

    Great North will be exclusive representative for Aurora’s leading portfolio of Canadian brands

     Aurora Cannabis Inc. (the “Company” or “Aurora”) (NYSE | TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, today announced it has entered into an agreement with Great North Distributors Inc. (“Great North”), Canada’s first national sales broker for legalized adult-use cannabis. Under the agreement, Great North will be the exclusive representative for Aurora’s leading portfolio of brands across the Canadian cannabis retail environment.
    “The agreement is designed to significantly bolster Aurora’s market position in Canada. Great North brings deep experience across the spectrum of sales capabilities that will further differentiate Aurora as a leader in the growing cannabis space,” said Miguel Martin, CEO, Aurora Cannabis. “We have selected Great North for their outstanding execution across regulated businesses. Combining their executional strength with Aurora’s leading portfolio of brands is a recipe for success.”
    Great North has reach across every province in Canada, including established relationships and expertise in working with provincially-owned and operated retailers and private retailers in Canada’s cannabis industry. Great North applies industry-leading data analytics capabilities to the sector, providing suppliers with a powerful data-driven approach to cannabis sales.
    “Adding Aurora to our portfolio of companies we proudly represent is a signal of our market leadership,” said Doug Wieland, President, Canada – Southern Glazer’s Wine & Spirits and Great North Distributors. “Great North has executed in the Canadian cannabis market since day one and will immediately bring value in sales execution to Aurora. Aurora has entrusted their family of brands in our team and we look forward to delivering exceptional results.”
    Great North will assume responsibility for Aurora’s sales execution on January 25, 2021.
  • A
    Anthony
    Upcoming Q should have very strong revenue. Those who have been on this board a while know I track inventory levels on OCS and Headset data for ACB. They’ve got top sellers in multiple categories. Their new products launched on October 15th instantly took the #1 and #2 spots on OCS top sellers (OG Kush and Sour Diesel Vape), then on October 29th the Peach Serene Gummy launched and also was an instant top seller. Inventory levels for the prior quarter were low, with less than 55% of items in stock for a 2 month period. You can’t sell products if the shelves are empty....In the period of October-December their inventory levels reached 70%+ consistently. Let’s see what this next earnings shows.
  • J
    J
    Mexico just approved regulations for medical MJ that allows for imports from other countries like Canada. ACB owns the only licences medical distribution company with an approval to import. ACB can now begin medical shipments to Mexico. I wouldn’t be surprised if they announce their first shipment in the next week. Reuters published the story.
  • J
    Jonathon
    Keep this in mind. News drives share prices and in this sector when one of these 4 stocks gets good news it drives them all. The Fab Four are Acb, Tilray, Canopy, Aphria
  • M
    Mariel
    The legal U.S. cannabis industry is expected to grow by a compound annual rate of 21% between 2019 and 2025. That will push legal weed sales from $13.2 billion in 2019 to an estimated $41.5 billion by mid-decade. So, Aurora Cannabis has all possibilities to grow as well. For more hot stocks like (ACB) just go to (http://trade-view.com).
  • N
    NEXT
    Smoking cannabis, driving an autonomous car, eating an artificial hamburger, swallowing green energy pills and injecting a Pfizer-Moderna vaccine .... who said life is not wonderful ?
  • j
    jeff
    This has been a very long road. But I’m so glad I held, because this is what we’ve been waiting for. I still have nearly 3 years left on my time horizon. Hopefully will be building my retirement dream home by then! Good luck and congratulations to all longs!
  • J
    Jonathan
    $15 CND by Jan 15
    $25 Feb 28
    $200 by December
    Laugh all you want but look at the cross on 5 year MJ stocks of big and small....Tilray will go $300 again. AUSA will give 40% shares and ACB is in the USA. People will realize the value of $120 pre split and this will jump while LHS, OGI, HEXO type stocks will follow on momentum. It’s going to be 2018 all over. Tech is overinflated, covid vaccine interest is done. Back to MJ sector HAPPY 2021 Longs!!!!
  • j
    joe
    Like to get the boards thoughts on any future merger or partnership with a US company. I look at HEXO and their relationship with molson/coors and their latest announcement. I do believe they will be taken out within 3-6 months. Long and strong ACB.
  • J
    Jonathon
    Logically, the only way to tap a market like the US with over 300 million people is to partner, joint venture, AUSA involvement. Now, on the CBD side Acb has Reliva which is the largest CBD distributor in the US. At the same time, Acb has got control of SGAs and their push for profitability is not far away. If the US opens up it’s a 60cdn stock pretty fast.
  • M
    Mark J
    Hmmm....All MJ stocks blowing up. How long can this go on? I am actually in the green big time on 3 of my 6 MJ stocks....NOT THIS ONE. NOT AUSA. NOT CHOOF. I will wait this one out or die waiting. Good thing I have a lot more than just MJ stocks. Good luck to all. I hope the trend continues and My USA eventually legalizes.
  • J
    JoeKamala2020
    $FCEL conversation
    Biden will announce $15 min wage, $160 billion towards vaccines, stimulus and I hope Marijuana legalization, green energy, paris agreement! $plug $nio $acb $tlry $gme $gm $gbtc $arkw
  • T
    Tito
    Miguel is a genius. Sales was what he said he would improve. He came in, he saw poor execution, lack of strategy, etc and is now outsourcing sales to take over the market. Building a sales culture would have taken longer internally, even with great strategy and execution. Great North will not only execute great sales but improve brand recognition. Fantastic decision. Let’s get back to 100 million + quarterly!
  • J
    Jonathon
    If the population of Canada is 38 million and 328 million in the USA and 127 million in Mexico. What do you think will happen when both Mexico and US open up? 10x to 15x of current Revenue numbers not to mention Europe.

    Revenue and Earning drive share prices. Don’t kid yourself it going to be a great next couple of years under a pro cannabis administration.
  • J
    JOSEPH G.
    The 12 to 1 reverse split sucked. The true reality is, this is a $1.00 per share stock right now, in disguise as a $12.00. per share stock.
    10000 shares turned into 833 shares after reverse split.
    I bought Aurora back in early 2017 for $1.20 per share. Presently I am getting close to breaking even.
    With Aphria and Cronos, both that I also purchased in 2017 did not have any reverse splits and I made thousands of dollars in profits. When I see Aphria at $12.42 per share and Cronos at $10.93 per share those are true numbers.
    I am thinking of selling Aurora and buying more Aphria and Cronos.
    Aphria- Tilray merger will be the ultimate powerhouse, bigger than Canopy. Cronos which is 49% owned by Altria the American tobacco company, maker of Marlboro cigarettes etc, will also dominate.
  • j
    jeff
    US markets are closed tomorrow?! For what?
  • G
    GoldenMagic
    If ACB $TLRY $CGC $APHA can break in to the Acute Pain space, multi-billions. Note the progress ACRX has made in Acute Pain. ACRX mentioned as 1 of 2 stocks that could TRIPLE, presentation viewed by over 53,000 people in 4 days: https://www.youtube.com/watch?v=DxEFekPUuqU&feature=youtu.be
  • S
    Savage
    Aurora Announces Agreement with Great North Distributors Inc. For Canadian Retail Sales Execution
    Great North will be exclusive representative for Aurora’s leading portfolio of Canadian brands
    Aurora Cannabis Inc. (the “Company” or “Aurora”) (NYSE | TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, today announced it has entered into an agreement with Great North Distributors Inc. (“Great North”), Canada’s first national sales broker for legalized adult-use cannabis. Under the agreement, Great North will be the exclusive representative for Aurora’s leading portfolio of brands across the Canadian cannabis retail environment.
    “The agreement is designed to significantly bolster Aurora’s market position in Canada. Great North brings deep experience across the spectrum of sales capabilities that will further differentiate Aurora as a leader in the growing cannabis space,” said Miguel Martin, CEO, Aurora Cannabis. “We have selected Great North for their outstanding execution across regulated businesses. Combining their executional strength with Aurora’s leading portfolio of brands is a recipe for success.”
    Great North has reach across every province in Canada, including established relationships and expertise in working with provincially-owned and operated retailers and private retailers in Canada’s cannabis industry. Great North applies industry-leading data analytics capabilities to the sector, providing suppliers with a powerful data-driven approach to cannabis sales.
    “Adding Aurora to our portfolio of companies we proudly represent is a signal of our market leadership,” said Doug Wieland, President, Canada – Southern Glazer’s Wine & Spirits and Great North Distributors. “Great North has executed in the Canadian cannabis market since day one and will immediately bring value in sales execution to Aurora. Aurora has entrusted their family of brands in our team and we look forward to delivering exceptional results.”
    Great North will assume responsibility for Aurora’s sales execution on January 25,
  • J
    Jonathon
    If Acb announces a partner....that will change all forecasts and revise analyst predictions pretty fast. Canadian store count is climbing as well. Germany will boom as well.
  • C
    Chris P.  Bacon
    Aurora Announces Agreement with Great North Distributors Inc. For Canadian Retail Sales Execution