NEW YORK, NY / ACCESSWIRE / February 26, 2018 / Traders News Source, a leading independent equity research and corporate access firm focused on small and mid-cap public companies is issuing a comprehensive report with no obligation on Aurora Cannabis Inc. (OTCQX: ACBFF) who, through its wholly-owned subsidiary, Aurora Cannabis Enterprises Inc., is a licensed producer of medical cannabis under Health Canada's Access to Cannabis for Medical Purposes Regulations ("ACMPR").
Last week, ACBFF announced the closing of the previously announced strategic investment by Aurora in Liquor Stores by way of a non-brokered private placement. The Private Placement has been structured in two phases, with an initial investment of $103.5 million from Aurora for an estimated 20% ownership in Liquor Stores, and a further investment that could up Aurora's stake in the firm to roughly 40%.
Read details of the Liquor Store and other investments, and analysts target price READ MORE
Copy and paste to your browser may be required to view the report - http://bit.ly/2BL1BV0-ACBFF-Analyst
With three production licenses, over 240,000 kg per annum in pro forma funded capacity, multiple distribution channels, and the pending acquisition of CanniMed, the company is positioned to pursue growth in the domestic and international medical markets.
ACBFF signed a Letter of Intent with the Société des Alcools du Québec ("SAQ") to supply a minimum of 5,000 kg of cannabis per annum for the Quebec adult consumer market, once legalized.
Get a financial review and read about the ACBFF entry into the European market READ MORE
Copy and paste to your browser may be required to view the report - http://bit.ly/2BL1BV0-ACBFF-Analyst
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