Thursday, September 01, 2016 3:43:28 PM
I would also check out Organigram if you want to diversify a little bit between companies in the Canadian medical marijuana producer market. They also just finished a $23 million bought financing deal (approx $17,500 U.S.) and announced yesterday that they bought another adjoining 10 acres and existing 150k sq ft building on that land. They said production capacity will increase by up to 4X. The market cap on Organigram appears to be only $82,000,000 US vs about $155 million for Aurora. Both companies are currently only authorized to sell 3,500,000 grams of medical marijuana per year and they seem to be two of the lower-cost producers. I do think that considering both of their upcoming expansion of production capacity, Aurora is currently in a much stronger position huge growth as they'll eventually be able to produce (and likely sell) all of their 70,000,000 gram production capacity beginning mid-2018 whereas the best I can tell, Organigram's max production capacity will be around 19,000,000 grams as of now. Organigram also entered a licensing agreement for their oils and edibles today as well. Seems like it's been a pretty productive couple of weeks for Organigram...again, long term I like Aurora better but I think given the difference in market caps currently, I'll have more exposure to Organigram for the short-term and then roll those into shares of Aurora in within the next 8-12 months.
https://finance.yahoo.com/news/organigram-enters-exclusive-partnership-oils-100000160.html
Recent ACB News
- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 09/20/2024 08:12:04 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 09/20/2024 11:19:42 AM
- Aurora CEO Miguel Martin takes on additional role as Executive Chairman of Board of Directors • PR Newswire (US) • 09/20/2024 11:00:00 AM
- Aurora CEO Miguel Martin takes on additional role as Executive Chairman of Board of Directors • PR Newswire (Canada) • 09/20/2024 11:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 09/17/2024 11:19:40 AM
- Aurora Cannabis Advances Auto-Flowering Research, Unveiling Key Insights for Future Cultivation Excellence • PR Newswire (Canada) • 09/17/2024 11:00:00 AM
- Aurora Cannabis Advances Auto-Flowering Research, Unveiling Key Insights for Future Cultivation Excellence • PR Newswire (US) • 09/17/2024 11:00:00 AM
- Aurora Cannabis and Vectura Fertin Pharma, Inc. announce launch of novel Luo CBD lozenge • PR Newswire (Canada) • 09/09/2024 11:00:00 AM
- Aurora Cannabis and Vectura Fertin Pharma, Inc. announce launch of novel Luo CBD lozenge • PR Newswire (US) • 09/09/2024 11:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/26/2024 08:06:36 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/12/2024 05:54:03 PM
- Aurora Cannabis Announces Results of 2024 Annual General and Special Meeting • PR Newswire (US) • 08/12/2024 11:00:00 AM
- Aurora Cannabis Announces Results of 2024 Annual General and Special Meeting • PR Newswire (Canada) • 08/12/2024 11:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/07/2024 11:19:23 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/07/2024 11:15:12 AM
- US Index Futures Rise Amid Earnings Season Optimism, Oil Prices Rebound • IH Market News • 08/07/2024 09:49:12 AM
- Aurora Cannabis and Vectura Fertin Pharma, Inc. announce commercial collaboration • PR Newswire (US) • 08/01/2024 11:00:00 AM
- Aurora Cannabis and Vectura Fertin Pharma, Inc. announce commercial collaboration • PR Newswire (Canada) • 08/01/2024 11:00:00 AM
- Aurora Cannabis Inc. Reminds Shareholders to Vote in Advance of the Proxy Voting Deadline for its 2024 Annual General and Special Meeting of Shareholders • PR Newswire (US) • 07/30/2024 11:00:00 AM
- Aurora Cannabis Inc. Reminds Shareholders to Vote in Advance of the Proxy Voting Deadline for its 2024 Annual General and Special Meeting of Shareholders • PR Newswire (Canada) • 07/30/2024 11:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/29/2024 11:40:29 AM
- Aurora Cannabis to Host First Quarter 2025 Investor Conference Call • PR Newswire (US) • 07/29/2024 11:00:00 AM
- Aurora Cannabis to Host First Quarter 2025 Investor Conference Call • PR Newswire (Canada) • 07/29/2024 11:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/25/2024 02:10:30 PM
- Aurora Receives Expanded Cultivation and Unique Research Licenses for German Facility • PR Newswire (US) • 07/25/2024 11:00:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM