Replies to post #50121 on Aurora Cannabis Inc (ACB)

[st0ckdiva]

Hopefully it was just a supply issue related to APHA, we will find out soon enought

[Masshole89]

In terms of sales figures what I’ve been finding is that a lot of the issues seem to be related to logistics. I know some people like to point at the amount of MJ being grown and sales figures and say “supply is rampant compared to what Canadians are buying” but there’s a difference between grown MJ and packaged MJ. Some companies (ahem, APHA) must be having a harder time than others. Based on what Cam has said, though, I’m optimistic that ACB will show better figures:

MW: Is Aurora experiencing the production bottlenecks that many of the licensed producers in Canada have publicly talked about?

Battley: Aurora is a standout in the industry. We don’t — we’re not like others, we didn’t have the problems with logistical issues around the initial consumer launch. People kept complaining, “Well, we couldn’t get tax stamps” — we had a plan A, B, C, D, we had backup plans. And I think that’s one of the reasons why we came out of the gate so fast in the consumer system.

We knew that there were going to be issues. We had multiple backup plans to make sure that we could get the keep the product out the door, you know. And so I heard some of the other CEOs complaining about the excise-tax stamps, but we didn’t — it was not a serious challenge for us. Well, it’s not that it wasn’t a challenge — it was a surmountable challenge.

https://www.marketwatch.com/story/why-aurora-cannabis-hasnt-signed-a-deal-with-a-us-giant-like-other-pot-companies-2019-05-02