Aurora Cannabis to Divest All Alcanna Shares Through a “Bought Deal”

9,200,000 common shares of the Company currently held by Aurora Cannabis at a price of $3.00 per Offered Share and offer them to the public Alcanna Inc. (TSX: CLIQ) and Aurora Cannabis Inc. (“Aurora“) (NYSE: ACB) (TSX: ACB) jointly announce that they have entered into an agreement with a syndicate of underwriters led by Cormark Securities Inc. (collectively, theContinue reading “Aurora Cannabis to Divest All Alcanna Shares Through a “Bought Deal””

Terry Booth Sells $1 Million Worth of Aurora Cannabis Shares

Aurora Cannabis’s (TSX: ACB, NYSE: ACB) former CEO Terry Booth dumped 48,000 shares at $21.28 in the public market on May 27, 2020. The transaction was filed on May 29, 2020. $21.28 x 48,000 shares = $1,021,440 Detailed Financials and Analysis of Aurora Cannabis About Aurora  Aurora is a global leader in the cannabis industryContinue reading “Terry Booth Sells $1 Million Worth of Aurora Cannabis Shares”

Aurora Cannabis Receives a New Price Target Boost

Cantor Fitzgerald boosted price target of Aurora Cannabis (NYSEE, TSX: ACB) to $27 from previous $22. The brokerage rated Aurora Cannabis from Market Perform to Overweight. 17 Wall Street analysts have issued ratings and price targets in the last 12 months. Average twelve month price target is $28.7, possible upside of 80.66% Highest price target:Continue reading “Aurora Cannabis Receives a New Price Target Boost”

Why Aurora Cananbis (NYSE: $ACB) is Surging Today

Shares of Aurora Cannabis (NYSE, TSX: ACB) rocketed as much as 70% intraday on Friday as investors embraced stronger than expected sales. Aurora also re-announced clearer path to profitability. Aurora Cannabis reported 35% quarterly net sales increase to $75.5 million recently. Aurora Cannabis narrowed its adjusted EBITDA loss – progress towards profitability. The company sawContinue reading “Why Aurora Cananbis (NYSE: $ACB) is Surging Today”