The company began trading on the NYSE on October 23, 2018, using the ticker ACB.Īfter significant expansion in 2018, the company reduced expenses in the second half of 2019 when the Canadian recreational cannabis market had low sales due to excessive inventory and uncompetitive pricing with the black market. Aurora is the second largest cannabis company in the world by market capitalization, after Canopy Growth Corporation. cannabis market should it open up federally, but how big of a player it could be there is questionable. It also produces and sells indoor cultivation systems and hemp related food products.

But the Canadian pot producer stuck with its target of hitting an adjusted measure of profit by the. engages in the production, distribution, and sale of cannabis products. It had a funded capacity of over 625,000 kilograms of cannabis production per annum with the bulk of capacity based in Canada and a growing presence in international markets, particularly Denmark and Latin America. on Thursday reported a bigger quarterly loss and lower sales than expected. As of late September 2018, Aurora Cannabis had eight licensed production facilities, five sales licences, and operations in 25 countries. It trades on the Toronto Stock Exchange and Nasdaq as ACB.

is a Canadian licensed cannabis producer, headquartered in Edmonton. The owners of two Aurora companies a furniture store and an office building are in personal relationships with top city officials, WTTW News has found.

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