Aurora Cannabis Enterprises
Suite 900 - 510 Seymour Street Vancouver, British Columbia V6B 3J5
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Aurora Cannabis Enterprises Inc. (3rd site)
Aurora Cannabis is a licensed producer under Health Canada’s ACMPR program. This site is located in Alberta and is Aurora’s 3rd site in Canada.
Aurora Cannabis Inc. is a Canadian licensed cannabis producer, headquartered in Edmonton. It trades on the Toronto Stock Exchange and Nasdaq as ACB.[2] As of late September 2018, Aurora Cannabis had eight licensed production facilities, five sales licenses, and operations in 25 countries.[1] 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.[3] Aurora is the second-largest cannabis company in the world by market capitalization, after Canopy Growth Corporation.[4] The company began trading on the NYSE on October 23, 2018, using the ticker ACB.[5][6]
After 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.[7] In February 2020, co-founder and chief executive, Terry Booth, resigned, being replaced by Executive Chairman Michael Singer as interim CEO.[8]
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