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#Post#: 68945--------------------------------------------------
Aurora Cannabis: ACBFF
By: Clay Death Date: November 21, 2017, 5:27 pm
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[URL=
HTML http://s1322.photobucket.com/user/spartacus120/media/come%20september/aurora-15_zpslc95cbsr.jpg.html][IMG]http://i1322.photobucket.com/albums/u572/spartacus120/come%20september/aurora-15_zpslc95cbsr.jpg[/img][/URL]
#Post#: 68974--------------------------------------------------
Re: Aurora Cannabis: ACBFF
By: Clay Death Date: November 23, 2017, 8:02 am
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HTML https://mobile.tmxmoney.com/quote/readnews/?id=6463077106272096&symbol=ACB
#Post#: 68981--------------------------------------------------
Re: Aurora Cannabis: ACBFF
By: Clay Death Date: November 23, 2017, 8:02 pm
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H2 is currently completing a state-of-the-art, purpose-built
48,000 square foot cannabis production facility, less than an
hour from Montreal (the "Lachute Facility"), and near the
Pierre-Elliott Trudeau International Airport. Upon completion,
which is anticipated before the end of 2017, the Lachute
Facility is projected to produce approximately 4,500 kilograms
of high-quality cannabis per annum.
The facility is located on 46 acres (19 hectares) of land (the
"Property"), which H2 has the right to acquire for $136,000. The
Property has access to ample low-cost power, water and
infrastructure to support a very significant capacity expansion
-- up to or beyond the scale of the Company's 800,000 square
foot Aurora Sky facility, currently under construction at
Edmonton International Airport.
The latest Aurora acquisition will be the Company's fourth
production facility in Canada - and second site in Quebec, in
addition to its 40,000 square foot production "Aurora Vie"
facility in Pointe-Claire, on the island of Montreal.
"This is another outstanding transaction that further extends
Aurora's lead in establishing advanced-technology,
ultra-efficient, low-cost production via purpose-built
facilities," said Terry Booth, CEO. "The Lachute Facility, which
is 80% complete and has the land and utilities required for
significant additional expansion, is fully consistent with the
Aurora Standard, and will be instrumental in delivering high
quality products for the Quebec, Canadian and overseas markets.
Our participation in the final design and construction of H2's
purpose built facility will allow us to leverage our experience,
technology, and systems to improve performance and yields beyond
the original design. Our recent acquisition of Larssen Ltd. and
the formation of Aurora Larssen Projects will play an
instrumental role in this respect, and we look forward to a
rapid completion of this project in line with the exceptional
execution we have shown at Aurora Vie, our other Quebec
project."
A central fact of the domestic and global emerging markets is
the enormous excess of demand over supply for legal, regulated
cannabis products. By leveraging our powerful cash position and
excellent liquidity, as well as our experience building the most
technologically advanced cannabis facilities, Aurora has a
unique ability to acquire top-notch production and distribution
assets at attractive valuations, thereby rapidly expanding
capacity to meet surging Canadian and global demand."
André Jerome, CEO of H2, added, "We are proud to be joining
forces with Aurora, a trail blazer in Canada and around the
world in shaping the legal cannabis industry. With the backing
of Aurora's operational and cultivation know-how, technological
innovation and financial strength, we are confident the Lachute
site will be a showcase cannabis production facility, and an
important asset in the Company's execution of its domestic and
international growth strategy."
#Post#: 68982--------------------------------------------------
Re: Aurora Cannabis: ACBFF
By: Clay Death Date: November 23, 2017, 8:44 pm
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HTML https://finance.yahoo.com/news/aurora-cannabis-acquires-leading-global-123000522.html
#Post#: 68995--------------------------------------------------
Re: Aurora Cannabis: ACBFF
By: Clay Death Date: November 24, 2017, 7:23 pm
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HTML https://technical420.com/cannabis-article/aurora-cannabis-quickly-growing-canadian-cannabis-conglomerate
#Post#: 69120--------------------------------------------------
Re: Aurora Cannabis: ACBFF
By: Clay Death Date: November 26, 2017, 6:29 pm
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HTML https://www.potnetwork.com/news/cannabis-stock-report-aurora-acquires-two-aphria-obtains-license-tmx-changes-rules
#Post#: 69121--------------------------------------------------
Re: Aurora Cannabis: ACBFF
By: Clay Death Date: November 26, 2017, 6:30 pm
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Aurora Cannabis Announces Two Acquisitions
Everything west of this line is the richest, most expensive real
estate in the world... Aurora Cannabis Inc. (TSX:ACB) continued
its quest for world domination on Thursday. They began by
purchasing greenhouse design firm Larssen Ltd. and closed the
day with the purchase of medical marijuana applicant H2
Biopharma Inc., the latter of which cost Aurora upwards of $25
million. The buys were not unrelated as Larssen will now finish
the design of H2's cannabis production facility. That project is
almost 80 percent complete.
In a statement, Aurora said that H2 is a late-stage licensee
applicant for medical marijuana. Plans for the new facility
include the production of up to 4,500 kilograms of cannabis per
year, with room for expansion. As for Larssen, their clientele
already comprises 15 cannabis industry clients across the globe,
all which Aurora will reassess once they finish the buyout.
"We're going to certainly encourage those to proceed but we're
going to require some level of partnership, whether that be an
equity stake or a supply agreement or other things," executive
vice-president of Aurora Cam Battley said in a statement.
#Post#: 69138--------------------------------------------------
Re: Aurora Cannabis: ACBFF
By: Clay Death Date: November 27, 2017, 3:34 pm
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[URL=
HTML http://s1322.photobucket.com/user/spartacus120/media/come%20september/healing-18_zpsui6rk9jh.jpg.html][IMG]http://i1322.photobucket.com/albums/u572/spartacus120/come%20september/healing-18_zpsui6rk9jh.jpg[/img][/URL]
#Post#: 69143--------------------------------------------------
Re: Aurora Cannabis: ACBFF
By: Clay Death Date: November 27, 2017, 4:45 pm
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Aurora Cannabis Inc.'s all-stock hostile takeover bid of medical
marijuana company CanniMed Therapeutics has the backing of a
Toronto-based investment manager, two Saskatchewan venture
capital funds, and an investment fund also based in the prairie
province, according to regulatory filings.
Shares of Aurora (TSX:ACB) were up as much as 16 per cent in
late afternoon trading after the Vancouver-headquartered
marijuana producer officially launched its bid on Friday, while
shares of CanniMed (TSX:CMED) slipped as much as 3 per cent by
early afternoon in Toronto.
Aurora signed lock-up agreements with four CanniMed shareholders
— which comprise 38 per cent of outstanding shares — on Nov. 13
to support its unsolicited takeover bid, one day before it made
its proposal public, according to a circular outlining its
offer.
These four institutional shareholders are Golden Opportunities
Fund Inc. with a 17.33 per cent stake, Saskworks Venture Fund
Inc. with 8.42 per cent, Apex Investment Limited Partnership
with 3.48 per cent and Toronto's Vantage Asset Management
holding 8.71 per cent, filings show.
#Post#: 69151--------------------------------------------------
Re: Aurora Cannabis: ACBFF
By: Clay Death Date: November 27, 2017, 6:21 pm
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Thomas Larssen, the principal of Larssen, will serve as
President of ALPS and will continue to oversee Aurora's
cultivation infrastructure expansion. Management anticipates
that the growth of ALPS will be driven by the continued rapid
evolution of the cannabis industry in Canada and around the
globe.
"The acquisition of Larssen is an immediately accretive,
high-margin revenue generating opportunity that also extends our
technological leadership in the cannabis sector," said Terry
Booth, CEO. "We know Thomas and his team very well, as they have
been instrumental in the design and engineering of our
revolutionary Aurora Sky facility. This will help make the
integration of Larssen with Aurora seamless. The establishment
of ALPS will add significant capacity to our project execution
team, enabling us to further accelerate the expansion of our
global presence. I look forward to working with Thomas and his
team as we pursue new opportunities going forward."
Differentiating transaction with strong strategic rationale
For fiscal 2018 (the 12-month period ending September 30, 2018),
Larssen is on pace to generate approximately $6 million in
revenues, with an EBITDA margin exceeding 40%.
Through direct ownership and providing a stronger supportive
infrastructure, Larssen will be able to dedicate additional
resources to developing unique technologies exclusively for
Aurora, further extending the Company's industry-leading
innovation track record;
Given Larssen's reputation and visibility within the industry,
Aurora will gain immediate access to an expanded universe of
international M&A and partnership opportunities;
Aurora is executing on an aggressive expansion strategy that is
likely to include further construction projects. Through
Larssen, the Company will have secured direct access to the
services of the world's pre-eminent turn-key project team in the
cannabis sector, enabling management to focus on growing Aurora
rather than allocating significant resources to project
management, as well as save considerable project-related
expenses going forward.
Thomas Larssen, Principal of Larssen, added, "We have been at
the cutting edge of greenhouse development for over 30 years,
and have never encountered a team that matches the vision,
entrepreneurship and execution as demonstrated by the people at
Aurora. Our decision to join forces with Aurora in this evolving
industry was not difficult. Joining the Company will allow us to
leverage the incredible brand recognition Aurora enjoys, both
within and outside of the cannabis sector. I believe that the
resources, infrastructure and strategic support available at
Aurora will help establish ALPS as the world's leading
horticultural engineering venture, and I look forward to making
my contribution to the continued rapid expansion of the
Company."
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