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Thread: Edmonton’s Aurora Cannabis buys MedReleaf for $3.2-billion, becoming ‘largest cannabis producer in t

  1. #1
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    Default Edmonton’s Aurora Cannabis buys MedReleaf for $3.2-billion, becoming ‘largest cannabis producer in t

    https://www.thestar.com/amp/edmonton...mpression=true
    The company has moved its headquarters from Vancouver to founder Terry Booth’s hometown of Edmonton, buying office space downtown.
    “Canada is the only country in the world that knows how to live without an identity,”-Marshall McLuhan

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    LOVE that they are expanding and are in our Downtown.
    www.decl.org

    Ottawa-Edmonton-Vancouver-Edmonton

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    I thought you would be. I wonder what office they plan on buying? Or is that a misprint? Maybe Stantec’s office on 112 street.
    “Canada is the only country in the world that knows how to live without an identity,”-Marshall McLuhan

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    Sloppy writing, most likely.

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    As of today's close of market, Aurora had a market capitalization of $4.37 billion.

    To put that into perspective, Edmonton's former largest publicly traded company, Stantec, has a market cap of $3.8 billion.

    Very big news in the corporate world for YEG and mostly not covered in local media.

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    It's been well covered in the local media for the past many months. Fox News isn't local media.

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    Quote Originally Posted by Medwards View Post
    It's been well covered in the local media for the past many months. Fox News isn't local media.
    Really? Where are the interviews with senior management? Analysis of trajectory? No coverage of planned mergers until after they happened. Coverage of their international growth? Expert opinion on aspects of their business? Stock coverage? That is what should be covered in local media when you have a large corporate presence in a city. Newspapers have been completely eviscerated by facebook and google, and facebook and google aren't providing that type of local coverage.

  8. #8

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    Quote Originally Posted by IanO View Post
    LOVE that they are expanding and are in our Downtown.
    imagine if they expand beyond THC content?
    " The strength of a man is in the stride he walks."

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    Quote Originally Posted by AAAAE View Post
    Quote Originally Posted by Medwards View Post
    It's been well covered in the local media for the past many months. Fox News isn't local media.
    Really? Where are the interviews with senior management? Analysis of trajectory? No coverage of planned mergers until after they happened. Coverage of their international growth? Expert opinion on aspects of their business? Stock coverage? That is what should be covered in local media when you have a large corporate presence in a city. Newspapers have been completely eviscerated by facebook and google, and facebook and google aren't providing that type of local coverage.
    This is Edmonton... local newscasts can only include information about the latest homicide investigation and good news feel good stories about the local 10 year old girl who survives some terrible cancer. And stories about weather. That is all.

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    ^ Global News has 18 articles on Aurora Cannabis that have been posted since the beginning of 2018, or about one story per week. This includes an on-air interview with their CEO from about a month ago. Local coverage has not been lacking

    https://globalnews.ca/search/aurora%20cannabis/

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