Aurora: Bullish On European Opportunity, Improving Financial Profile (NASDAQ:ACB)

Storing trimmed CBD flower buds

24K-Production

Thesis

Aurora Cannabis’ (NASDAQ:ACB) strategy of prioritizing its global medical-cannabis business while pursuing the premium-priced Canadian consumer market makes sense to cull its operating deficit, I believe, given that medical markets offer stable growth and high margins. With the Canadian

ACB stock price movement

ACB stock price movement (Seeking Alpha)

Legal Status of Cannabis Across Europe

Legal Status of Cannabis Across Europe (New Frontier Data)

Canadian Cannabis Producer Valuation Multiple (EV/SALES)

Canadian Cannabis Producer Valuation Multiple (Ycharts)

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