Overview
Is Aurora Cannabis (ACB) bad at investing their money? After posting a 237.7 million CAD loss in Q2 2019 the answer would seemingly be yes. But diving deeper into their losses gives a clearer picture of why their acquisitions may not be so bad. Throughout this article, I will explain the multitude of strategic investments and acquisitions Aurora has made and why these investments will bring them positive future value.
To start with, I will focus on Aurora’s acquisitions, meaning Aurora owns 100% of the company. Each subsidiary helps develop the cultivation