Aurora Cannabis, a Canada-based cannabis producer company surged more than 17% in a single day after the Coca-Cola is in talks with deal with Aurora to develop weed-infused beverages. Here is the Aurora Cannabis Stock Technical Analysis. BTC:$43,563.00UBX:0.00022775ETH:$3,230.16XRP:$0.78Market Cap:$2,112BBTC Dominance:39.26%
Full Answer
Why does Coca-Cola want to invest in Aurora Cannabis?
Why does this matter? The simple answer is that, if Coca-Cola were to make an investment into Aurora Cannabis, which is possibly something Aurora's management was pushing for, its equity stake in the company would continually be diluted by Aurora's growth-at-any-cost strategy.
Are Coca-Cola and PepsiCo on the table as partners for Aurora?
This would mean names like Coca-Cola, PepsiCo, and Mondelez International are potentially on the table as partners. Personally, I'd be shocked if the calendar year came to a close and Aurora had yet to land a partnership with a well-known company.
Why did Aurora Cannabis use its common stock as collateral?
With non-dilutive offerings from banks mostly off the table, marijuana stocks like Aurora Cannabis frequently turned to bought-deal offerings to raise money. In Aurora's case, it would use its common stock as the collateral needed to complete acquisitions.
Does Aurora Cannabis have a brand-name strategy?
And yet, something is missing with what's otherwise been a well-received strategy with investors -- namely, Aurora Cannabis has yet to land itself a brand-name partner in the food, beverage, tobacco, or pharmaceutical industry.
See more
Who is Aurora Cannabis' strategic advisor?
Just last week, Aurora Cannabis announced that it had hired billionaire Nelson Peltz, the founder of Trian Fund Management, to be the company's strategic advisor. This role will have Peltz seeking out partnership opportunities for the company, as well as advising Aurora on its international expansion.
Did Aurora and Coca Cola come to an agreement?
But as we all know, Coca-Cola and Aurora couldn 't come to amicable agreement. The beverage giant has instead been watching the cannabis industry develop from the safety of the sidelines. Image source: Getty Images.
Does Aurora Cannabis have a buy deal?
With non-dilutive offerings from banks mostly off the table, marijuana stocks like Aurora Cannabis frequently turned to bought-deal offerings to raise money. In Aurora's case, it would use its common stock as the collateral needed to complete acquisitions.
Is this why Coke and Aurora's budding partnership fizzled out?
My suspicion is that Coca-Cola was gun-shy about making an investment into Aurora Cannabis because of the company's growth-by-acquisition strategy.
Aurora Cannabis leads the way forward in marijuana production
In Canada, perhaps no pot stock has taken the need to secure market share in the early stages of recreational legalization to heart more than Aurora Cannabis (NYSE: ACB). Aurora, which is widely expected to set the pace for all marijuana growers with 700,000 kilos in peak annual output, has made four pretty sizable acquisitions over the past year.
The mammoth partner that almost was
And yet, something is missing with what's otherwise been a well-received strategy with investors -- namely, Aurora Cannabis has yet to land itself a brand-name partner in the food, beverage, tobacco, or pharmaceutical industry.
Who is Aurora Cannabis' strategic advisor?
Just last week, Aurora Cannabis announced that it had hired billionaire Nelson Peltz , the founder of Trian Fund Management, to be the company's strategic advisor. This role will have Peltz seeking out partnership opportunities for the company, as well as advising Aurora on its international expansion.
Who is the Motley Fool?
Founded in 1993 in Alexandria, VA., by brothers David and Tom Gardner, The Motley Fool is a multimedia financial-services company dedicated to building the world's greatest investment community. Reaching millions of people each month through its website, books, newspaper column, radio show, television appearances, and subscription newsletter services, The Motley Fool champions shareholder values and advocates tirelessly for the individual investor. The company's name was taken from Shakespeare, whose wise fools both instructed and amused, and could speak the truth to the king -- without getting their heads lopped off.
