CoVid-19 - EXPECT DELAY NOTICE - Due to current events and the respective restrictions measures implemented in most countries and together with the huge increases in e-commerce orders on websites worldwide, most orders might suffer some delays, specially in Countries and Areas where measures are more strict. Please #StaySafe #StayHome 17/03/2020 420Weed.Sale

Aurora Cannabis Lists Greenhouse for Sale in Move That ‘Implies Massive Writedowns’: Analyst

MKM Partners analyst says he expects $2-billion worth of writedowns.

Aurora Cannabis Inc. appears to have listed its greenhouse in Exeter, Ontario, for sale for $17 million, a move that one analyst said “implies massive writedowns” are coming.

A listing on Cushman & Wakefield’s website advertises a 22-acre greenhouse with a 15,000-square-foot propagation area on Exeter’s Airport Line, the same location as a greenhouse Aurora obtained as part of its $3.2 billion acquisition of MedReleaf Corp. in 2018.

– Read the entire article at Financial Post.

No Comment

Comments are closed.