10:11:48 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Aurora Cannabis Inc
Symbol ACB
Shares Issued 1,020,378,291
Close 2019-10-15 C$ 4.97
Market Cap C$ 5,071,280,106
Recent Sedar Documents

FP/CP say Aurora, rivals see OCS mull private operators

2019-10-16 09:29 ET - In the News

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The Financial Post reports in its Wednesday, Oct. 16, edition that the Ontario Cannabis Store said Tuesday it will launch consultations aimed at getting the private sector more involved in marijuana storage and delivery. A Canadian Press dispatch to the Post reports that the Crown corporation's chief executive officer said in a statement that the agency will consult with federally licensed producers and retail store owners later this month. CEO Cal Bricker said the OCS will then make recommendations to the Ontario government to ensure sufficient distribution capacity is in place to combat the illegal market. "As the exclusive wholesaler and distributor of legal recreational cannabis in Ontario, the OCS remains focused on its primary objective of combating the illegal market and protecting our youth," Mr. Bricker said. However, he also said the province's plan to further expand recreational cannabis stores and the coming launch of edibles make it a good time to explore changes. This OCS has been struggling to meet the demand for recreational cannabis, and earlier this month the agency said it lost $42-million in the latest fiscal year ended March 31. The government blamed the initial start-up costs for the loss.

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