General presentation of Aurora Cannabis
Let's now discover the company that is Aurora Cannabis by trying to learn more about its activities and its main sources of income. This knowledge is essential if you want to make a good analysis of this value taking into account the different sectors and segments on which it bases its profit strategy.
The Aurora Cannabis group is a Canadian company that specializes in medical cannabis. It is currently one of the leaders in this sector of the world.
To carry out its activities, Aurora Cannabis has several subsidiaries and manages two different operating sectors as well as a head office. The group also has several horizontally integrated companies. Through its activities in the medical cannabis segment, Aurora Cannabis produces and distributes cannabis for therapeutic purposes in Canada and also supplies cannabis wholesale in the European Union. But that's not all. This company also markets indoor growing systems and hemp-based food products. Each year, more than 625000 kilos of cannabis are produced by this group, which employs 2779 people worldwide.
It is interesting to know how the turnover of this company is distributed between the different markets from a geographical point of view. Aurora Cannabis thus generates most of its turnover in Canada. The European Union only represents 4.8% of its turnover and the rest of the world only 1.4%.
77% of retail CFD accounts lose money. This is an advert for trading CFDs on Plus500