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AURORA CANNABIS (ACB)

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Earnings summaries and quarterly performance for AURORA CANNABIS.

Recent press releases and 8-K filings for ACB.

Aurora Cannabis Inc. Announces US$100 Million Share Offering
ACB
  • Aurora Cannabis Inc. (ACB) has entered into an agreement with TD Securities (USA) LLC to issue and sell common shares with an aggregate offering price of up to US$100,000,000.
  • This offering is part of a broader Canadian base shelf prospectus, dated February 14, 2025, which allows for the issuance of up to US$250,000,000 of various securities, including common shares.
  • The company's common shares are listed on the TSX and Nasdaq, and the Placement Shares from this offering will also be listed on these exchanges.
  • Aurora Cannabis Inc. and its subsidiaries confirm compliance with applicable Canadian and U.S. securities laws, as well as holding all necessary Cannabis Licenses and German Licenses.
2 days ago
Aurora Cannabis Announces At-The-Market Offering Program
ACB
New Projects/Investments
M&A
  • Aurora Cannabis Inc. has filed a prospectus supplement to establish a new At-The-Market (ATM) Offering Program.
  • The program allows the company to issue and sell up to U.S.$100 million of common shares from treasury.
  • The net proceeds from the offering are intended for strategic and accretive purposes, including increased cultivation capacity and M&A.
  • Sales will be made through the NASDAQ Capital Market or other marketplaces in the United States at prevailing market prices, with no sales occurring in Canada.
3 days ago
Aurora Cannabis Reports Strong Q3 2026 Results and Strategic Focus on Global Medical Cannabis
ACB
Earnings
Guidance Update
M&A
  • Aurora Cannabis reported strong financial results for Q3 2026, with net revenue increasing 7% to CAD 94.2 million, adjusted gross margin rising 100 basis points to 62%, CAD 18.5 million in adjusted EBITDA, and CAD 15.5 million in positive free cash flow.
  • The company is strategically reallocating resources to prioritize the global medical cannabis market, which saw 12% revenue growth in Q3 2026, by exiting select Canadian consumer cannabis markets and divesting its controlling stake in the lower-margin Bevo plant propagation business.
  • For fiscal year 2026, annual global medical cannabis net revenue is projected to increase year-over-year to between CAD 269 million and CAD 281 million, driven by 10%-15% growth in the segment.
  • An At-the-Market (ATM) equity program has been established, allowing the company to issue and sell up to $100 million of common shares for strategic and accretive purposes, including increased cultivation capacity and potential M&A.
3 days ago
Aurora Cannabis Reports Strong Q3 2026 Results and Strategic Focus on Medical Cannabis
ACB
Earnings
Guidance Update
New Projects/Investments
  • Aurora Cannabis (ACB) reported Q3 2026 net revenue of CAD 94.2 million, a 7% increase, primarily driven by 12% growth in global medical cannabis revenue.
  • The company achieved adjusted EBITDA of CAD 18.5 million, adjusted net income of CAD 7.2 million, and positive free cash flow of CAD 15.5 million in Q3 2026.
  • Strategic actions include exiting select Canadian consumer cannabis markets and divesting its plant propagation operations (Bevo) to focus on higher-margin global medical cannabis, alongside establishing an At-the-Market (ATM) equity program for up to $100 million in common shares.
  • For fiscal year 2026, Aurora anticipates annual global medical cannabis net revenue between CAD 269 million and CAD 281 million and annual consolidated Adjusted EBITDA between CAD 52 million and CAD 57 million.
3 days ago
Aurora Cannabis Reports Strong Q3 2026 Results and Announces Strategic Reallocation
ACB
Earnings
Guidance Update
New Projects/Investments
  • Aurora Cannabis reported strong Q3 2026 financial results, with net revenue increasing 7% to CAD 94.2 million and global medical cannabis revenue growing 12% to CAD 76.2 million. The company achieved an adjusted gross margin of 62% and adjusted EBITDA of CAD 18.5 million, along with positive free cash flow of CAD 15.5 million.
  • The company is strategically reallocating resources to focus on the higher-margin global medical cannabis market, which involves exiting select Canadian consumer cannabis segments and divesting its controlling stake in the plant propagation business (Bevo). These actions are expected to improve operational efficiency and profitability.
  • Aurora maintains a strong balance sheet with CAD 154 million in cash and no cannabis business-related debt. It also established an At-the-Market (ATM) equity program to issue up to $100 million in common shares for strategic purposes, including increased cultivation capacity and potential M&A.
  • For fiscal year 2026, the company expects annual global medical cannabis net revenue between CAD 269 million and CAD 281 million, and annual consolidated Adjusted EBITDA in the range of CAD 52 million-CAD 57 million, representing 5%-10% annual growth.
3 days ago
Aurora Cannabis Reports Q3 2026 Financial Results
ACB
Earnings
Financial Restatement
New Projects/Investments
  • For the three months ended December 31, 2025, Aurora Cannabis Inc. reported net revenue of $94,191 thousand, an increase from $88,198 thousand in the prior year period, but recorded a net loss of $1,903 thousand compared to a net income of $28,225 thousand in the same period last year.
  • Adjusted EBITDA for the three months ended December 31, 2025, was $18,479 thousand, a slight decrease from $19,393 thousand in the prior year period. Working capital as of December 31, 2025, stood at $299,901 thousand, down from $338,741 thousand as of December 31, 2024.
  • The company filed a prospectus supplement for a new at-the-market equity program allowing it to issue and sell up to U.S. $100 million of common shares for strategic and accretive purposes. Additionally, Bevo Agtech Inc., a controlled interest, was not in compliance with a financial covenant under its credit agreement and is in discussions with its lender.
3 days ago
Aurora Cannabis Announces ATM Offering Program
ACB
New Projects/Investments
M&A
  • Aurora Cannabis Inc. has established a new at-the-market (ATM) offering program.
  • This program allows the company to issue and sell up to U.S.$100 million of common shares.
  • The net proceeds from the offering are intended for strategic and accretive purposes, including increased cultivation capacity and M&A.
  • Sales will be made through the NASDAQ Capital Market or another marketplace in the United States at prevailing market prices.
3 days ago
Aurora Cannabis Announces Fiscal 2026 Third Quarter Results
ACB
Earnings
Guidance Update
M&A
  • Aurora Cannabis reported Q3 2026 total net revenue of $94.2 million, a 7% year-over-year increase, with global medical cannabis net revenue reaching a record $76.2 million, up 12%.
  • The company achieved Adjusted EBITDA of $18.5 million and generated Free Cash Flow of $15.5 million for the quarter ended December 31, 2025.
  • Aurora is strategically exiting certain lower-margin consumer cannabis markets in Canada from Q4 FY26 to prioritize its high-margin global medical cannabis business.
  • For Fiscal Full Year 2026, the company expects annual global medical cannabis net revenue between $269 million and $281 million and consolidated Adjusted EBITDA between $52 million and $57 million.
  • A new at-the-market equity program allows for the issuance of up to U.S. $100 million in common shares for strategic and accretive purposes, including potential M&A.
3 days ago
Aurora Secures EU Plant Variety Rights
ACB
New Projects/Investments
Product Launch
  • Aurora Cannabis Inc. has been granted Community Plant Variety Rights by the EU's Community Plant Variety Office for two proprietary cannabis varieties, SOT20R07-007 (Farm Gas™) and ACB21T044 (Sourdough™).
  • These rights provide Aurora with exclusive control over the commercial production and sale of these varieties across the European Union's 27 member states for the duration of the protection period.
  • This achievement strengthens Aurora's intellectual property portfolio and enhances its competitive position in Europe, enabling global commercialization of its cultivars while protecting investments in science and innovation.
Jan 20, 2026, 12:00 PM
Aurora Cannabis Announces Significant Progress in Disease Resistance Research
ACB
New Projects/Investments
Product Launch
  • Aurora Cannabis Inc. has made significant progress in its powdery mildew (PM) resistance research, nearly one year after discovering a novel source of genetic resistance called PM2.
  • The company is moving from research into production trials of cultivars with verified PM2 resistance at its Aurora Ridge manufacturing facility.
  • This progress is a critical step toward the commercialization of powdery mildew-resistant cultivars, with potential commercialization later this year if production trials are successful.
  • Successful commercialization is expected to protect plant health, reduce operational costs, and improve product quality.
  • The proprietary genetic marker technology behind PM2 is currently patent pending in Canada, the United States, Europe, Australia, New Zealand, and Israel.
Jan 14, 2026, 12:00 PM