OverviewSuggest Edit

Aurora Cannabis is a company that produces and distributes medical and consumer cannabis. Its product offering includes dried cannabis, oils, softgels, oral dissolve stripes, edibles, and vaporizers.

TypePublic
Founded2006
HQEdmonton, CA
Websiteauroramj.com
Employee Ratings3.1

Latest Updates

Employees (est.) (Sept 2019)3,000(+8%)
Revenue (FY, 2019)C$247.9 M(+350%)

Key People/Management at Aurora

Steve Dobler

Steve Dobler

President, Board Member
Glen Ibbott

Glen Ibbott

Chief Financial Officer
Allan Cleiren

Allan Cleiren

Chief Operations Officer
Terry Booth

Terry Booth

Board Member
Michael Singer

Michael Singer

Executive Chairman, Interim CEO, Board Member
Andre Jerome

Andre Jerome

Chief Integration Officer
Show more

Aurora Office Locations

Aurora has offices in Edmonton, Cremona and Vancouver
Edmonton, CA (HQ)
10355 Jasper Ave #500
Vancouver, CA
1055 W Georgia St #1500
Show all (3)

Aurora Financials and Metrics

Aurora Revenue

Embed Graph
View revenue for all periods
Aurora's revenue was reported to be C$247.94 m in FY, 2019 which is a 349.2% increase from the previous period.
CAD

Revenue (Q2, 2020)

56.0m

Gross profit (Q2, 2020)

29.9m

Gross profit margin (Q2, 2020), %

53.4%

Net income (Q2, 2020)

(1.3b)

EBIT (Q2, 2020)

(119.6m)

Cash (31-Dec-2019)

156.3m
Annual
CADFY, 2017FY, 2018FY, 2019

Revenue

18.1m55.2m247.9m

Revenue growth, %

206%349%

Cost of goods sold

2.0m11.7m88.1m

Gross profit

16.1m43.5m159.8m
Quarterly
CADQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

8.2m11.7m16.1m29.7m54.2m65.1m75.2m56.0m

Cost of goods sold

5.2m8.5m21.6m22.0m12.5m21.5m26.1m

Gross profit

6.5m7.6m8.1m32.1m52.6m53.7m29.9m

Gross profit Margin, %

55%47%27%59%81%71%53%
Annual
CADFY, 2017FY, 2018FY, 2019

Cash

159.8m89.2m172.7m

Accounts Receivable

1.3m6.7m85.2m

Prepaid Expenses

1.5m7.6m24.3m

Inventories

7.7m29.6m113.6m
Quarterly
CADQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

127.9m350.8m231.0m147.8m46.8m346.7m152.5m156.3m

Accounts Receivable

1.5m3.0m8.3m21.0m35.2m53.5m75.2m63.7m

Prepaid Expenses

1.7m1.3m1.6m23.7m31.7m17.9m41.5m35.9m

Inventories

11.7m15.3m26.8m75.0m69.8m82.7m151.8m205.5m
Annual
CADFY, 2017FY, 2018FY, 2019

Net Income

(13.0m)69.2m(297.9m)

Depreciation and Amortization

1.1m12.3m88.3m

Inventories

(1.7m)(10.4m)(9.8m)

Accounts Payable

2.6m3.1m103.1m
Quarterly
CADQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

3.6m11.3m(19.2m)104.2m(135.5m)(295.7m)10.4m(1.3b)

Depreciation and Amortization

776.0k1.5m1.2m16.0m42.0m71.4m29.7m61.3m

Inventories

(1.2m)(2.7m)(2.6m)(19.3m)(8.6m)(6.0m)(13.6m)(42.7m)

Accounts Payable

(829.0k)3.4m(13.1m)22.7m27.4m22.4m(7.2m)(38.3m)
CADY, 2019

Debt/Equity

0.1 x

Debt/Assets

0.1 x

Financial Leverage

1.2 x
Show all financial metrics

Aurora Operating Metrics

FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020

Average Selling Price per Gram (Dried Cannabis)

C$6 C$7 C$7 C$7 C$8 C$8 C$6 C$5 C$4 C$4 C$4

Average Selling Price per Gram (Cannabis Extracts)

C$17 C$16 C$13 C$12 C$13 C$12 C$10 C$11 C$10 C$11 C$9

Active Registered Patients

16.40 k19.28 k21.72 k45.78 k43.31 k67.48 k73.58 k77.14 k84.73 k91.12 k90.31 k

Cost of Sales per Gram Sold

C$2 C$1 C$1 C$1 C$1 C$1 C$2 C$2 C$1 C$1 C$1
Show all operating metrics

Aurora Acquisitions / Subsidiaries

Company NameDateDeal Size
Whistler Medical Marijuana CorporationJanuary 14, 2019c$175 m
ICC Labs Inc.September 10, 2018$290 m
Anandia Labs IncJune 12, 2018$115 m
MedReleaf Corp.May 14, 2018c$3.20 b
CanniMed Therapeutics Inc.March 13, 2018
Larssen LtdNovember 23, 2017
PedaniosMay 13, 2017
Peloton Pharmaceuticals Inc.March 06, 2017
CanvasRx HoldingsAugust 10, 2016$37.50 m
1769474 Alberta Ltd.
Show more

Aurora Revenue Breakdown

Embed Graph

Aurora revenue breakdown by business segment: 13.9% from Medical (Cannabis Extracts), 35.7% from Consumer (Dried Cannabis), 9.1% from Auxiliary (Support Functions), 8.9% from Auxiliary (Wholesale Bulk), 29.1% from Medical (Dried Cannabis) and 3.2% from Other

Aurora Online and Social Media Presence

Embed Graph

Aurora Company Culture

  • CEO Rating

    A+

    100/100

  • Compensation

    A+

    100/100

Learn more on Comparably

Aurora News and Updates

Thinking about buying stock in Aurora Cannabis, Co-Diagnostics, Nokia, Snap, or Vivint Solar?

NEW YORK, Feb. 27, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for ACB, CODX, NOK, SNAP, and VSLR. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

Aurora Cannabis initiated as hold at Needham on concerns of liquidity risk in the second half

Needham initiated coverage of Aurora Cannabis Inc. on Tuesday with a hold rating and $1.50 price target. Analysts Matt McGinley and Evan Greenblatt said the company has established itself as a low cot producer of cannabis, but remains deeply unprofitable and has to scale back its operating structu…

Cannabis Watch: Aurora Cannabis downgraded as Canadian sector struggles—but one analyst is upbeat

Cowen downgraded Aurora Cannabis Inc. along with Tilray Inc. and Sundial Growers Inc. on Monday with analysts becoming increasingly cautious on the outlook for Canadian licensed producers.

Thinking about buying stock in Aurora Cannabis, Barrick Gold Corp, Micron, Sprouts Farmers Market, or Tocagen?

NEW YORK, Feb. 24, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for ACB, GOLD, MU, SFM, and TOCA. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

Aurora Cannabis, Tilray and Sundial stocks slide premarket as Cowen downgrades all three

Cowen downgraded Aurora Cannabis Inc. , Tilray Inc. and Sundial Growers Inc. to market perform from outperform on Monday, and said it's increasingly cautious on the outlook for cannabis in Canada. Analyst Vivien Azer said the headwinds that have rocked the sector from pricing to too few stores to …

Cantor Fitzgerald sticks with overweight rating on Aurora Cannabis on expectations sector will rerate higher

Cantor Fitzgerald said Monday it is sticking with its overweight rating on troubled Canadian cannabis company Aurora Cannabis Inc. because it expects the Canadian licensed producers to rerate in the year ahead. In a note to clients, analyst Pablo Zuanic said he's comfortable with the recent action…
Show more

Aurora Blogs

Meet Owen Smith, Stakeholder Engagement Specialist / Faites la connaissance d’Owen Smith, spécialiste en mobilisation des parties prenantes

As we mark the first anniversary of recreational legalization in Canada, we caught up with Owen Smith, our Stakeholder Engagement Specialist, to reflect on the impact he has made on the legalization of cannabis in Canada. After all, it wasn’t long ago that Owen launched his constitutional challenge …

International Self-Care Day is July 24, 2019\La Journée internationale des autosoins du 24 juillet 2019

The phrase self-care day may summon thoughts of indulging in a special treat or a temporary escape, however taking care of oneself shouldn’t be a one-off affair. To be truly effective, organizations such as the International Self-Care Foundation advocate that International Self-Care Day, July 24, 20…

Weighing your options: Different ways to consume cannabis

How someone decides to consume cannabis may be based on several factors. In addition to the cultivar of choice and the quantity, the method of consumption will affect the onset and duration of effects, as well as the type of experience. Whether you choose to inhale or ingest cannabis, the general gu…

Know Your Strain: Peyto / À chacun sa variété : Peyto

Genetic name Alien Chemdawg Description Light green buds with striking orange hairs twisting throughout. THC ~17% CBD ~0% Top 3 Terpenes Beta-myrcene Beta-caryophyllene Limonene Ways to Consume Peyto Both Aurora and Health Canada recommend inhalation through vaping as the preferred method of consump…

How Allard v. Canada Led to the ACMPR / Comment l’affaire Allard c. Canada a mené au RACFM

Before Bill C-45 (also known as the Cannabis Act) there was the ACMPR – or the Access to Cannabis for Medical Purposes Regulations. And before the ACMPR there was the MMPR – or the Marijuana for Medical Purposes Regulations. Have we lost you in the sea of acronyms yet? The ACMPR came into place on A…

How Do I Add A Caregiver?

For some clients, such as those who are under the legal age or those with restricted mobility, the best way to receive medical cannabis is with the help of a designated caregiver. These are trusted individuals who are able to assist with a patient’s medical cannabis, including all communications wit…
Show more

Aurora Frequently Asked Questions

  • When was Aurora founded?

    Aurora was founded in 2006.

  • Who are Aurora key executives?

    Aurora's key executives are Steve Dobler, Glen Ibbott and Allan Cleiren.

  • How many employees does Aurora have?

    Aurora has 3,000 employees.

  • What is Aurora revenue?

    Latest Aurora annual revenue is C$247.9 m.

  • What is Aurora revenue per employee?

    Latest Aurora revenue per employee is C$82.6 k.

  • Who are Aurora competitors?

    Competitors of Aurora include Canopy Growth, Emerald Health Therapeutics and dosist.

  • Where is Aurora headquarters?

    Aurora headquarters is located at 10355 Jasper Ave #500, Edmonton.

  • Where are Aurora offices?

    Aurora has offices in Edmonton, Cremona and Vancouver.

  • How many offices does Aurora have?

    Aurora has 3 offices.