Aurora Cannabis: Financial Innovation Is Leading The Way – Aurora Cannabis Inc. (NYSE:ACB)Posted by On

In nature, the phrase ‘survival of the fittest’ is accurate in that it appropriately describes that the organisms that prosper are those best fit for their environments or for adapting to changing environmental conditions. In business, this is a very harsh reality as well, but perhaps the best way of rephrasing this Darwinian maxim is as follows: ‘survival of the most innovative’. To innovate in business is to survive, and in evaluating the financial transactions entered into recently in the cannabis space, one firm that stands out is Aurora Cannabis (ACB). Management has an impressive history of making things work out, of growing the firm, and of setting the company up for the long haul.

How the cannabis space is developing

In a prior article, I criticized the management team at Aurora for their strategy of entering into Portugal in the way that they announced earlier this…

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