In this video i’ll talk about Aurora Cannabis’ aggressive growth strategy that has resulted in goodwill. It’s not ideal for a company to have too much goodwill on their balance sheet, but when you look at the reason why Aurora Cannabis has it you may see the – potential – positive long term results.
Definition of Goodwill: Goodwill in accounting is an intangible asset that arises when a buyer acquires an existing business. Goodwill represents assets that are not separately identifiable.
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Please remember that i am not a financial advisor. I make these videos for educational purposes only. You are responsible for your own investment decisions. Please do your own research and use your best judgement before investing.