How soon is soon? I don't feel it will as they just had their best quarter
More food news coming. Remember we just did another shipment to them a few months back. Things are starting to align.
Why would you think that?
You and others might like this talk about acb as well.
Maybe if you are just getting in!
"Aurora Cannabis swings to a profit in 2Q; shares skyrocket"
The sooner they get that death note cleared out the faster. This goes back above a dollar and up list into a better exchange. It’s just a win-win for everybody.
Same but $ACB seems be best R/R imo
I believe the significant dilution is over just to keep the lights unlike the others. This company is years ahead of cgc, tilray, and many others when it comes to cleaning themselves up. Note I do own some tilray, ogi, hiti and some MSO companies as I believe in all of them.
Nice float reduction at these prices
“Net cash position of over $200 Million, Expects to Repay the Remaining US$5.3 Million Balance of Convertible Senior Notes in February 2024”
Let's get back over 1usd!
Congratulations as it's up 20% so far in ah!
What they said earlier this year.
Global and U.S. expansion
We believe that the global expansion of cannabis medical and recreational markets is just beginning. The Company believes its strengths in
navigating complex regulatory environments, compliance, testing, cultivar breeding, genetic science, and cultivating high quality cannabis are
essential strengths that create a repeatable, credible and portable process to new market development. These drive our current leadership in
international medical markets which should allow us to win as new medical markets emerge and potentially transition to recreational markets.
For instance, Aurora and its partner won three of nine awarded tenders, representing all of the available dry flower tenders, in the French
medical cannabis trial program, a large medical market expected to open fully in the next two years. In addition, Aurora is at the forefront of
large developing federally legal consumer markets, with a leading position in the German medical market and as one of three domestic
German producers, is well positioned as that country’s government works toward introducing consumer market legislation as early as 2025.
We also believe that the U.S. cannabis ...
Earnings today! I'm pretty excited to see if they are on track or ahead of schedule in regards to their free cashflow projection in 2024! This will be our first conference call since the usa announced the recommendation to reschedule medical cannabis, which I hope they get asked about how they see themselves entering that new market, and ifnit does, does that change the goal post for positive free cashflow. OGI just got a big infusion of cash from their investor, maybe we have someone looking to team with us now too since the books are cleaned up
Wall Street's median 12-month price target for Aurora Cannabis Inc is $2.78?, above? its last closing price of $0.48. ???
This summary was machine generated November 8 at 00:55 GMT. All figures in Canadian dollars unless otherwise stated.
Aurora Cannabis Inc
Day Range: 0.4562 - 0.48
Last Trade Time: 2:31:36 PM EST
Total Trades: 7,192
Earnings on November 9th. I believe they gave guidance at the last earns that this quarter will be similar, but maybe we will get a nice surprise with the orchid harvest and Australia.
Which has be scratching my head with the recent prs about how all the bad crap should be behind us... even the dilution should have ended a few weeks ago. Rescheduling in the usa last I knew was still moving forward, which caused a massive pop here. When it really does happen over the next month or so, will be interesting how we trend then.
Nice we are protecting our IP
Can you explain how this is not spam and just promoting some other stock?
Are you expecting the whole market to be collapsing or just aurora? If acb, why as the dilution is supposedly all over at tbis point.
Talk to me next week when you see $0.30 and in 2 weeks $0.10
This is the latest pr.. u guys r crazy, but so am I. "Aurora has a highly flexible capital structure, with approximately C$227 million of total cash available to support strategic growth initiatives and value accretive M&A opportunities. As a result of the Offering, we do not believe that we will need to pursue an at-the-market offering program for the medium term, as we expect to deliver on our stated objective of being free cash flow positive in calendar 2024" stated Aurora's CEO Miguel Martin. "
Just curious, what doc and when did you pull that from?
Cgc working with acb in some way? Not sure of that post