Aurora Cannabis Inc (ACB)

[Ultimate Weapon]

THANK YOU .

[mr green239]

The main business of this company is not selling cannabis, it is selling shares.

Easy to take advantage in such profitable industry. way overvalued product, the price of illegality

All 579 million in North America could consume the THC equivalent of one gram every day for the whole year over just 211,335 acres (@1,000kg/acre)..
-USA plants tomatoes over 10 million acres

Colombia Challenges Canadian Cannabis Dominance
https://www.prnewswire.co.uk/news-releases/colombia-challenges-canadian-cannabis-dominance-807903695.html

1,000 acre African cannabis farm
https://www.globenewswire.com/news-release/2019/04/10/1802002/0/en/Elpasso-Farms-Just-Announced-South-African-Health-Products-Regulatory-Authority-SAHPRA-Awarded-Elpasso-Farms-One-of-the-First-Medical-Cannabis-Cultivation-Licenses-Cannabis-Science.html



Thailand to give away one million free cannabis plants to households, minister says
https://www.cnn.com/2022/05/11/asia/million-free-cannabis-plants-to-be-distributed-to-thai-households-intl-hnk/index.html

[Moonboy1]

Can't expect much less out of liberals. Always promising the pie in the sky but secretly stealing your money and putting it in their families pockets. Trudeau is a loser. There are plenty of Republican and conservative pot smokers. But no one ever talks about that.

[player1234]

No surprise.

The amount of cash they appear to need on hand to guarantee their bonuses looks to be about $450M USD. That is the money they claim is "strategic." The strategy is to make sure they get the bonuses.

They are in the 4th fiscal quarter now and probably must have the $450M at the end of the quarter for their bonuses. The amount they diluted the shareholders for was about the amount of cash they burned last quarter and are projecting to need this quarter. That's why the claimed it was for "corporate purposes."

So they get their bonuses. The naive bagholders get the shaft.

The song remains the same.

[Snug Harbour]

What a disaster this stock has been.

[cardvic]

WOWSA, what a haircut! I have been passively watching ACB off and on for sometime, but I have to admit this surprised me.

[player1234]

"Listen to the CC to help understand the numbers and press releases to make your own decisions!"

How'd that work out? Please show everyone where the CEO mentioned he was about to take the bagholders to the woodshed again? You know this deal was in process when the call happened. This gave friends of the company time to short the stock knowing they could buy it back for a much lower price.

Management is bonused on the cash position, not the sale of cannabis.
Their claim of "enhancing shareholder value" means that as long as management keep their pay and bonuses, the shareholders (aka bagholders) should be happy.

But, it's all good. They will be "adjusted EBITDA positive" sometime in the future. RIght?

[player1234]

I can't wait to see the excuses for the latest rape of the bagholders.

What happened to the claim that they had plenty of cash?


The main business of this company is not selling cannabis, it is selling shares.

[sticker]

Aurora Strengthens Leadership Position in Germany with EU-GMP Certification at Preeminent Local Cannabis Production Facility
7:05 AM ET 5/18/22 | Dow Jones

State-of-the-art facility readying first delivery of medical grade cannabis for German patients

EDMONTON, AB, May 18, 2022 /CNW/ - Aurora Cannabis Inc. (the "Company" or "Aurora") (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, announced today the company has received EU-GMP certification for its state-of-the-art medical cannabis production facility in Germany. As a leading manufacturer of medical cannabis worldwide, achieving EU-GMP certification of the company's first German manufacturing site marks a significant milestone in the fulfillment of an awarded tender by the German Federal Institute for Drugs and Medical Devices (BfArM). Aurora is the distinct market leader in the German flower segment and will now leverage receiving the world's highest quality standard to produce and distribute premium medical cannabis in Germany.

The new state-of-the-art production facility in Leuna, Saxony-Anhalt, Germany adds to the company's pan-European network of EU-GMP facilities supplying premium, high-quality cannabis flower and extracts for medical use by patients across existing and expanding markets. Germany's medical cannabis market currently serves approximately 100,000 patients, representing only 0.1% of the population. In mature medical cannabis markets like Canada, market penetration is upwards of 1%, therefore the German market has significant potential for growth.

"With the EU-GMP certification of our first German site, we once again demonstrate Aurora's excellence and leadership in establishing the necessary infrastructure to compete in the global cannabis market," said Miguel Martin, CEO of Aurora Cannabis. "As a leading provider of medical cannabis in Germany and several other European markets, we are eager to accelerate patient access to high-quality, reliable cannabis produced in accordance with the most stringent criteria. Our first shipment from our world class Leuna facility will deliver on our commitment to the German regulatory authority and expanding patient base, a significant step in our ongoing commitment to international market growth."

Aurora was awarded a tender/contract in 2019 by the German Federal Institute for Drugs and Medical Devices (BfArM) for the annual production of 1,000 kg of high-quality medical cannabis flower over a period of four years. Despite numerous challenges due to ongoing pandemic-related restrictions and international supply chain bottlenecks, the construction of Aurora Leuna, a nearly 3,600 sq. metre production site is complete, has received its EU-GMP certification and is preparing for the inaugural shipment. The first shipment from Aurora Leuna to German pharmacies is expected via the state's cannabis agency later this month.

Martin continued "As a leading provider of cannabis flower and extracts in Germany, we are excited by the possibility of growth in the market. Our investment in domestic production with the highest quality standards will help advance patient access to high-quality cannabis. I congratulate our team in Germany on achieving this important milestone for our Leuna facility and the commencement of local production in this critical market."

As a leading global cannabis company with a footprint on four continents, sales into 12 countries, and an expansive international production network, Aurora celebrates this important milestone in the company's pursuit of enabling access to high-quality medical cannabis to patients worldwide.

About Aurora

Aurora is a global leader in the cannabis industry, serving both the medical and consumer markets. Headquartered in Edmonton, Alberta, Aurora is a pioneer in global cannabis, dedicated to helping people improve their lives. The Company's adult-use brand portfolio includes Aurora Drift, San Rafael '71, Daily Special, and Whistler, as well as CBD brands, Reliva and KG7. Medical cannabis brands include MedReleaf, CanniMed, Aurora, Whistler Medical Marijuana Corp., and Pedanios. Driven by science and innovation, and with a focus on high-quality cannabis products, Aurora's brands continue to break through as industry leaders in the medical, performance, wellness and adult recreational markets wherever they are launched. Learn more at www.auroramj.com and follow us on Twitter and LinkedIn.

Aurora's common shares trade on the NASDAQ and TSX under the symbol "ACB" and is a constituent of the S&P/TSX Composite Index.

Forward-looking Information

This news release includes statements containing certain "forward-looking information" within the meaning of applicable securities law ("forward-looking statements"). Forward-looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements made in this news release include statements regarding the production and distribution of premium medical cannabis in Germany, timing for the first shipment of cannabis from the Aurora Leuna facility to German pharmacies, competitive advantages including those related to EU GMP certification, and the Company's execution against its commitment to the German Federal Institute for Drugs and Medical Devices (BfArM). .

These forward-looking statements are only predictions. Forward looking information or statements contained in this news release have been developed based on assumptions management considers to be reasonable. Material factors or assumptions involved in developing forward-looking statements include, without limitation, publicly available information from governmental sources as well as from market research and industry analysis and on assumptions based on data and knowledge of this industry which the Company believes to be reasonable. Forward-looking statements are subject to a variety of risks, uncertainties and other factors that management believes to be relevant and reasonable in the circumstances could cause actual events, results, level of activity, performance, prospects, opportunities or achievements to differ materially from those projected in the forward-looking statements. These risks include, but are not limited to, the ability to retain key personnel, the ability to continue investing in infrastructure to support growth, the ability to obtain financing on acceptable terms, the continued quality of our products, customer experience and retention, the development of third party government and non-government consumer sales channels, management's estimates of consumer demand in Canada and in jurisdictions where the Company exports, expectations of future results and expenses, the risk of successful integration of acquired business and operations, management's estimation that SG&A will grow only in proportion of revenue growth, the ability to expand and maintain distribution capabilities, the impact of competition, the general impact of financial market conditions, the yield from cannabis growing operations, product demand, changes in prices of required commodities, competition, and the possibility for changes in laws, rules, and regulations in the industry, epidemics, pandemics or other public health crises, including the current outbreak of COVID-19, and other risks, uncertainties and factors set out under the heading "Risk Factors" in the Company's annual information form dated September 27, 2021 (the "AIF") and filed with Canadian securities regulators available on the Company's issuer profile on SEDAR at www.sedar.com and filed with and available on the SEC's website at www.sec.gov. The Company cautions that the list of risks, uncertainties and other factors described in the AIF is not exhaustive and other factors could also adversely affect its results. Readers are urged to consider the risks, uncertainties and assumptions carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such information. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities law.

View original content to download multimedia:https://www.prnewswire.com/news-releases/aurora-strengthens-leadership-position-in-germany-with-eu-gmp-certification-at-preeminent-local-cannabis-production-facility-301549911.html

SOURCE Aurora Cannabis Inc.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2022/18/c8136.html

/CONTACT:

For Media: Michelle Lefler, VP, Communications & PR, [e-mail]; For Investors: ICR, Inc., Investor Relations, [e-mail]
Copyright CNW Group 2022


> Dow Jones Newswires

May 18, 2022 07:05 ET (11:05 GMT)

[weedisgreen]

Aurora Cannabis
@Aurora_MMJ
·
20h
Replying to
@Aurora_MMJ
The certification of Aurora Leuna marks a significant milestone in the fulfillment of a BfArM tender for the annual production of 1,000 kg of high-quality medical #cannabis flower over four years. The 1st shipment is expected via the state's cannabis agency later in May.

[weedisgreen]

May be so, i would.not know. What troubles me a bit is a couple.or.more earnings ago he said sky running at 25% covered the cost to keep it open.

[Bonno]

Yes, and besides, Canada is a costly place to grow good cannabis.
Too cold...

When Africa rises North America will tremble!

[wEaReLeGiOn]

High end weed takes all the same effort to grow not so high end weed.

To me this sounds like bunk.

It doesn't cost a penny more to clone high-end weed.

This sounds a lot like selling fishing lures to fishermen.

The premium brands that are selling he said are moving to their other facilities

[weedisgreen]

Nice and colorful. I too had my jaw drop to the floor when I read about sky. When I listened to the CC, and how they said it takes too long retooling, I'm not convinced if it's the management of the building or if it really is the cost to retool. If you also read between the lines as well as complaints over the years, Canada's government made too much red tape for exports, which, IMO, is why they have all these satellite locations in some places around the world to produce in other places. It really does suck, but makes sense. The right down is the sins of the past which is Morgan Stanley didn't figure that in. Also, in the CC, it sounds like sky could not produce THC levels high enough, which is like you said, didn't sell the volume. The premium brands that are selling he said are moving to their other facilities. They are now looking at a higher end of 150M in savings vs 60 to 80. This is probably why the stock is going up as one of the analysts was pretty excited about that as it's well past just being ebita positive if such happens.

[Bonno]

Some Aurora data for all bag holders

AURORA CANNABIS $1 BILLION NET LOSS
CALEB MCMILLANMAY 15, 2022
To Bonno

Aurora Cannabis has announced net losses of $1 billion in the third quarter. They will be closing their Aurora Sky facility in Edmonton and two others in British Columbia.

Aurora says the move is an effort to make the LP “a leaner, more agile organization.”

The Aurora Sky facility is where Aurora employs 13 percent of its workforce. Aurora spokesperson Kate Hillyar declined to share how many people that included. Expect the facility to close by the third quarter of 2023.

The two BC facilities are Aurora Anandia and Whistler Alpha Lakes. Expect both to close by the end of the year.

How Did This Happen?
Aurora Cannabis is one of Canada’s largest LPs, so how exactly do they post a net loss of $1 billion?

Miguel Martin, Aurora’s chief executive, told analysts that the company suffered from excess inventory and fierce competition.

"Excess inventory". Read : bunk stays on shelves.

"Fierce competition". Read : Legacy kicks ass.

He called the market “irrational” but said, “We expect the recreational market in Canada to correct. When that process is complete, we will have added opportunities for market share and pricing.”

Correct for what? Read: Police will try to arrest their way through legacy.

In other words: we created this speculative market, we’re successfully weathering the storm, and once the market correction comes, we’ll be one of the few LPs left supplying Canadians with cannabis.

Aurora Cannabis Pulls a Hammer Time
Aurora Cannabis $1 billion
Aurora Cannabis losing $1 billion comes as no surprise. The company was never selling cannabis, according to one anonymous insider. “They were always just selling equity to bag holders.”

And nowhere is this more evident than Aurora Sky, their Edmonton grow facility that costs the company $7 million per quarter.

What ever happenned to scale?

The facility, designed to be a sea of green, was where computers and machines would automate everything. Giant cranes would handle the plants. No human hands needed to touch the cannabis.

But then consumers started buying the products. And they wanted premium brands and were willing to pay for them. Few wanted the mass-produced generic flower Aurora designed Aurora Sky for.

Aurora Sky is the equivalent of MC Hammer’s house. For those too young to remember, MC Hammer was a hip-hop artist in the 1980s. Successful beyond his wildest dreams, he bought a mansion to go with his fame. The house created headlines because, in the 1980s, spending $20 million on a home was unheard of.

But as MC Hammer’s hip-hop style dived in popularity, so did his album sales. And within a few years, he was declaring bankruptcy. Unable to afford the 40,000 sq ft house with Italian marble floors, a bowling alley, recording studio, two swimming pools, a movie theatre, tennis courts, a baseball diamond, and a 17 car garage.

Sound like a few cannabis company we know? One that hyped up its Aurora Sky facility. Even when the building was merely a concrete foundation on the eve of legalization?

Booth Makes Out Like A Bandit
Aurora Cannabis $1 billion
Terry Booth is an Edmonton electrician turned pot investor. Booth co-founded Aurora with $2.5 million of his own cash. Needing that kind of start-up capital shows what kind of legalization scheme the Trudeau government had created.

Booth never wore a suit to meetings. He was a workingman’s CEO, or at least that’s the image ascribed to him. A former employee says, “[A]s far as him being the CEO of a multi-billion-dollar company, you really got the feeling that was thrust upon him.”

Terry Booth resigned from Aurora in early 2020. The year prior hadn’t been good for the company. Aurora laid off a significant chunk of its employees, closed several facilities and saw its valuation drop by $1 billion.

Booth is now CEO of Australis, a Massachusetts-based cannabis investment firm. Like many other LP executives who inspired the Canadian market with false (some would even say fraudulent) confidence, he’s cut and run to the US.

Meanwhile, Aurora continues to lose money. “Aurora Cannabis posts a net loss of $1 billion” is becoming a typical headline.

The idea is that Aurora can afford to sell at a loss while the craft producers can’t. Over time, this leaves only the top LPs. This is the legacy of Terry Booth’s Aurora Cannabis and Justin Trudeau’s legalization scam.

Poor quality at a premium price nobody wants.

[weedisgreen]

Nice green day! Morgan Stanley sees things as a break even as not looking at the sins of the past management, so taking that impairment out shows the true strengths. It really sucks sky is being sold off, hopefully with all the shortages we get a good price. As for Isreal, sounds like that is saturated now, so probably not anything soon(my opinion) but because we are growing, things are settling out. Awesome to see Australia's growing very strong and we are going above and beyond the cost savings. Listen to the CC to help understand the numbers and press releases to make your own decisions!

[player1234]

More declines:

Revenue down
Q3 2022 total cannabis net revenue was $50.4 million, down 17% sequentially.


"Adjusted" EBITDA worse than last quarter
Adjusted EBITDA loss declined to $12.3 million in Q3 2022 versus $9.0 million


https://investor.auroramj.com/news-and-events/press-releases/123011/

[wEaReLeGiOn]

It just might take a quick drop to the $1.70s here soon.

If it's quick, I will be in for a trade. If it just keeps shedding it may never stop..

[Snug Harbour]

I remember 4 years back when the marijuana euphoria was in it's prime and this among other pot stocks were being pumped like no tomorrow and now look at this thing after a zillion for 1 stock split.

[player1234]

Why the "adjusted EBITDA positive" that ACB management has been touting for years doesn't matter, (from Uber):

"We have made a ton of progress in terms of profitability, setting a target for $5 billion in Adjusted EBITDA in 2024, but the goalposts have changed. Now it’s about free cash flow."

Even they recognize that the fiction of the phony "adjusted EBITDA" has been unmasked. There is no definition of "adjusted" so companies can make up whatever they want.

Free cash flow? Not with ACB. They get all their cash by selling shares. When ACB boasts about their balance sheet cash, they forget to mention it is all from selling shares, not product.

[weedisgreen]

So here is the closing. I was never overly excited when they made this purchase. 12 people lost their job, so my guess is the license and land itself was the expense. Now we can sell it.

https://stratcann.com/2022/05/07/aurora-cannabis-closes-down-their-200-acre-bc-farm/

And as for the 180 acre property we just picked up(why the above is no longer needed).

https://thrivecannabis.ca/

[cardvic]

ACB summary:

https://seekingalpha.com/article/4507194-aurora-cannabis-a-train-wreck-desperate-for-help?mailingid=27608383&messageid=must_reads&serial=27608383.2532383&utm_campaign=Must%2BRead%2BMay%2B5%2C%2B2022&utm_content=seeking_alpha&utm_medium=email&utm_source=seeking_alpha&utm_term=must_reads

[weedisgreen]

https://thehill.com/news/senate/3476119-momentum-builds-in-senate-for-major-cannabis-bill/

[weedisgreen]

http://crweworld.com/article/news-provided-by-pr-newswire/2374032/aurora-cannabis-to-host-third-quarter-fiscal-year-2022-investor-conference-call

I would be surprised if we get a surprise upside, but I bet it shows we are still on track. If you recall in his last conference call, I believe it was around August he figured the recreational would settle out. I'm hoping if the recreational market has rational prices then for 7s to profit, and its at that time we get aggressive with recreational again.

[awm0912]

I have to hand it to you for hanging in there and posting. I’m like you a long suffering share holder. I’m praying this makes somewhat of a recovery even if it takes 5 years.

[weedisgreen]

Maybe so. Aurora doesn't show signs of going under. I still believe and did buy more recently. I have a mix of long and short term shares, so it's going to be an interesting ride up when that starts. I feel we got beat up unnecessarily over the last 4 weeks. Tilray, in my opinion, put out earnings with a press release that was a bit creative in its language and again added some damage to the Canadian sector(trust). Also, we have an efficient manufacturing system too in not having crop loss as well.

[weedisgreen]

Sure has been terrible for the long holder's, but I still believe. Ebita positive as he stated still stands. Hopefully profitable soon after. This below wad on Twitter a couple days ago.

"Aurora is expanding its #medicalcannabis portfolio in Germany with EU-GMP produced Dronabinol isolate, which is effective in alleviating neuropathic pain. Intended for oral use, Dronabinol will be available in German pharmacies as a prescription medication."

[JackAskSlap]

ACB is 1 of many I’m collecting
All in on MJ 2022

[BottomBounce]

**** $ACB **** The pandemic saw a boom in legal recreational cannabis sales across Canada. From March 2020 to February 2021, sales totaled $2.5 billion, double the $1.25 billion of the previous 12 months.

https://theconversation.com/the-pandemic-had-little-impact-on-canadas-legal-cannabis-sales-180206

[JackAskSlap]

Need the Big Boys to start eyeing their future slice of the pie. Coke, Budweiser, Phillip Morris, they'll all want some exposure in this space and I believe 2022 is the year we see them do it

Lock n' Load

[wEaReLeGiOn]

Seems like a broken stock. It's been good for traders on several occasions, but for longs, virtually disastrous.

The ability to show a profit is paramount. Anything less is tantamount to disaster at this stage.

Shakeup needed..

[weedisgreen]

EXCLUSIVE: Aurora Cannabis CEO 'Absolutely Confident' Company Will Be EBITDA-Positive By Year's End
2 hours ago, 4:00 PM EDT
Via Benzinga
Stocks mentioned: ACB

[weedisgreen]

https://www.marijuanamoment.net/schumers-marijuana-legalization-bill-not-coming-this-month-as-senators-work-to-finalize-provisions/

[weedisgreen]

Any TA guru that can talk to his "potential" claim of skyrocketing in the near future? I'd be interested in hearing people's opinions.

[weedisgreen]

I sure would complain!

[Pennyes]

U.S. Senate votes to expand cannabis research
Updated: Mar. 26, 2022, 10:51 p.m. | Published: Mar. 26, 2022, 3:29 p.m.

EDITOR’S NOTE: NJ Cannabis Insider is co-hosting a Cannabis Career Fair & Business Expo on April 5 at Stockton University. (Students free.) Tickets here.

A unanimous U.S. Senate has voted to expand research into cannabis to see if there are any medical benefits to the drug and its compounds, including cannabidiol.

The Cannabidiol and Marihuana Research Expansion Act also would require the U.S. Department of Health and Human Services and the National Institutes of Health to report to Congress on the potential benefits or harms associated with using cannabis.

https://www.nj.com/marijuana/2022/03/us-senate-votes-to-expand-cannabis-research.html

[Pennyes]

Legalization 2.0: Massachusetts Senate approves overhaul of marijuana laws...
The Massachusetts Senate on Thursday unanimously approved the most significant changes to the state’s marijuana laws since legalization was implemented in 2017.

The package of reforms would crack down on excessive fees charged by municipalities to licensed marijuana operators, clear the way for cities and towns to approve cannabis cafes, and put more muscle behind policies meant to make the licensed pot industry equitable after decades of racially disproportionate drug arrests.

“With this bill, Massachusetts will reclaim our leadership role, carving a path to make equity a reality in the cannabis industry,” said state Senator Sonia Chang-Diaz, a Democrat, who championed the legislation as co-chair of the Legislature’s Joint Committee on Cannabis Policy. “Lowering entry costs and opening up new avenues to capital will put this multibillion-dollar industry within reach for many talented equity entrepreneurs.”

https://www.msn.com/en-us/news/politics/legalization-20-massachusetts-senate-approves-overhaul-of-marijuana-laws/ar-AAVYHqZ

[Pennyes]

Aurora to $5 tomorrow!?..
SOBs fking it up, constantly, min by min, hr by hr day after day, manipulating all Cannabis/hemp/cbd stocks, they are not learning lesson how fast cannabis stocks can run high when it does!!...Congress to Senate vote was a huge fked up manipulative event and hence whole sector was crashed again since it tried to rally couple weeks ago due to the voting event, the same voting event turned as buy rumor sell news by mainstream fking media talking senate vote may this and may that...fk!...sector now is in that perilous down fall, but watch out for a real turn around coming soon!!

[John Smith Kalk]

Aurora Cannabis Inc is a vertically integrated cannabinoid company that caters to the medical and consumer markets. The stocks are traded under the symbol ‘ACB’. The company was incorporated as Milk Capital Corp on December 21, 2006. Aurora Cannabis Inc (TSX: ACB) created a buzz in the Canadian market on Tuesday after it announced to acquire TerraFarma Inc, which owns Thrive Cannabis.

[weedisgreen]

Noticing some higher management leaving Aurora Europe. Might not be a bid deal, I have not looked around to make assumptions why... just Noticing one left in January and another in March. Because they didn't have a break in work, my guess is they left.

[weedisgreen]

Baa. Maybe I shouldn't have said anything

[weedisgreen]

Should be another good week. Being acb is focused on medical, we may have certain advantages with the bill that imo Should pass.

[weedisgreen]

Very good indeed

[wEaReLeGiOn]

Over $5.00 AH-- crazy =)

[wEaReLeGiOn]

*I didn't hit the bottom (it dropped down $2.78 after I bought) At that point I backed away and didn't look till the open, and my joy =)

I didn't hit the top either, and kept a few with stops @3.24

It appears to be leveling out. So, we wait =)

*I just set alerts on stocks I follow. I got an alert, saw the big dip, didn't see anything wrong more than usual (to keep everyone happy).

[Pennyes]

Seems so, that news did not occur when I made my breakout alert..!. May be end of day news I think, but it had a after hour spike to$4 and above, todays close will be above 4!.

[weedisgreen]

6k filed on the pr too.

https://sec.report/Document/0001279569-22-000406/

[weedisgreen]

Man, if you are still holding, you're doing awesome!

[weedisgreen]

really nice things going on. Seems the new ceo continues to do what he says.

[weedisgreen]

So in the press release that came out a but ago...

"Transaction will provide immediate positive Adjusted EBITDA to Aurora, and support the Company's path to Adjusted EBITDA profitability in the first half of fiscal 2023."