Aurora Cannabis Inc (ACB)

[Elcappy1]

MACD about to cross down. Probably going to drop with no sector news... 

[tw0122]

$6.40 Kennedy he also endorsed federal rescheduling and allowing marijuana businesses to access the banking system.

, Robert F. Kennedy Jr., had advocated for legalizing marijuana, as well as psychedelics for the treatment of serious mental health conditions

CGC tomorrow earnings see $3s should have similar results as ACB 

$CGC 5,118,426 Shares (the “TRA Shares”) issued on December 9, 2024 pursuant to the Third Amendment to Tax Receivable Agreement (the “TRA Amendment”), dated as of October 24, 2022, by and among us, Canopy USA, LLC, a Delaware limited liability company (“Canopy USA”), Acreage Holdings America, Inc., a Nevada Corporation, High Street Capital Partners, LLC, a Delaware limited liability company (“HSCP”), and certain members of HSCP. 

(ii)

1,315,553 Shares (the “Put Shares”) and 1,197,658 Shares (the “Put Warrant Shares”) issuable upon the exercise of warrants (the “Put Warrants”), issued on December 9, 2024, to satisfy an outstanding put liability that was assigned to us. Each Put Warrant is exercisable for one common share at an exercise price of US$3.66 per share, and is exercisable for a period that commenced on December 9, 2024 and will end on June 6, 2029.

A lobbying contribution report filed with Congress shows that the multi-state cannabis operator Curaleaf, via the U.S. Cannabis Council (USCC), contributed a quarter million dollars to the president following his election victory last November.

“I was proud to stand alongside cannabis industry leaders at President Trump’s inauguration,” David Culver, senior vice president of public affairs at USCC, told Marijuana Moment.

“We face a wide range of challenges—including addressing debanking and finishing rescheduling—that our leaders in Washington can address,” he said. “President Trump has embraced federal cannabis reform and voiced support for the right of states to set their own cannabis laws. We look forward to working with him and his administration to meaningfully move cannabis policy forward.”

NOTUS

Meanwhile, another top marijuana executive—Trulieve CEO Kim Rivers—has also been making inroads within Trump circles.

Not only did she meet with the then-candidate last year prior to his endorsement of a Florida cannabis legalization ballot initiative that Rivers’s company largely funded, but she also attended two pre-inauguration events: a dinner celebrating Vice President J.D. Vance and a separate candlelight dinner

 On the campaign trail after meeting with Rivers, he also endorsed federal rescheduling and allowing marijuana businesses to access the banking system.

vices (HHS), Robert F. Kennedy Jr., had advocated for legalizing marijuana, as well as psychedelics for the treatment of serious mental health conditions

[nowwhat2]

[tw0122]

$4.83 + 31% How you like  it now cash positive earnings 

[tw0122]

ABC time bottom in ? $3.80s Not much changing with Trump which is ok and a bonus would be financial status that gets a real rally going. 

[Moonboy1]

Wow look at this POS tank. Will be funny if trump signs an executive order next week to legalize federally. Any thing is possible. The stock is so low now it's a great opportunity for congressional insider trading

[Peter J]

Badog, now I'm beginning to understand why you post so much on ERHC ... Cannibis... 😁

[Moonboy1]

Will be interesting tomorrow. Wonder why this couldn't hold gains again?

[Moonboy1]

Strange trading on this one yesterday. A lot of movement both ways. Maybe something is brewing. January effect?

[Moonboy1]

They are trying to drop the price so they can load up before new legislation comes out to legalize or they at least lie about new legislation to pump the stocks. There arebt a lot of bargains out there right now in other sectors. Perfect time to pump this for the pelosia of the world

[Moonboy1]

I would definitely qualify myself

[rbl100]

Thanks ! Tomorrow I will call my brokerage and find out when, how much and cost of the shares I bought and sold. Can't just go into my account and look because records only go back two years. I still do not know if this lawsuit settlement will be worth my time.

[Moonboy1]

First I heard of it. I'll have to check into it

[rbl100]

What's going on with this postcard about litigation? I can't even get my records going back that far to find out how many shares I bought and sold. Anyone know if it is worth asking my broker and wasting time only to get 30 cents form the settlement?

[Moonboy1]

Does this stock suck or what? Can't even hold a .05 gain for more than a few minutes

[koolmc]

republican government actually support mj even the president said it himself. Again i can wait it out while playing cryptos and other stocks i got time to make the trade.

[koolmc]

double post

[Moonboy1]

Unfortunately I have to go where the trend is now. I don't have money to hold long term. Made bank in qub# and xrp. This is getting worse by the day. Their is no hope left for these companies now that Republicans will control the US Government.

[koolmc]

Trick is to buy them before they go. I trade several stocks. Been playing crypto and space stock since they are hot now. In the meantime i can wait a few months for mj stocks to move again gl

[Moonboy1]

Why not wait until then. Money will much better served elsewhere. Other stocks on a tear. This is dead money in my opinion

[Moonboy1]

Well it sounds good but does nothing to help with sales and actual full legalization. Now we have basically republicans running the show for the next 4 years so I guess don't count on the US for legalization for at least another decade. This is toast in my opinion

[Bazwar6]

The hearing reclassified cannabis as a schedule three instead of schedule one. The car was originally supposed to happen the beginning of December 2024 now it's happening first quarter 2025

[Bazwar6]

[Moonboy1]

What hearings?

[koolmc]

got starter position here, should gain traction next month or so heading into the hearing imo

[Moonboy1]

Hemp derived vape products like they sell in VA are horrible compared to cannabis vapes from legal states. They do not give you a real psychoactive high where your mind can relax. They seem to be quite the opposite and cause anger issues and have addiction qualities. The POS Governor in VA has been protecting the hemp industry and blocked store fronts for cannabis which were supposed to be open by now. He is also protecting alcohol sales because they have been embezzling money from the ABC(alcohol beverage control monopoly run by the state like al capone). ABC is being sued for false termination for firing employees who were whistle blowers.

[Canna_Business]

How Companies Are Selling THCa Online Without a License:

The 2018 Farm Bill has created a legal loophole for selling THCa online. THCa, which is non-psychoactive until heated, can be sold legally if it tests under 0.3% Delta-9 THC on a dry weight basis. This allows companies to bypass traditional cannabis licensing and state regulations.

Key Points:

2018 Farm Bill: Permits cannabis products with under 0.3% Delta-9 THC.

THCa Products: Non-psychoactive until heated but converts to Delta-9 THC when smoked or vaped.

No License Needed: THCa meets legal THC limits, avoiding the need for a cannabis license.

Consumer Impact: Consumers can buy THCa products online, evading stricter state cannabis laws.

Summary: The 2018 Farm Bill has inadvertently allowed THCa products to be sold legally online by staying within THC limits, despite their psychoactive potential when heated.

For example,
https://www.reddit.com/r/CultoftheFranklin/

[tw0122]

CGC moving 08:28 AM EDT, 10/17/2024 (MT Newswires) -- Canopy Growth (CGC) said Thursday that it has made an early prepayment of $97.5 million at a discounted price under its $100 million senior secured term loan.

The company and its senior lenders agreed on the prepayment in August, which included extending the term loan's maturity date to Dec. 18, 2026, Canopy said.

Under the amended terms, Canopy said it has the option to make an additional prepayment at a $97.5 million discounted price in a total principal amount of $100 million by March 31 next year. If the company makes the second prepayment, the term loan's maturity date will be extended to Sept. 18, 2027, it said

[Moonboy1]

We need more lies from Government officials on legalization to pump this.

[Bazwar6]

https://finance.yahoo.com/news/acb-stock-likely-gain-genome-135000684.html

[Twothreetimes]

Break down

[ortco1]

Looking more like a breakout soon.

[ortco1]

I agree with that, new medical news coming also.

[Res Ipsa Loquitur]

ACB doesn’t need recreational legality in order to pop, just the rescheduling. ACB specializes on the medicinal side of the business and that’s what will aided greatly by the rescheduling. In fact, partial legality will help ACB more than full legality. This stock should explode at the end of the year when the rescheduling happens. The public comment session will end in early December. Then the rule change should happen by the end of the year. Now would be a good time to buy this stock at bargain prices in my opinion.

[ortco1]

Yes legal is on its way . Not far down the road

[Moonboy1]

Trump endorsed recreational legalization in Florida. Huge news and not one person saying a word about it on this board. That's the biggest news this industry has heard in years other than the rescheduling which is just a way to keep arresting people and keep it illegal. They will now try and destroy weed stocks like they are doing with crypto to make Trump look bad. Anything he endorses is being attacked right now

[ortco1]

We have a dip today. Let's see where we end up. $5.59 pre market

[Moonboy1]

POS or not this has officially surpassed CG# in price by .30

Never thought it would happen but looks like their earlier acquisitions paid off for the long run

[Moonboy1]

They don't really need to pump MJ anymore. Too many other sectors running too hard. Plus they don't really need it for political purposes. Everyone's focus is on the economy and war. I doubt this stock does much for a long while

[Moonboy1]

This is almost down to levels it was at when we had the two day crash two weeks ago. For some reason weed sticks never do well the smell day crypto pumps. I guess it's the same people in both segments selling one to buy the other

[Moonboy1]

What a POS this is

[Moonboy1]

This was higher than cg# once again this morning. Pretty wild. Never thought I'd see that. Looks like their massive acquisitions in the beginning are starting to pay off.

[Moonboy1]

I think cg* is now trying to artificially inflate their share price since acb is now equal and was actually higher a few times in the past few days.

[ortco1]

Yes a growing company in more ways then one.

[CaptHowdy]

I knew this was worth holding long term, despite the roller coaster price action earlier this year.

Very nice rise in PPS today on solid news. Great job by Aurora Canna on becoming cash positive.

[ortco1]

Lots of good things even changes coming on legalized in more states and banking problems lifting.

[Bazwar6]

https://www.newswire.ca/news-releases/aurora-cannabis-announces-fiscal-2025-first-quarter-results-and-delivers-positive-free-cash-flow-816860873.html

[ortco1]

We broke above $5.50 today I can see $6.00 soon

[ortco1]

We should be able to break that $5:00 resistance and move higher.

[ortco1]

It is a good report and they will be moving up . I buy the dips .