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Biden’s pardons for marijuana possession inject issue into midterms final stretch
https://www.washingtonpost.com/politics/2022/10/07/biden-marijuana-midterm-elections/ $ACB
Biden Health Secretary Has Already Talked To FDA About Marijuana Scheduling Review, Which Will Move ‘Quickly’ https://www.marijuanamoment.net/biden-health-secretary-has-already-talked-to-fda-about-marijuana-scheduling-review-which-will-move-quickly/ $ACB
Cannabis Extract Market - The global cannabis extract market size is expected to be valued at USD $28.5 billion by 2027, according to a new report published by Grand View Research, Inc $ACB
Netting will help ACB going down to $0.50 soon
And ACB has declining revenue and has been laying people off and closing facilities. How is it they are going in the opposite direction? Do tell
Facts matter
And at the same time ACB revenue declined, ACB margins declined
Declining revenues and margins in a growing market? Do tell
Facts matter
Wow. ACB is in the hemp market? Do tell
Facts matter
Cannabis Extract Market - The global cannabis extract market size is expected to be valued at USD $28.5 billion by 2027, according to a new report published by Grand View Research, Inc. $ACB
Retail Cannabis Market Generated $11 Billion in Sales, More Than 90,000 Jobs.
https://norml.org/news/2022/02/17/canada-retail-cannabis-market-generates-11-billion-in-sales-more-than-90000-jobs/ $ACB
The Marijuana Opportunity Reinvestment and Expungement (“MORE”) Act (H.R. 3617) passed the House on April 1, 2022. $ACB
The rule of pot politics, as recently put by legalization supporter Sen. Jeff Merkley of Oregon, is that, “No one has paid a political price ever for supporting cannabis.” In this year’s races, we’ll see if anyone pays a price for opposing it.
The House approved it, so when will the US legalize marijuana?
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 $ACB
The Industrial Hemp market size was worth around US$ 4.5 billion in 2021 and is estimated to hit approximately US$ 17.24 billion by 2030. $ACB
ACB says, "Balance Sheet Among Strongest in Industry"
The market says, BS. The fact is, by all metrics, ACB is the lowest valued in the industry by the market.
Facts matter
That's great news! How's it done since that change?
Facts matter
Aurora Cannabis Inc Raised to Hold From Sell by Canaccord Genuity $ACB in sept
Aurora Cannabis Repurchases ~US$23 Million Principal Amount of Convertible Notes; Balance Sheet Among Strongest in Industry $ACB
'Colorado And Washington Got More Tax Revenue From Marijuana Than From Alcohol Or Cigarettes In FY22, Report Finds'
Biden pardons all federal offenses of simple marijuana possession in first major steps toward decriminalization
https://www.cnn.com/2022/10/06/politics/marijuana-decriminalization-white-house-joe-biden $ACB
A 2 month old article?
How's that working out?
Facts matter
Aurora Cannabis Inc. $ACB has $0 in cash from their cannabis business.
Every dollar they have is from selling shares and diluting shareholders.
They are not in the cannabis business. They are in the selling shares business.
That is why they are valued so low
Facts matter
Germany, Luxembourg, Malta And The Netherlands Recently Discuss Marijuana Legalization At a Historic Joint Meeting. $ACB
Aurora Cannabis Inc. $ACB has $439.14M in cash.
Full Time Employees: 1,338
https://auroramj.com
Given that article is one month old, how'd that work out for you?
Not a single dollar of that came from product. Every dollar came from selling shares.
Facts matter
During that time of growth for the industry, ACB revenue and margin continuously declined.
Facts matter
Cannabis stocks rocket to a record day after Biden lights the fuse https://marketwatch.com/story/cannabis-stocks-rocketed-to-record-day-after-biden-lit-the-fuse-11665088319 $ACB
Stocks Get a Glimmer of Hope as Signs of Peak Inflation Appear
https://bloomberg.com/news/articles/2022-09-14/stocks-get-a-glimmer-of-hope-as-signs-of-peak-inflation-appear $ACB
$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 $ACB
Aurora Cannabis has $439.14M in cash. $ACB
News out as well. Between this and Biden, good things imo.
"Aurora Cannabis Repurchases ~US$23 Million Principal Amount of Convertible Notes; Balance Sheet Among Strongest in Industry"
Pretty bold move. The start of something.
Then why have revenue and margins been going down each quarter for years for ACB?
Retail Cannabis Market Generated $11 Billion in Sales, More Than 90,000 Jobs.
https://norml.org/news/2022/02/17/canada-retail-cannabis-market-generates-11-billion-in-sales-more-than-90000-jobs/ $ACB
earnings sucked but this is still the best company in the entire sector ? really ? the few on this board are shameless ....and oh yeah democrats are gonna get it done .
So I don't recall any statement about profitability in early 2023. Did anyone else hear this in the last earnings call? Ebita yes...
https://mjbizdaily.com/aurora-cannabis-increasingly-looks-to-europe-eyes-first-profit-in-early-2023/
I did see one of the analysts moved acb from a sell to a hold as they felt the shareprice was now properly reflecting the real value. I still feel we are undervalued, but this is me assuming europe and the usa will be legal over the next 365 to 600 days, and acb maintains its market share plus some
Insiders need to be adding to their positions. Instead of bonuses, naybe restricted shares they cann sell for a few years.
Will be nice when this happens. I believe I read it's now expected early next year, but anymore things seem to always be twice as long.
According to you, ACB's book value dropped by 46% in 3 weeks. That's great news, right?
Imagine what another 3 weeks will do.
ACB, the song remains the same.
Aurora Cannabis $ACB Book value is $2.66
Treasury Asks White House To Approve Plan On Collecting Marijuana Business Banking Data https://www.marijuanamoment.net/treasury-asks-white-house-to-approve-plan-on-collecting-marijuana-business-banking-data/ $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 $ACB
$ACB is WAY OVERSOLD and UNDERVALUED
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