Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
they turnaround has been successful from where we were in the past
They are doing ok, not as good as o hoped. But yes, they turnaround has been successful from where we were in the past. It's still a younger industry and I would like acb to actually take on more risk getting primed for the usa and germany, which both are going to be more friendly to cannabis over the next year.
So, according to you, it should keep going down and that would be great.
What turnaround? They've diluted to death. They've continued to pull in less revenue, even with taking over additional companies, their margins are worse, their market share is worse.
That's a turnaround?
"Loose credibility"? They never had any credibility to lose. The share price shows that. They are just playing numbers games and hyping the slight of hand.
I am bullish even more at these prices, but when I looked over the last earnings, I was scratching my head and wondering how they will pull off adjusted ebita neutral or positive. The ceo has been stating for a long time it's on track and going to happen. Hopefully it's true and they didn't play a game with the adjusted component that has them loose credibility on this turnaround they did.
" $ACB $.20 coming "
Yes I agree this company is on a downward slope in the short and medium term.
I don't see how that could be?
Aren't they going to be "run-rate", "adjusted", EBITDA positive? Isn't that great news? Isn't that wonderful? Won't the share price explode due to phony, made-up numbers?
(note sarcasm)
Looks like another reverse split will be needed here to keep it from being delisted
Still, the actual debt is weighing it down, which may require a R/S in the future to pay down the debt .
waiting and seeing ... Everyone wins in this case, even the federal government.
Not good at all !
Yes, the debt is too high compared to the turnover.
$ACB has $325.57 Million DEBT
I agree, but either way I'm sure POT will be moved forward by both parties.
i was pissed the way he bashed people that enjoy weed. how did he get elected again
I believe "OLE mitch" will be replaced, very little if any opposition against pot in the Republican party.
head republicans mitch McConnel called pot smokers dope's and are trashy people that live in trailers and always vote blue so he's against legalizing marijuana
Aurora's Greybeard Brand Wins KIND Magazine's 'Best Diamonds of the Year' Award
11:36 am ET December 9, 2022 (PR Newswire) Print
NASDAQ|TSX: ACB
Aurora Cannabis Inc. (the "Company" or "Aurora") (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, is excited to announce its Greybeard Cannabis Co. brand has won KIND Magazine's 'Best Diamonds of the Year' award, as voted by hundreds of budtenders, store managers and independent cannabis retail owners across Canada.
i got some cheap shares yesterday. i still think this should hit 2 dollar
the phrase ''uncertain would be generous'' .
chucks lazy bullshit effort to attach it to the defense budget is a joke , and the turtle aint having it. weed is dead for another 2 years until 24' election it will be time to milk for votes again .
The fate of marijuana banking reform is uncertain as disagreements over the related defense bill causes delays in its consideration. $ACB
Yup, big time!
bet this is being shorted heavy
US Senate aims to attach major marijuana legislation to end-of-year 'must-pass' bills.
https://www.foxbusiness.com/politics/senate-aims-attach-major-marijuana-legislation-end-year-must-pass-bills-report
im hoping a merger with a American pot company. hopefully Jim Belushi's company
Nice to see progress in Germany. Hopefully sooner than later while we have an advantage
https://internationalcbc.com/german-lawmakers-call-for-cannabis-legalization-bill-to-be-expedited/
Think they will achieve "adjusted" EBITDA positive next month as claimed? Any forecast on what they might try to include/exclude being adjusted?
Aurora $ACB Has $325.57 Million debt
Is it just paperwork to keep the option open? I'm i missing something as I'm not seeing anything new.
Baz, sensible way around the situation. SG
Agreed 100% but .....let us NOT forget .....the Legal market is in Fact being Taxed at the SAME RATE as the illegal market Currently .
What I think they should do
Is not collect any tax for the first three years to allow companies to get their shit together and help eliminate the black market. Give a little bit up today to get a whole lot more tax down the road
it will pass. they all already have plans for the zillion tax dollars they will make
35 to 75% chance of safe banking passing from ''the experts'' is not a done deal ......but alas , I am jaded indeed .
Marijuana Banking Legislation, Expungements Bill Gain Momentum In Congress As Lame Duck Session Nears
looks like by years end we have new pot laws. load up
They keep claiming adjusted ebita positive next month. They must know of something as looking over the numbers alone would be tough. Listening to the last conference call that explains (Ontario strike, Australia and etc), it really could be possible. Combine that with usa and germany coming online, I'm thinking more peo6will get bullish on acb
Awesome! Just saw this too.
"
Todd Harrison
@todd_harrison
Bloomberg Intelligence now 70% odds on SAFE Banking while Cowen is up to 75%. We wanna read the safe harbor language if / when and I’m certain we’re not alone.
Biden just signed it
"U.S. Senator Tim Kaine (D-VA) praised the last week’s Senate passage of a bipartisan cannabis research bill he cosponsored called the Medical Marijuana and Cannabidiol Research Expansion Act."
Getting closer!
got some cheap shares today . hope it holds 1.36
Followers
|
894
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
70346
|
Created
|
11/09/15
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |