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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.
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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
POLITICSSenate Sends Marijuana Research To Biden’s Desk, With Schumer Saying He’s Having ‘Productive Conversations’ On Broader Reform
We broke over 1.60 premarket! Nice.
Developments in State Cannabis Laws and Bipartisan Cannabis Reforms at the Federal Level
Meeting Notes: The hearing will convene in room 2154 of the Rayburn House Office Building and over Zoom, which has been approved by the House.
Date: Tuesday, November 15, 2022 - 10:00am
Location: 2154 Rayburn House Office Building, Washington, DC 20515
Subcommittees:
Civil Rights and Civil Liberties (117th Congress)
Maybe this time it's proper now that they understand the industry better.
"Cantor Fitzgerald’s Pablo Zuanic kept an ‘Overweight’ on the stock and a 12-month price target of $3.00 per share. "
Nice rise today. Once again confirmed their claim about being ebita positive next month. Seems like it took an eternity to get things cleaned up since cam and booth did not nice things to investors. Anyway, now they need to work on getting acquired and/or lock in markets and market share as each country comes online for both medical and recreational. Anyway, this, hiti, and tilray are my plays in this sector. I believe all are undervalued.
No, President Biden didn’t legalize marijuana nationwide
https://www.verifythis.com/article/news/verify/joe-biden/biden-federal-simple-marijuana-possession-pardons-do-not-legalize-drug-nationwide/536-b7ec1403-e5ff-4c55-b430-52b849007842 $ACB
Revenue dropped, again!
Net loss increased, again!
Margins dropped, again!
They sold less than $50m of product
They sold over $800M of securities and investments
The main product of this company is not cannabis, it's shares
Keeping my fingers crossed Europe goes all in…
I believe spain ramps up medical marijuana this year. Aurora Europe is positioned to supply such.
great line of product. i see big things coming if they can ship to usa
I don't know about that, but if management did as they said, I think many investors will be pleased with the earnings and stuff starting next week. Combine that with the safe banking plus they say might take place soon after the election on Tuesday, maybe for once since the peltz press release, the bears shorting this will short their pants
this is like buying oil stock when it was 12 dollars a barrel for oil and they all were at all times lows for pps. wish i bought marathon oil at 3 bucks a share . sucks being poor
they have a awesome line of product.
We hit 1.40 but didn't close at. Not bad. So usa is getting closer! "Specifically, the Preparing Regulators Effectively for a Post-Prohibition Adult-Use Regulated Environment Act (PREPARE) Act would direct the attorney general to create a commission charged with making recommendations on a regulatory system for marijuana that models what’s currently in place for alcohol."
someone's buying like they no news is coming
Don't get too excited until after our next earnings and shareholder meeting... I've accumulated at these levels as I believe in the long term outlooks. If we can close tomorrow above 1.40 usd, that would b3 something to be excited about 8)
seems like both parties are a go for new tax money. we got a 78% approval rating for legalization. and so many new jobs from cannabis is a win win for America
And the news something is about to pass the senate soon. Hopefully soon means this year. Sounds promising!
moving up with no news is a good sign
"NAACP Calls for the “Immediate Passage” of SAFE Banking Legislation"
Another large dog showing their confidence. This loophole opens up new paths. I did read nasdaq isn't happy about the loophole... so keep that in mind. https://fintel.io/news/greenstar-canada-investment-limited-partnership-updates-holdings-in-canopy-growth-corp-weed-187
isn't Outstanding Shares 300,393,331 low
it will pass. they can't tax something that's illegal .
i hope its like ten years ago when they all were 10x to 50x runs. never no. i hope this hits 3 dollar after laws change.
"The months ahead could be shaping up to be the most wonderful time of the year for the U.S. marijuana industry, although insiders warn legislative movement isn’t a sure bet."
https://mjbizdaily.com/marijuana-banking-among-reforms-on-table-in-upcoming-lame-duck-congress/
I couple people always mention how the big dogs are "in the know" and why the shareprice kept going down. Maybe so... bit on thing I noticed recently is that institutional ownership increased about 30% in acb. So maybe... JUST maybe if I go with the "in the know" this means acb is going to go up as it did coming down.. Hopeful as I want the price to go up! Anyway, did all of cannabis hit the bottom and things are getting heated up again? I don't know. What I do know is germany is embracing canabis just as the usa is, and the rest of Europe will probably follow germany.
bought that dip this morning to add to my bag... got a few at 1.18
Aurora also owns Pedanios, a leading wholesale importer, exporter, and distributor of medical cannabis in the European Union ("EU"), based in Germany.
aurora has a outstanding line of products. that why I'm going in hard accumulating and holding long
Aurora Cannabis to Host First Quarter Fiscal Year 2023 Investor Conference Call
NASDAQ | TSX: ACB
EDMONTON, AB, Oct. 27, 2022 /CNW/ - Aurora Cannabis Inc. (the "Company" or "Aurora") (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, announced today that it has scheduled a conference call to discuss the results for its first quarter fiscal year 2023 on Thursday, November 10, 2022 at 5:00 p.m. Eastern Time | 3:00 p.m. Mountain Time. The Company will report its financial results for the first quarter fiscal year 2023 after the close of markets that same day.
Getting closer! Looks like Germany will change this before the usa does. ACB will benefit when 1 or both make this happen.
https://internationalcbc.com/germanys-legalization-plan-includes-removing-cannabis-from-narcotics-law/
conference call to discuss the results for its first quarter fiscal year 2023 on Thursday, November 10, 2022 at 5:00 p.m. Eastern Time | 3:00 p.m. Mountain Time
November 10th we should get some great numbers
my gut feeling is strong with this one. lol
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