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Unless a new study shows that cannabis use turns people into zombies, I'll be holding $ACBFF for the 3 to 5 year timeframe.
If the DEA every decriminalizes cannabis, big tobacco will swoop in. As large as $ACBFF seems at $800 Million market cap, it's nothing compared to $MO's $120 BILLION market cap.
Thank you , I think I will holding it
longer
GO Aurora $$$
What news please post I was on the golf course.
One of the largest cannabis companies in Canada this is a buy-and-hold for at least six months to a year this thing is about to explode with volume it's brewing
Buy and hold people this thing is about to rocket my opinion
No reason for the little drop ;)
Let‘s go Aurora $$$
We just got big news
Chart looks nice. Could be another big volume day.
Great volume in this sector... this could be a long run.... we will all make profit, unless Trump blows up the world...
Tells the story https://marijuanaindex.com/
MARIJUANA INDEX
North American Index
121.03
2.59 %
United States Index
51.95
1.78 %
Canadian Index
267.82
4.09 %
One thing is for sure, WEED stocks moving. News almost daily on these al the MJ and MMJ stocks. Mostly all green on this index past few days.
Great News! This company is going places. Agree this could see $5 by years end. Possibly the next GW in time.
Great News! This company is going places. Agree this could see $5 by years end. Possibly the next GW in time.
Largest volume since SPRING it's happening
Broke downtrend today could see $3.00-$5.00 very quick with news
Me too $50,000 worth
Dude look at the chart a new uptrend just started
Looking forward to seeing what tomorrow brings already.
Aurora Cannabis Launches the Aurora Envoy™
A Patent-Pending Live Plant Transporter to Target Home Grow Market
VANCOUVER, Oct. 5, 2017 /CNW/ – Aurora Cannabis Inc. (“Aurora” or the “Company”) (TSX: ACB) (OTCQX: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) today is pleased to announce that the Company will be launching its proprietary and patent-pending live plant transporter, the Aurora Envoy™ (“Envoy”). The Company filed its patent application on August 31, 2017, providing Aurora with the opportunity to pursue patent protection in over 150 countries.
The Aurora Envoy™ possesses several novel and inventive features that promote the health, vigor and vegetative growth of live plant cuttings during shipment, leading to high transplant success rates and an exceptional customer experience.
Neil Belot, Chief Global Business Development Officer for Aurora, added, “Our team looked at all available options on the market. We were unable to find one that met the Aurora Standard, and consequently we developed our own. Following months of thorough testing and design iterations, we are proud to say that no other comparable product on the market today offers the same level of technological sophistication as the Aurora Envoy™. We employ one of the best and brightest industrial designers in this industry, and with the support of our exceptional team, we have once again set a new standard for the cannabis industry.”
The Aurora Envoy™, which is anticipated to launch commercially in the coming months, incorporates several key innovative features including:
Child-proof and tamper evident design;
Long-lasting internal power source (+200 hours);
Four powerful light emitting diodes optimized for vegetative plant growth;
Opaque textured white-matte interior finish for increased reflection and even light distribution;
Breathable container design for effective air exchange and improved plant health, and
Wide-mouth design to eliminate potential condensation issues.
The Envoy brings together our guiding principle of patients-first with our ongoing support of peoples’ ability to make the choice to grow at home. The Envoy is therefore the perfect complement to our home garden offering through BC Northern Lights, which we recently acquired.
Enabling people to grow at home, to achieve higher success rates and produce exceptional yields while effectively addressing all of the issues previously raised by the public and municipal governments, is a huge step forward in helping to build this important segment of the cannabis industry.
Aurora intends to wholesale the Envoy on a worldwide basis, and has designed the manufacturing process in a way that enables cannabis producers and other plant producers to customize the Envoy with their own branding.
About time this thing goes up more than a penny
Serious money coming in. 90,000 on the bid the 2.47 now becoming support trend line is up
5+ by Jan. Might swing my second half
90,000 on the Bid at $2.46 insane ! Big money coming in
Volume coming in!
Yes and beyond I Am IN!
WOW ACBFF doing the Happy Dance today. The March to 3 dollars is in Progress!
BNN's videos on $ACBFF
http://www.bnn.ca/related/tag?Tag=Aurora%20Cannabis
Note that Flash is required to view these videos.
Even more news :)
Looks like we are in the live plant shipping business now. Check it out!!!
https://mobile.tmxmoney.com/quote/readnews/?id=6191003905291447&symbol=ACB
The 4 analysts offering 12 month price targets for Aurora Cannabis Inc have a median target of 3.25, with a high estimate of 3.80 and a low estimate of 3.25. The median estimate represents a 12.07% increase from the last price of 2.90.
As of Sep 29, 2017, the consensus forecast amongst 4 polled investment analysts covering Aurora Cannabis Inc advises investors to purchase equity in the company.
Quoted from today's Financial Times
https://markets.ft.com/data/equities/tearsheet/forecasts?s=ACB:TOR
The ACBFF March continues.. Looking bright today!
This came from another board (MJNA) but thought everyone like to know ACBFF was mentioned...
Demand Outpacing Supply as Canadian Cannabis Legalization Looms
8:30 am ET October 3, 2017 (PR Newswire)
The Canadian government's plan to push through legalization of marijuana for recreational purposes by mid-2018 figures to deal a serious blow to the existing black market. However, industry analysts are increasingly skeptical of the ability of the country's Licensed Producers to keep pace with this forecast spike in demand. As noted in a recent article published by CBC, "Unless something changes quickly, the supply of available pot come legalization next July, will be inadequate, and the black market will continue to thrive." ABcann Global Corp. (OTC: ABCCF) (TSX-V: ABCN) (ABCCF Profile), with its healthy cash position and aggressive expansion plans, is one company seeking to address these supply concerns, particularly in the medicinal market. Joined in the space by Canopy Growth Corp. (OTC: TWMJF) (TSX: WEED), Aurora Cannabis, Inc. (OTC: ACBFF) (TSX: ACB), Aphria, Inc. (OTC: APHQF) (TSX: APH) and Medical Marijuana, Inc. (OTC: MJNA), ABcann's relatively low market cap and beefy portfolio of pharmaceutical-grade IP have it on the radar of investors looking to capitalize on Canada's much-anticipated "green" revolution.
Aurora Cannabis Inc. (TSX: ACB) (OTCQX: ACBFF) today announced that the Company has completed the acquisition of 100% of both BC Northern Lights Enterprises Ltd. and Urban Cultivator Inc., leading companies, respectively, in the production and sale of proprietary systems for the safe, efficient and high-yield indoor cultivation of cannabis, and in state-of-the-art indoor gardening appliances for the cultivation of organic microgreens, vegetables and herbs in home kitchens.
BCNL and Urban Cultivator, which have been operating for 16 years and 7 years, respectively, are each growing strongly and, combined, are tracking to generate more than $5 million in revenues in their current fiscal year, ending October 31, 2017.
Neil Belot, Chief Global Business Development Officer said, "These transactions are an important step in Aurora's strategy to serve the home gardening market in Canada for patients who choose to grow their own medical cannabis, and ultimately for adult consumers who choose to grow their own after Canada's federal government legalizes adult usage, which is anticipated by July, 2018. For over a decade, BC Northern Lights products have been widely recognized as the gold standard for home cannabis production, and we look forward to integrating our offerings to deliver a truly unique and full service customer experience."
As at August 21, 2017 10,547 Canadians were registered to grow either their own cannabis or as designated growers for others (source: Health Canada in response to questions from Lift.co). The number of home cannabis cultivators is expected to grow as a result of continued processing of applications by Health Canada, with further expansion anticipated subsequent to legalization of cannabis for adult use, with a proposed limit of four plants per household. While the ultimate number of home growers is anticipated to be limited relative to the overall size of the market, it represents very significant upside potential for BCNL to grow its customer base and market share.
"These acquisitions add an excellent range of proprietary products to our expanding portfolio of customer offerings that meet the Aurora Standard, and position us extremely well to capitalize on the opportunity in a distinct and rapidly-growing segment of the market," said Terry Booth, CEO. "We have always advocated for people's ability to make their own choices and are very supportive of the Supreme Court's Allard decision, which confirmed patients' rights to grow their own medical cannabis. Similarly, we believe that, after implementation of consumer legalization in Canada, individuals who choose to grow their own cannabis should have access to cultivation solutions that are in controlled environments, safe, and can produce high-yielding, high quality cannabis."
Mr. Booth added, "BCNL indoor grow systems produce consistent, predictable, and repeatable yields, while at the same time reducing the labour intensity normally associated with home growing. We believe the systems' CSA-approved design, safety features, and odorless operation will generate strong resonance with our target markets, and securely address potential concerns among municipal governments. We are very pleased that both co-founders, Tarren and Linnea Wolfe, have agreed to stay on with Aurora and help drive our expansion strategy in the home grow market."
"We are delighted to now be part of the Aurora family," said Tarren Wolfe, co-founder of BCNL and Urban Cultivator. "This will enable us to address a much larger audience of people who have been empowered by the Allard decision to operate a home garden, and are seeking access to the equipment, genetics, and educational support services to do so. In teaming up with Aurora, we will work with an industry-leading team of cannabis branding specialists and sales and marketing professionals to bring BCNL to the next level. In addition, Aurora's Licensed Producer status means the Company will soon be able to provide a fully integrated package, including starter materials such as clones, offering one-stop shopping for people who choose to grow their own cannabis at home."
https://technical420.com/cannabis-article/aurora-cannabis-inc-acquires-bc-northern-lights-enterprises
Very nice , thank you :)
GO Aurora $$$
News out more acquisitions:
https://mobile.tmxmoney.com/quote/readnews/?id=5713187281363550&symbol=ACB
I know this has been posted before but here it is again in case there are any new potential investors...
https://www.newcannabisventures.com/aurora-cannabis-q4-sales-grow-387-to-5-94-million/
Company seems to be going places!
After the completion of sky 100,000 kilos is 100,000,000 grams x average sale of a gram from 26th NR (7.45)=745,000,000 not to mention Germany’s price per gram is higher, and oils. JUST MY OPINION.
Thanks triple9 you always come in clutch. God bless
I'll do my best!
ACBFF currently has 343.69M shares outstanding, with a float of 333.52M.
https://finance.yahoo.com/quote/ACBFF/key-statistics?p=ACBFF
Options (the right to buy stock for a specific price after a certain period of time) for 1,900,000 shares were given to current Aurora employees at a price of CAD $2.76. So, say a random Aurora Manager was awarded 10,000 Stock Options. Those options expire in 5 years, so the company is saying "for your hard work today, in several years when our stock price is higher, you'll be able to buy shares for CAD $2.76". So say the ACBFF is trading at $6.00 in 2019. These employees will be able to get shares by paying the company $2.76 per share.
Not sure when that happened, so I don't know if these extra 1.9M shares are already included in OS or not.
Back to our example Manager. In the next 12 months, she will have the option of buying 3,333 shares at CAD $2.76. In 24 months, she will have the option of another 3,333 shares. Ditto in 36 months. Regardless of when those vest- 12, 24, 36 months- they all must be used within 60 months.
The second part is about Restricted Stock Units. 2,007,110 special options will be issued subject to a shareholder vote at the upcoming annual meeting (you will get to vote on this via the proxy package).
RSUs are like regular Options, but they have to be held for a longer period of time and they have additional restrictions like you have to still be with the company to exercise them and/or you can't have been fired. This is to entice employees to stay on for longer periods of time.
I'll be voting for the RSUs when I get my proxy pack. I think it's great for moral and in my experience people work harder when they have a piece of the action.
Can some one break this down and explain this—
http://www.newswire.ca/news-releases/aurora-grants-restricted-share-units-and-options-648721013.html
Thanks in advance.????
Germany’s going to be fun to see what numbers they pull out of there.. from my understanding people’s insurance pays for medical marijuana. No waiting for the paycheck every other week! just my opinion. GLTA lets get this monnnney
Yeahh buddy that’s what I’m talking about!
If they have so much cash and will be producing cash .... they shouldn’t have to increase it anymore. And once it’s legal institutions will invest boom
I agree the outstanding shares seems to be the only thing I hear is the problem...but if thats all we have to worry about it'll be fine-in my opinion. maybe one day there will be a stock buyback? who knows... but I'm assuming they will have a little cash to do that in a year or two. again, just my opinion. GLTA
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