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.
Yeap... hiring 150 people as I posted last night! I believe we finally turned things around in September. Hopefully you will see it too if things keep going in the positive direction both in opening markets and share price to follow. They are clearly not going after the value brand that nobody makes money on... I've pointed this is many times and even others are following suit.
Aurora was preparing for this? How can that be when they are clear they want no part of the recreational market?
From the article, "Reports say that the government will set up a system of “controlled distribution of cannabis to adults” for recreational consumption through licenced shops."
Nope, ACB is not a player in this according to their stated direction.
By the way, "Medicinal marijuana has been legal in the EU since 2017." and ACB has not had any significant part in that for 4 years. It seems they are shutout from both ends.
Here comes many more patients as what aurora said has been preparing for! Aka.. the extra 150 employee discussion was probably in anticipation of germany! https://www.rt.com/news/541199-new-german-government-legalize-cannabis/
Yep! I'm an investor! Btw, I was in acb after cgc, I made a huge profit with cgc and acb will be next Germany! Germany just announced!
My cost basis is $6.84 right now. Still dirt cheap if this ever turns a profit. Been messing with this for years. Just got back in the past few days. Price seems low to me.
"The company does not disclose business figures. But one thing is clear: Aurora operates in a growing market. About 20 to 30,000 patients in Germany are currently receiving cannabis as medicine, primarily as a pain reliever drug. There could be ten times as many in the future if you compare Germany with countries in which cannabis has been approved for a long time. Aside from that:"
Sorry for the day the shorts get burned!
"That's why Aurora is hiring. From the current 50 employees, the plan is to grow to 150 by the end of next year, in Berlin and Leuna. The basic requirement for a job at a cannabis producer: a police clearance certificate."
Go find this... it's out there!
Also, just so you know, I did buy more near yesterday's low as I saw yet again the potential here on how the price moved.
This is obviously just my opinion based off what I see happening, but I believe we hit the turning point back in September, but I'm looking for the long term uptrend. Don't get me wrong as i get excited about the pops too and get disappointed when a higher support level doesn't hold for this pop.
How many years is it going to be before anyone makes any money investing in pot stocks other than than the initial run on hype like all stocks do when they IPO.
"Three analysts have made estimates for Aurora Cannabis' earnings, with the lowest EPS estimate coming in at ($0.15) and the highest estimate coming in at ($0.14). Aurora Cannabis reported earnings of ($0.28) per share in the same quarter last year, which suggests a positive year over year growth rate of 46.4%. The business is scheduled to announce its next quarterly earnings report on Thursday, February 10th."
So those here that remember Peltz, at one point he seemed to talk to the tune of using hemp for packaging and it was a huge market. ..well her ny is looking at it. https://www.marijuanamoment.net/new-york-bill-would-encourage-marijuana-packaging-made-from-hemp-as-a-sustainable-plastic-alternative/
So how are you relating this to acb and it's valuation?
So I wonder what this means if anything between aurora and coke. https://www.newsbreak.com/news/2441946535212/monster-beverage-exploring-deal-with-constellation-brands-source
Don't know what their deal is. They left then came back in the spring. Maybe they are playing the same tune of what they did last year. https://thedeepdive.ca/bofa-terminates-coverage-on-tilray-aurora-cannabis/
Yep. I was in CGC back when Bruce was there and sold into a big partnership. When they started buying massive greenhouses and had crop failures is what alerted me to move over to aurora. Cam Batley had an Alegence to Terry Booth had no fiscal responsibility that didn't unfold until after they ran and hid in another country and protections of a corporation. I hope they both get exposed and properly held accountable. I believe in aurora and the tech. Our new ceo, I was not too sure about and felt he was just doing his time to get the rest of his $ from the relive deal made with aurora. He is proving he is in this to win. He had to gut the company because of the damage the previous officers did, and Mike Singer did get caught up in the high quantity no profit products. So this is what people need to understand why we are not pulling in as much as, as we moved to a market we can make money on. The bears say we were doing bankrupt. Well, that's not even on the table anymore. Things ate turned around and we have a path, this new ceo actually created a trend others are starting to follow. We just need to keep the lead. We appear to be positioned nicely in Europe which is happening before the USA. I averaged down over time, but I do believe we will make a come back as excitement will and is coming back as new markets come online. I believe over 20 usd is not far off, as for the people posting over 50, that imo will be more of a distant future based on the USA. I have a core position I plan to hold till after the USA legalization happens and will make choices then.
a far bigger market for CBD than I would have ever guessed .
that is ....BTW the best looking avatar I have ever seen.
Aurora will be profitable in another year. Then with the worldwide legalization in the next five years or so this company will do really well. The question is do you want to wait that long.
So I missed this video. It is a great summary of my take away from the earnings ca and also shows even the people tracking this market are starting to believe in our ceo.
https://www.bnnbloomberg.ca/video/aurora-cannabis-reports-mixed-q1-results~2318874?jwsource=cl
Details specific to acb! You will like this one. https://prohibitionpartners.com/2021/11/19/poland-receives-its-largest-ever-shipment-of-medical-cannabis/
Turning a CBD farming byproduct into feed for cows, chickens and sheep
https://www.opb.org/article/2021/11/16/processed-hemp-cbd-as-feed-for-livestock/
Demand for CBD Edibles Spurs due to Legalization and Acceptance of Cannabis & Hemp Consumption; Market to Reach US$ 34.15 Bn By 2031, States TMR Report
https://finance.yahoo.com/news/demand-cbd-edibles-spurs-due-113000914.html
Luxembourg Set To Become First European Country To Legalize Marijuana Following Government Recommendation https://www.marijuanamoment.net/luxembourg-set-to-become-first-european-country-to-legalize-marijuana-following-government-recommendation/
Biden’s FDA Pick Prescribed Cannabinoid Medicine And Recognized Marijuana’s Therapeutic Potential https://www.marijuanamoment.net/bidens-fda-pick-prescribed-cannabinoid-medicine-and-recognized-marijuanas-therapeutic-potential/
Ok. I thought you were saying another round was going or actively taking place. Yeah, I know they did that..was announced twice.. one for both instances a with only a few months apart...
Had to use Google to translate, but I did read we should hear more on all this next week.
Ampelparteien einigen sich auf Legalisierung von Cannabis
https://www.spiegel.de/politik/deutschland/ampel-parteien-einigen-sich-auf-legalisierung-von-cannabis-a-216b328b-5746-4eb8-afe6-034ea7a05269 $ACB
Who's buying Aurora Cannabis Inc. $ACB Top Institutional Holders
Top Institutional Holders
Holder Shares Date Reported % Out Value
ETF Managers Group, LLC 11,265,937 Sep 29, 2021 5.68% 77,960,284
Vanguard Group, Inc. (The) 6,034,462 Sep 29, 2021 3.04% 41,758,477
Mirae Asset Global Investments Co., Ltd. 1,801,385 Sep 29, 2021 0.91% 12,465,584
Morgan Stanley 1,334,962 Sep 29, 2021 0.67% 9,237,937
Bank of America Corporation 1,277,624 Sep 29, 2021 0.64% 8,841,158
Shaw D.E. & Co., Inc. 1,012,521 Sep 29, 2021 0.51% 7,006,645
Bank of Montreal/Can/ 878,245 Sep 29, 2021 0.44% 6,077,455
Sculptor Capital Lp 723,848 Sep 29, 2021 0.37% 5,009,028
TD Asset Management, Inc 659,000 Sep 29, 2021 0.33% 4,560,280
Susquehanna International Group, LLP 618,880 Sep 29, 2021 0.31% 4,282,649
Top Mutual Fund Holders
Holder Shares Date Reported % Out Value
ETF Managers Tr-EFTMG Alternative Harvest ETF 11,265,937 Sep 29, 2021 5.68% 77,960,284
Vanguard International Stock Index-Total Intl Stock Indx 2,443,816 Jul 30, 2021 1.23% 17,155,588
Global X Fds-The Global X Cannabis ETF 1,801,385 Sep 29, 2021 0.91% 12,465,584
Vanguard Tax Managed Fund-Vanguard Developed Markets Index Fund 1,316,684 Jun 29, 2021 0.66% 11,902,823
Vanguard Intl Equity Index Fds-FTSE All World ex U.S.Small Cap Index 679,291 Jul 30, 2021 0.34% 4,768,622
Spinnaker ETF Tr-Cannabis ETF 414,230 May 30, 2021 0.21% 4,001,461
Schwab Strategic Tr-Schwab International Small Cap Equity ETF 299,600 Aug 30, 2021 0.15% 2,223,032
College Retirement Equities Fund-Stock Account 206,898 Jun 29, 2021 0.10% 1,870,357
Fidelity NASDAQ Composite Index ETF 129,677 Sep 29, 2021 0.07% 897,364
Fidelity NASDAQ Composite Index Fund 117,561 Sep 29, 2021 0.06% 813,522
https://finance.yahoo.com/quote/ACB/holders?p=ACB
$ACB 'Schumer Wants To Keep 'Big Boys' Out Of #Marijuana Industry And Says Legalization Bill Is Passable' -
Right now? At this exact minute?
The financials say they raised many millions through stock sales in FY 2021. Did they for Q1 2022? Nope. But the history and share price speaks for itself.
I don't believe that is actually happening "now" as that was about a year ago and even announced by acb they were rasing money.. am I wrong? I'm not saying you are wrong, just that I thought that was done and over with and they have been working out of their $4XX million they still have left.
I'll never be a chart guy! I would have thought today would have been a green day..not 5% down. I have no idea what this head and shoulders stuff is that people are mentioning, but they seem to indicate we are still moving on up. I'm good with that! I'm hoping we hear about Germany next week!
hope so ; I think it would be Huge plus on a WORLD WIDE stage , kinda like when Canada legalized .
pivotal moment type deal . Amorica needs to be there as well !
Cowen gets paid to sell ACB shares off the shelf. In addition, by making the price target C$10.00, they just said the stock was overvalued from yesterday's close.
$ACB The current consensus among 15 polled investment analysts is to hold stock in Aurora Cannabis Inc
'Top South Dakota Lawmakers Officially Recommend Marijuana Legalization Bill For 2022 Session'
$ACB Aurora Builds on a Decade of Global Leadership in Plant Genetics with the Launch of Occo https://www.prnewswire.com/news-releases/aurora-builds-on-a-decade-of-global-leadership-in-plant-genetics-with-the-launch-of-occo-301425002.html
Aurora Cannabis Inc $ACB Price Target Raised to C$10.00/Share From C$8.50 by Cowen & Co
Republicans are finally ready to legalize cannabis
https://www.sfchronicle.com/opinion/openforum/article/Republicans-are-finally-ready-to-legalize-cannabis-16620251.php $ACB
Cannabis stocks take off on legalization hopes. One investor sees potential for more upside
https://www.cnbc.com/2021/11/11/cannabis-stocks-rise-on-legalization-hopes-tim-seymour-talks-the-move.html $ACB
No joke: Comedians, cannabis companies push pot legalization
https://apnews.com/article/entertainment-business-seth-rogen-voter-registration-congress-9138b6d88aa07453dd2b1d5529db8a53
So the ‘traffic light’ parties in Germany is getting mentioned that an announce next week is going to roll out. They seem to indicate legalization is on the agenda. So next week could be another week to keep attracting larger investors into both ACB an Tilray who I believe would benefit significantly in Germany(I own both).
Hard to imagine while most of the country is pro legalization you have folks like this choosing to stay in the dark ages. not sure they're postion won't be futile in the end.....
Kinda sounds like that to me ; to infer federal employees would NOT be allowed to consume.....kinda weird in that they are not banned from alcohol use .
Biden Promised to Decriminalize Marijuana. He Shouldn’t Wait for Congress.
https://truthout.org/articles/biden-promised-to-decriminalize-marijuana-he-shouldnt-wait-for-congress/
Followers
|
895
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
70361
|
Created
|
11/09/15
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |