Aurora Cannabis Inc (ACB)

[player1234]

"If managment did as they said, we should be ebita positive over the last 12 montb"

Not even close

===

"If we dont hit ebita positive over the padt 12 months, well, my jaw will drop and they better have good reason."

How many years of disappointment is this for you?

[player1234]

Oh wait, that's not 70,408,750 additional shares during Q4.
That's 70,408,750 additional UNITS during Q4.

Since each unit is a share and warrant, that's double, 140,817,500 additional shares of dilution!

They'll give themselves nice bonuses for that

[player1234]

Let's not forget the basics.

Revenue continued to decline year-year, even with the inclusion of 2 months of Thrive

Margins declined in every category, including medical

[player1234]

Massive dilution continues.

70,408,750 additional shares during Q4. When someone posts about the supposed cash position, keep in mind that is from selling shares, not product.

The main purpose of the company continues to be to sell shares, not product.

[player1234]

Massive writedowns continue along with massive losses

When someone posts about the supposed book value, well, keep in mind it is using inflated values that are being written off continuously.

[player1234]

https://investor.auroramj.com/news-and-events/press-releases/123018/

[BottomBounce]

what

[weedisgreen]

REMINDER Earnings after hours today!

[BottomBounce]

$ACB https://www.cbsnews.com/video/president-biden-the-pandemic-is-over-60-minutes/

[weedisgreen]

Still trwnding up in a channel for months! Earnings tomorrow! If managment did as they said, we should be ebita positive over the last 12 montbs, whrre im hopeful the shareprice will go back up to where I feel it should be.

[weedisgreen]

I dont trust the current administration will pass anything. They bring these topics up around election time, where eventually sonething will happen because they will know voters will see they just talk with no action.

[weedisgreen]

Yep. One step at a time. Im pretty excited for the 20th/earnings as its my belief we are finally back on track and hopeful this will win back confidemce of many. Germany just came online earlier this year, and many places in europe are embracing medical cannabis. If we dont hit ebita positive over the padt 12 months, well, my jaw will drop and they better have good reason.

[BottomBounce]

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

[BottomBounce]

“Before moving forward, legislation like SAFE Banking requires changes to ensure that the communities most harmed by our broken marijuana policies receive support and small cannabis businesses can have the same access to capital as large multi-state operators.” $ACB

[BottomBounce]

Nevada Judge Rules Cannabis Can No Longer Be Classified As A Schedule 1 Drug $ACB

[BottomBounce]

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

[BottomBounce]

$ACB 12-month price forecasts for Aurora Cannabis Inc have a median target of 2.14, with a high estimate of 4.00 and a low estimate of 1.55. The median estimate represents a +48.49% increase from the last price of 1.44. https://money.cnn.com/quote/forecast/forecast.html?symb=acb

[BottomBounce]

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

[BottomBounce]

With Democrats Gaining Legislative Momentum, Now Is The Time For Biden To Weigh In On Marijuana Legalization https://www.forbes.com/sites/kriskrane/2022/08/10/with-democrats-gaining-legislative-momentum-now-is-the-time-for-biden-to-weigh-in-on-marijuana-legalization $acb

[BottomBounce]

Biden Says He’s ‘Working On’ Fulfilling Marijuana Campaign Pledge To Free Prisoners https://marijuanamoment.net/biden-says-hes-working-on-fulfilling-marijuana-campaign-pledge-to-free-prisoners/ $ACB

[BottomBounce]

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

[weedisgreen]

Yeah, im pretty excited about this earnings cc coming up. Hopefully everything claimed plus more takes place

[BottomBounce]

The Global Cannabidiol (CBD) Market Size was estimated at USD $551.20 million in 2021 and is projected to reach USD $3154.20 million by 2028, exhibiting a CAGR of 28.30% during the forecast period. $ACB

[BottomBounce]

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/

[BottomBounce]

Aurora Cannabis Inc. $ACB has $432.21M in cash.
http://twitter.com/Hempcontrarian

[BottomBounce]

$ACB Book Value is $4.86 per share. $ACB has $432.21M in cash

[weedisgreen]

Earnings Conference Call Details

DATE: Tuesday, September 20, 2022
TIME: 5:00 p.m. Eastern Time | 3:00 p.m. Mountain Time
WEBCAST: https://viavid.webcasts.com/starthere.jsp?ei=1564278&tp_key=5ce7d404d9

[weedisgreen]

Edit... didn't realize this was an old article

https://www.benefitscanada.com/news/bencan/aurora-cannabis-to-cover-medical-marijuana-for-employees/

[weedisgreen]

He's some details. It's interesting how this all went down as we still have a connection to aurora sky with the controlling interest.

Organization Website
bevofarms.com
Phone Number
6048880420
Bevo Farms Ltd industries
Wholesaling
Headquarters Location
7170 Glover Rd, Langley, Br...
Bevo Farms Ltd Employees Size
100-200 employees
Founded
1986
Estimated Annual Revenue
$5.0M - 25M
Operating Status
Independent

[weedisgreen]

Nice press release today. Good to see we still have use with aurora sky, just different than I would have ever expected.

[weedisgreen]

Medical Cannabis is ACBs current path at least.

[conix]

We all secretly know this already...

https://www.dailymail.co.uk/health/article-11138001/Taking-cannabis-mid-20s-damages-cognitive-development-NIH-expert-warns.html

[weedisgreen]

And. we get further...

[weedisgreen]

It's getting closer to that 2 dollars! With ACB going Adjusted EBITDA positive and the usa politics talk ramping up(Hopefully action soon), and now Switzerland.... seems things should be working towards acb's camp. It would be a nice treat if EBITDA positive however. Not a huge fan of Adjusted EBITDA positive..

[weedisgreen]

Still trending in the direction I like to see!

[weedisgreen]

As acb said, medical first for many! https://www.forbes.com/sites/dariosabaghi/2022/07/27/switzerland-fully-legalizes-medical-cannabis-and-allows-export/

[player1234]

I don't understand how that can be?

The sub-sub penny stock people say this is a "top choice" and there is "a rumor of a buy out" and the "price target has been raised." And let's not forget the famous "breakout alert".

[Snug Harbour]

Getting close to flip time again on this pathetic stock because it always make a short term move in cohoots with news on another pot stock like Tilray or something but it's always short lived.

[player1234]

Great news. Of course, it should also be mentioned that they had just lowered their target from C$4.00.

Of course, it was Cowen who continually recommended buying ACB as it plummeted. Most people didn't recognize that it was Cowen who got a cut of all the placements and dilutions. They benefitted by the share's massive descent.

Details matter

https://www.marketbeat.com/instant-alerts/tse-acb-a-buy-or-sell-right-now-2022-07/

[Bonno]

Simon loves to buy duds... lol

[BottomBounce]

Aurora Cannabis Inc Price Target Raised to C$2.00/Share From C$1.85 by Cowen & Co $ACB

[BottomBounce]

House-passed NDAA includes banking provisions for cannabis
https://www.bankingdive.com/news/house-passed-ndaa-includes-banking-provisions-for-cannabis/627485/ $ACB

[player1234]

One example:

March 15, 2022: $2.97 USD
April 15, 2022: $3.67

[weedisgreen]

BILL
2. S.4591 — 117th Congress (2021-2022)
A bill to decriminalize and deschedule cannabis, to provide for reinvestment in certain persons adversely impacted by the War on Drugs, to provide expungement of certain cannabis offenses, and for other purposes.
Sponsor: Sen. Booker, Cory A. [D-NJ] (Introduced 07/21/2022) Cosponsors: (4)
Committees: Senate - Finance
Latest Action: Senate - 07/21/2022 Read twice and referred to the Committee on Finance. (All Actions)

[weedisgreen]

I'll be surprised... but here is this.

https://www.nj.com/marijuana/2022/07/long-awaited-bill-to-end-federal-ban-on-marijuana-introduced-in-us-senate.html

[weedisgreen]

What charting system are you using? I remember it going sideways but don't recall it going up over a monthly range this year Yeah, adjusting ebita can be deceptive imo too, but hopefully what's recorded are the big concerns most of the institutions want to see. I did read things like bonus(s) don't need to be included for example.

[player1234]

ACB has trended up over a month many times. The last time was March-April of this year. The price has always, without exception, then crashed.

We'll see on the EBITDA positive stuff. But you know my opinion on that.

As for buyouts, breakouts, etc.. the sub-sub penny stock players like to try that stuff hoping to get out of their bad purchases. They are rarely correct and a broken clock has been more accurate.

[weedisgreen]

I cannot remember the last time we trended up over a month's time frame. Hopefully we make it to to the 3 month with this trend..and beyond!. I believe they will be ebita positive. Just concerned about any "adjusted" ebita positive because what might get left out might piss off investors. As for any "rumor" of a buyout, I'd be interested for that person to point to where this rumor is brought up as I would like to read it myself.

[BottomBounce]

$ACB Here comes $2's

[49andretired]

Maybe the rumor of a buy out is true?