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Wow. ACB is in the hemp market? Do tell
Facts matter
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
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
The Marijuana Opportunity Reinvestment and Expungement (“MORE”) Act (H.R. 3617) passed the House on April 1, 2022. $ACB
The rule of pot politics, as recently put by legalization supporter Sen. Jeff Merkley of Oregon, is that, “No one has paid a political price ever for supporting cannabis.” In this year’s races, we’ll see if anyone pays a price for opposing it.
The House approved it, so when will the US legalize marijuana?
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 $ACB
The Industrial Hemp market size was worth around US$ 4.5 billion in 2021 and is estimated to hit approximately US$ 17.24 billion by 2030. $ACB
ACB says, "Balance Sheet Among Strongest in Industry"
The market says, BS. The fact is, by all metrics, ACB is the lowest valued in the industry by the market.
Facts matter
That's great news! How's it done since that change?
Facts matter
Aurora Cannabis Inc Raised to Hold From Sell by Canaccord Genuity $ACB in sept
Aurora Cannabis Repurchases ~US$23 Million Principal Amount of Convertible Notes; Balance Sheet Among Strongest in Industry $ACB
'Colorado And Washington Got More Tax Revenue From Marijuana Than From Alcohol Or Cigarettes In FY22, Report Finds'
Biden pardons all federal offenses of simple marijuana possession in first major steps toward decriminalization
https://www.cnn.com/2022/10/06/politics/marijuana-decriminalization-white-house-joe-biden $ACB
A 2 month old article?
How's that working out?
Facts matter
Aurora Cannabis Inc. $ACB has $0 in cash from their cannabis business.
Every dollar they have is from selling shares and diluting shareholders.
They are not in the cannabis business. They are in the selling shares business.
That is why they are valued so low
Facts matter
Germany, Luxembourg, Malta And The Netherlands Recently Discuss Marijuana Legalization At a Historic Joint Meeting. $ACB
Aurora Cannabis Inc. $ACB has $439.14M in cash.
Full Time Employees: 1,338
https://auroramj.com
Given that article is one month old, how'd that work out for you?
Not a single dollar of that came from product. Every dollar came from selling shares.
Facts matter
During that time of growth for the industry, ACB revenue and margin continuously declined.
Facts matter
Cannabis stocks rocket to a record day after Biden lights the fuse https://marketwatch.com/story/cannabis-stocks-rocketed-to-record-day-after-biden-lit-the-fuse-11665088319 $ACB
Stocks Get a Glimmer of Hope as Signs of Peak Inflation Appear
https://bloomberg.com/news/articles/2022-09-14/stocks-get-a-glimmer-of-hope-as-signs-of-peak-inflation-appear $ACB
$ACB 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
Aurora Cannabis has $439.14M in cash. $ACB
News out as well. Between this and Biden, good things imo.
"Aurora Cannabis Repurchases ~US$23 Million Principal Amount of Convertible Notes; Balance Sheet Among Strongest in Industry"
Pretty bold move. The start of something.
Then why have revenue and margins been going down each quarter for years for ACB?
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
earnings sucked but this is still the best company in the entire sector ? really ? the few on this board are shameless ....and oh yeah democrats are gonna get it done .
So I don't recall any statement about profitability in early 2023. Did anyone else hear this in the last earnings call? Ebita yes...
https://mjbizdaily.com/aurora-cannabis-increasingly-looks-to-europe-eyes-first-profit-in-early-2023/
I did see one of the analysts moved acb from a sell to a hold as they felt the shareprice was now properly reflecting the real value. I still feel we are undervalued, but this is me assuming europe and the usa will be legal over the next 365 to 600 days, and acb maintains its market share plus some
Insiders need to be adding to their positions. Instead of bonuses, naybe restricted shares they cann sell for a few years.
Will be nice when this happens. I believe I read it's now expected early next year, but anymore things seem to always be twice as long.
According to you, ACB's book value dropped by 46% in 3 weeks. That's great news, right?
Imagine what another 3 weeks will do.
ACB, the song remains the same.
Aurora Cannabis $ACB Book value is $2.66
Treasury Asks White House To Approve Plan On Collecting Marijuana Business Banking Data https://www.marijuanamoment.net/treasury-asks-white-house-to-approve-plan-on-collecting-marijuana-business-banking-data/ $ACB
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
$ACB is WAY OVERSOLD and UNDERVALUED
Aurora Cannabis Inc Raised to Sector Perform From Underperform by ATB Capital $ACB
Germany's adult-use cannabis market is an estimated $12.6 billion. Cantor Fitzgerald said Tilray $TLRY and Aurora Cannabis $ACB rank as the best-positioned companies to benefit from the potential market among the pot stocks he covers. https://www.investors.com/research/is-tlry-stock-a-buy-as-germany-gets-closer-to-legalization/
German Lawmakers Tour California Marijuana Businesses To Inform National Legalization Plans https://www.marijuanamoment.net/german-lawmakers-tour-california-marijuana-businesses-to-inform-national-legalization-plans/ $ACB
Aurora Cannabis $ACB Q4 Sales C$50.22M
Piper Sandler Maintains Neutral on Aurora Cannabis, Price Target to $3 $ACB
$ACB Aurora Cannabis Top Institutional Holders
Holder Shares Date Reported % Out Value
ETF Managers Group, LLC 10,526,850 Jun 29, 2022 3.50% 13,053,294
Vanguard Group, Inc. (The) 7,118,236 Jun 29, 2022 2.37% 8,826,612
Millennium Management Llc 3,274,509 Jun 29, 2022 1.09% 4,060,391
Renaissance Technologies, LLC 3,220,384 Jun 29, 2022 1.07% 3,993,276
Shaw D.E. & Co., Inc. 2,664,650 Jun 29, 2022 0.89% 3,304,166
Two Sigma Investments, LP 2,515,071 Jun 29, 2022 0.84% 3,118,688
Morgan Stanley 2,385,461 Jun 29, 2022 0.79% 2,957,971
Mirae Asset Global Investments Co., Ltd. 1,798,034 Jun 29, 2022 0.60% 2,229,562
Bank of Montreal/Can/ 1,124,549 Jun 29, 2022 0.37% 1,394,440
Dimensional Fund Advisors LP 1,021,516 Jun 29, 2022 0.34% 1,266,679
Hudson Bay Capital Management Lp 1,000,000 Jun 29, 2022 0.33% 1,240,000
Two Sigma Advisers, LP 895,300 Mar 30, 2022 0.30% 1,110,172
Susquehanna International Group, LLP 821,106 Mar 30, 2022 0.27% 1,018,171
Top Mutual Fund Holders
Holder Shares Date Reported % Out Value
ETF Managers Tr-EFTMG Alternative Harvest ETF 10,526,850 Jun 29, 2022 3.50% 13,053,294
Global X Fds-The Global X Cannabis ETF 2,921,758 Aug 30, 2022 0.97% 3,622,979
Vanguard International Stock Index-Total Intl Stock Indx 2,682,478 Apr 29, 2022 0.89% 3,326,272
Vanguard Tax Managed Fund-Vanguard Developed Markets Index Fund 1,563,747 Jun 29, 2022 0.52% 1,939,046
Vanguard Intl Equity Index Fds-FTSE All World ex U.S.Small Cap Index 755,589 Apr 29, 2022 0.25% 936,930
DFA Investment Dimensions-Canadian Small Company Series 763,275 Apr 29, 2022 0.25% 946,461
Spinnaker ETF Tr-Cannabis ETF 408,045 May 30, 2022 0.14% 505,975
Schwab Strategic Tr-Schwab International Small Cap Equity ETF 351,932 May 30, 2022 0.12% 436,395
College Retirement Equities Fund-Stock Account 331,029 Jun 29, 2022 0.11% 410,475
iShares Core MSCI Total International Stock ETF 252,412 Aug 30, 2022 0.08% 312,990
DFA International Core Equity Portfolio 144,010 Apr 29, 2022 0.05% 178,572
Fidelity Total International Index Fund 155,864 Jun 29, 2022 0.05% 193,271
Fidelity NASDAQ Composite Index Fund 117,561 Jun 29, 2022 0.04% 145,775
DFA International Vector Equity Port 87,883 Apr 29, 2022 0.03% 108,974
Vanguard Growth and Income Fund 51,000 Jun 29, 2022 0.02% 63,240
DFA Investment Dimensions-DFA World Ex U.S. Targeted Value Port 48,561 Apr 29, 2022 0.02% 60,215
State Street Inst Inv Tr-State St All Cap Glb Equity ex-US Index Port 33,341 Jun 29, 2022 0.01% 41,342
Listed Funds Tr-Roundhill Cannabis ETF 25,678 Jun 29, 2022 0.01% 31,840
Blackstone Alternative Multi-Strategy Fund 12,000 Mar 30, 2022 0.00% 14,88
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