Aurora Cannabis Inc (ACB)

[Canna_Business]

How Companies Are Selling THCa Online Without a License:

The 2018 Farm Bill has created a legal loophole for selling THCa online. THCa, which is non-psychoactive until heated, can be sold legally if it tests under 0.3% Delta-9 THC on a dry weight basis. This allows companies to bypass traditional cannabis licensing and state regulations.

Key Points:

2018 Farm Bill: Permits cannabis products with under 0.3% Delta-9 THC.

THCa Products: Non-psychoactive until heated but converts to Delta-9 THC when smoked or vaped.

No License Needed: THCa meets legal THC limits, avoiding the need for a cannabis license.

Consumer Impact: Consumers can buy THCa products online, evading stricter state cannabis laws.

Summary: The 2018 Farm Bill has inadvertently allowed THCa products to be sold legally online by staying within THC limits, despite their psychoactive potential when heated.

For example,
https://www.reddit.com/r/CultoftheFranklin/

[tw0122]

CGC moving 08:28 AM EDT, 10/17/2024 (MT Newswires) -- Canopy Growth (CGC) said Thursday that it has made an early prepayment of $97.5 million at a discounted price under its $100 million senior secured term loan.

The company and its senior lenders agreed on the prepayment in August, which included extending the term loan's maturity date to Dec. 18, 2026, Canopy said.

Under the amended terms, Canopy said it has the option to make an additional prepayment at a $97.5 million discounted price in a total principal amount of $100 million by March 31 next year. If the company makes the second prepayment, the term loan's maturity date will be extended to Sept. 18, 2027, it said

[Moonboy1]

We need more lies from Government officials on legalization to pump this.

[Bazwar6]

https://finance.yahoo.com/news/acb-stock-likely-gain-genome-135000684.html

[Twothreetimes]

Break down

[ortco1]

Looking more like a breakout soon.

[ortco1]

I agree with that, new medical news coming also.

[Res Ipsa Loquitur]

ACB doesn’t need recreational legality in order to pop, just the rescheduling. ACB specializes on the medicinal side of the business and that’s what will aided greatly by the rescheduling. In fact, partial legality will help ACB more than full legality. This stock should explode at the end of the year when the rescheduling happens. The public comment session will end in early December. Then the rule change should happen by the end of the year. Now would be a good time to buy this stock at bargain prices in my opinion.

[ortco1]

Yes legal is on its way . Not far down the road

[Moonboy1]

Trump endorsed recreational legalization in Florida. Huge news and not one person saying a word about it on this board. That's the biggest news this industry has heard in years other than the rescheduling which is just a way to keep arresting people and keep it illegal. They will now try and destroy weed stocks like they are doing with crypto to make Trump look bad. Anything he endorses is being attacked right now

[ortco1]

We have a dip today. Let's see where we end up. $5.59 pre market

[Moonboy1]

POS or not this has officially surpassed CG# in price by .30

Never thought it would happen but looks like their earlier acquisitions paid off for the long run

[Moonboy1]

They don't really need to pump MJ anymore. Too many other sectors running too hard. Plus they don't really need it for political purposes. Everyone's focus is on the economy and war. I doubt this stock does much for a long while

[Moonboy1]

This is almost down to levels it was at when we had the two day crash two weeks ago. For some reason weed sticks never do well the smell day crypto pumps. I guess it's the same people in both segments selling one to buy the other

[Moonboy1]

What a POS this is

[Moonboy1]

This was higher than cg# once again this morning. Pretty wild. Never thought I'd see that. Looks like their massive acquisitions in the beginning are starting to pay off.

[Moonboy1]

I think cg* is now trying to artificially inflate their share price since acb is now equal and was actually higher a few times in the past few days.

[ortco1]

Yes a growing company in more ways then one.

[CaptHowdy]

I knew this was worth holding long term, despite the roller coaster price action earlier this year.

Very nice rise in PPS today on solid news. Great job by Aurora Canna on becoming cash positive.

[ortco1]

Lots of good things even changes coming on legalized in more states and banking problems lifting.

[Bazwar6]

https://www.newswire.ca/news-releases/aurora-cannabis-announces-fiscal-2025-first-quarter-results-and-delivers-positive-free-cash-flow-816860873.html

[ortco1]

We broke above $5.50 today I can see $6.00 soon

[ortco1]

We should be able to break that $5:00 resistance and move higher.

[ortco1]

It is a good report and they will be moving up . I buy the dips .

[Moonboy1]

Not good enough haha. Heading back today b$3 range in my opinion. Legalization in the US is a completely dead issue now. They have abortion and immigration to talk about. War, economy, etc. Weed is a non issue now.

[Twothreetimes]

Good report #s

[ortco1]

We seem to have a down day today . Not sure why

[Scout72]

VFF

[PAUL_MARKOWITZ]

LOL...I think you trade with your a$$

[Moonboy1]

Breakout imminent

[Moonboy1]

So no banking bill, no legalization, so nothing has really changed. This is what we were waiting on? So now the only catalyst left is full legalization in the US. But I think it's time to focus on profits at this point. This company and every other weed company are just cash burn stock selling schemes that make zero profit n profit and probably never will and I think that's why the pot stocks are actually tanking. There is no $$$

[starkd748]

Lol I'm in that last one for a trade

[TRADER99]

My top weed stocks $ACB, $TLRY, $CGC and $ILST with the most upside

[Moonboy1]

That didn't last long. Did DEA change their mind already

[weedisgreen]

Yea, why I'm also in tbe us MSOs. Acb should have an easy entry once official

[CaptHowdy]

All the cannabis stocks popped today on news of possible declassification as Schedule I Classification. Nice action today across the secto, overall. Had to ring the register a bit, no brainer. IMO

[weedisgreen]

Good day today! Been invested with acb for years. Might not be a good time to shift just yet, but when you do, look into tcnnf and ayrwf. It would be a powerful situation if tcnnf and acb teamed up in some way. My opinion only... no rumors

[Fdc4]

Enjoy and educate yourself if you don’t know what rescheduling to level III means.

Congratulations to any holders in a marijuana- CBD company. It is going to be epic


https://www.fox10phoenix.com/news/marijuana-how-its-reclassification-by-the-dea-could-impact-americans

[a false profit]

NOW IT'S DEEEEP INTO THE $2.00 RANGE ! 1 awesome pump & dump ! good call space cadet !

[PAUL_MARKOWITZ]

How do you like it today? Me banked some good CASHE>>>>

[starkd748]

Nope I like mine

[Moonboy1]

Nice pump and dump today. I think that's about 30 times this month. May as well play this game until the election is over. Then it's back to the $2 range in my opinion. No way it will ever be legalized federally in my opinion. Too many people like Governor Glenn Youngkin in America. The worst of the worst con artist sheisters in America. A-- kissing the fact that the state of VA lost $100,000,000 in revenue selling alcohol last year. Isn't it interesting that when they legalized grow your own they lost $100,000,000 in alcohol sales but refuse to admit the truth as to why they lost $100,000,000 in alcohol sales

[ortco1]

A good buy... the future looks good

[Moonboy1]

Can't find any news as to why pot stocks are up today.

[Nelson2]

Like my thinking better. :)

GLTU

[starkd748]

Lol Technical analysis

[Nelson2]

Sounds like a porno plot. LOL

GLTA

[starkd748]

Boom inverted head n shoulders

[starkd748]

Bounced of support here come 8s no gap fill

[Ultimate Weapon]

DEA is really bout enforcement of law . FDA / HHS is more to do with schedule status of Drugs or Approval of Pharmaceuticals.
like when FDA approved Oxycontin when those Dr.s Knew it would be a DISASTER for Addiction .
But guess who Funds 80 % of the FDA ?
Yep ....the Big Pharma .
I think Joe just wants endorsement of all Factions before he Agrees to it .