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Where did this address come from, it seems to be a moving and storage co.
Ok so for all the negative folks on the board, I’ve done research on the company. There are simply too many avenues in which to verify an actual working company and I’m completely satisfied with my DD. I have researched several aspects of the company and have been happy with my results. One of the most glaring is the purchase of a very expensive extraction machine from Vitalis (a third party vendor) who is very satisfied with the way Sal has purchased the equipment (instead of leasing). Why in earth would anyone spend this money to NOT have a company. I do believe the man is eccentric and very right brained but the folks that work for him are the ones keeping the business moving. I believe this is a long hold but obviously do your own research and see for yourself. GLTYA
https://vitaliset.com/blog-vitalis-extraction-technology-announces-deal-hempamericana/
So far off base, why on earth would someone not want to be partners with a company that can provide in house support the way Aurora can? LMAO. Aurora is being prudent and doing its part to protect the company and its shareholders. Those companies that jumped on the CBD train the moment the Farm bill was passed in the US are in for pain and costs associated with separating their brands from it. Aurora isn’t jumping at the chance but it doesn’t mean it’s not ready for action when things are in line. Regardless of your thoughts on where this company is headed or the short sighted rhetoric that’s being disseminated, Aurora is on track for becoming the preeminent leader in this space. GLTY
TGOD and Whistler have new supply agreements! Good for ACB
https://ocs.ca/blogs/news/ocs-supply-agreements-additional-licensed-producers?fbclid=IwAR3TsAQUpyTY1rQ1dvGROpgdPXMqnQGwwqUJ14xXHuxUAEBFHxsaGWztzgc#/verify-age/success
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Is there a consensus that we would be in store for a big announcement Monday on the CC. GLTYA
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Well, well, seems crazy, they’d leave the opportunity on the table after the last time they spoke, maybe they’ve come back to the table and we will learn more Monday!
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Seems like a decent range today, feels like things are tightening up. Hopefully, it doesn’t all fall out after finances are released. For me, I’m holding long and will continue the hold but I can absolutely understand why profits are taken. ACB (imo) will get yo the stage, where these numbers won’t be so drastic in swing and stabilize but this is the excitement that is attached to burgeoning sectors. Only thing I can offer for new investors; DO NOT PANIC SELL. If you’re in it for the investment, just HOLD, you’ll see massive fluctuations in stock price and if you get caught in chasing it, you’ll lose every time. Sit back and watch the trends, learn how the news cycles work and effect swings. Market movers are good st their jobs and their jobs are to trigger stop losses and cause panic, to get back in cheaper. Just do your thing but do not allow your emotions rule your investments. GLTYA
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It’s here, production license granted 2/1/19, let the game begin!
Cam on ramping up production and catching us up on what’s been going on with the company and industry growth
From what I have read and understood, it is legal for Canadian companies to include the profits from cannabis that was ready for sale prior to the legalization date (10/17) and the last video Cam took for legalization was in September, prior to these financials ending (before 9/30) in that video he showed the room where the rec cannabis was being stored and awaiting rec sales to be legal. It sounds to me as if they will include numbers from that batch but only the company can tell us that in the call at 1030 tomorrow, as to whether they did or not.
In my readings, it seems the pre packaged stuff that was ready for rec sales prior to legal launch, which was well prior to the end of September, should be shown in these numbers. If you watched the video where Cam was showing the facility with the walk through, he showed all the finished product awaiting rec sales and projected a number (big number as I recollect) this number should be seen in these financials and as for having to answerto the shortage, those numbers shouldn’t fall to heavily on Aurora’s shoulders, since I’m sure you can recall, Aurora promised only small percentages of its production to rec sales, they are a medical company. I understand market sentiment will not reflect that because people do not do as much due diligence as they should, in general but as from my perspective, Aurora doesn’t need to answer for shortages in rec, when they are a medical cannabis company. Anyway, I understand your stand.
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How I see it, recreational sales are ALL gravy for Aurora. As I understand it, Aurora’s primary business is on its medical arm, which is good news for its investors as we are seeing 3x premium per gram sold under medical than that of recreational. I’m not sure the frenzy of numbers shown recreationally, are even a drop in the bucket as to what Aurora is realizing through its distribution channels abroad. But who knows. GLTYA
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If you remember, Aurora only promised relatively low numbers for recreational use, Aurora is a medical cannabis company and the majority of its cannabis goes to that end. Which is great for its investors! Aurora gets 3x premium per gram over its rec arm, locally in Canada. Hope this helps. GLTY
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Thank you for your service sir! Your service allowed for mine and the freedoms we all enjoy. Happy Veterans Day!
Thank you!!!
Interesting. Doesn’t change my view of where Aurora is going, not knowing the reasons behind the divestment, other than wanting liquidity. All good but interesting
This is true and I hate to say but I think it’s the best move currently. Does it hurt, yup. But I feel they will have time for that once the smoke settles. I got involved with this company because they are balls to the wall, to build their future revenue. Looking at all their moving parts, one can easily piece together the vertical and horizontal growth. In the future when other companies are paying premiums (at times toward Aurora’s bottom line) Aurora will be fully vested and this is what brings the per gram cost down. I’m happy to pay now for a future of happiness. We are in at the right time and when the right time comes for share buy back, Aurora will have the revenue to make that happen just not fiscally responsible in the short term. GLTY
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Isn’t this expected? I mean, it’s a speculative market until actual revenues start getting reflected in financials. I know it’s frustrating but anyone who dies their own DD on Aurora, can very easily see where it’s going and what will come of its SP in the future. As for me I’ll just buy more to leverage down. Hope you feel better about it soon. GLTY
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Lol. It’s selling the news, believe it or not, it’s an actual phenomenon and is a way to take profit, if you’re in for that. Folks buy the rumor, this way price is already baked in by the time it gets to the actual news, all of the day traders and those in short positions, take profits and cover. It’s quite the roller coaster, especially in a speculative market like cannabis. It will eventually settle, once actual revenues start reflecting in numbers, til then, this is the game. GLTY
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What’s funny is although rec numbers are great, Aurora has stated they get 3-3.5x premium per gram distributing medical in Germany, with the integration of CMED, Medreleaf and Aurora deautschland. We should hopefully see good numbers, although that integration could have cost us those numbers. Guess it’s a waiting game. GLTY
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The only thing I saw for sales was Jun 17, when Singer and Booth, sold shares, where are you seeing this recent transaction?
Hey bud, these are “house cleaning” trades, the computers go through their closings and run and implement trades that were already accounted for but not posted, just a numbers thing, to make sure they’re recorded. This is why we won’t see changes in SP. make sense?
One has absolutely nothing to do with the other, this action could very well just be shorts trying to exit before the numbers come out. Either way this company is set for future earnings.
Here is a link to the twitter feed (today) where Cam states it’s on Monday and not tomorrow.
https://mobile.twitter.com/CamBattley/with_replies?lang=en
Mistake, happens often, ACB is taking over ICC labs, known as ICC on TSX or ICCLF (OTC) sometimes this is an honest mistake, other times, it’s to move SP of a company not involved. Nonetheless, if you’re looking for the company that is being bought it’s ICC labs. GLTY
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That’s a credulous response to that post, I ask you to band one “worthless” company, Aurora is involved with? The post was simply being optimistic about a company that is going places.
Nice to see a little back on our losses. Aurora is set for big things in the future, for sure. Anybody who is new to Aurora and wants to know what you’ve invested in or are thinking of investing in, you should check out the companies investor prospectus on their page. No matter what you invest in, know it’s footing and growth in that space. GLTYA.
Our Facebook community is looking for good people. Feel free to join.
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Shows on Reddit... would consider them pretty reliable
So twisted on where ACB is going short term but with confidence can see where it’ll be long term! This company is making all the right moves!
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This is the best thing that has been said on his page as of recent! Perfect
I know that our sector has been beaten down relentlessly for the past week (since legalization) and I know that we have been warned of the millions of shorts that were latent. Aurora is an amazing company with amazing potential and yiu and me and all of us are in on the ground floor. Prior to Investing in Aurora, I refused to get emotional about a stock (and still do with every other stock I own) but this company is such an ongoing evolutionary epic, I can’t help myself. I’ve become a “cheer leader” of sorts but it’s only because I know the story, I know the many moving parts of whats going to make it a world leader. First movers advantage wasn’t something Aurora was able to get but more than made up for that with the true vertical and horizontal integration, regardless of what short term pressure Aurora succumbs to. We are all good. Long and Strong ACB.
Looking for new folks to help build our FB community
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Aurora is positioned to have a great future, regardless of immediate and short term SP, this company will show its resilience and bounce back. Lots of good things coming out in favor of aurora’s acquisitions and partnerships. With its investments, Aurora will grow in revenue exponentially because of these acquisitions. Lots of articles are concentrated around trashing this sector based on only Canadian affairs, which we all know is rediculous, using Aurora as an example, the minority of its efforts are spent at home, it’s worldwide expansion and distribution will surpass any and all numbers promulgated by these supposed experts. Hold your position and grow on dips, if able. This company and sector are just getting started. We are in at very exciting times. GLTYA!
Join our new FB community. Where, education and discussion is encouraged
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Good morning from the west coast. Hope this message finds everyone well, thought I’d share a new FB. Page with everyone. We have a new Aurora community, where we talk about everything Aurora and sister companies. We would greatly appreciate assistance building our community.
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Passed
Vote will be in 12 minutes. 901
We are now officially ahead of schedule on the acquisition! Congratulations to everyone, invested!
https://www.google.com/amp/s/www.bloomberg.com/amp/news/articles/2018-03-07/aurora-is-said-to-win-support-for-biggest-marijuana-takeover-yet
Why on earth is it showing days range at 5.67?!?! Also showing same for after market on seeking Alpha, so odd
Even with the addition of almost 20m shares (added for whatever reason today) we closed in the green! Go ACBFF
Does it matter what it’s called as much as it’s effect of dilution on pps when added? It’s semantics, granted it will (IMO) be absorbed quickly and will regain strength because of it but let’s not kid ourselves, it’s still dilution...
Just check out this confidence! Someone willing to pay such a premium because they know the true value of ACBFF! Over 73k shares post market!
https://m.nasdaq.com/symbol/acbff/after-hours