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Very doable
That is not far fetched GLTU
This will move big pharma to quickly substitute for opioids and Cannabis is the substitute imo
http://www.foxnews.com/politics/2018/08/16/trump-declares-opioids-from-mexico-china-almost-form-warfare-tells-sessions-to-sue-drug-makers.html
Just for fun
What is everyone’s prediction for Aurora Q4 revenues?
I guessed around 26-30 mill before but I am upping that a bit to 30-36 million
Again this is for entertainment purposes only the mood on this site lately is doom and gloom, panic and total BS on some points so smoke a fatty or drink a cannabud and weigh in if you like and be somewhat realistic please
I promise not to give anyone crap about their PREDICTIONS as should others
No argument here just clarifying the cash part as in it’s 104.5 million shares @48.60 for 5 billion not here’s 4 billion in cash to go buy Aurora that was inferred earlier
Constellation Brands will increase its ownership interest in Canopy Growth by acquiring 104.5 million shares directly from Canopy Growth, thereby achieving approximately 38 percent ownership when assuming exercise of the existing Constellation warrants. Constellation Brands is acquiring the new shares at a price of C$48.60 per share, which is a 37.9 percent premium to Canopy's 5-day volume weighted average price of the common shares on the Toronto Stock Exchange ("VWAP"), and a 51.2 percent premium to the closing price on August 14, 2018. Constellation will also receive additional warrants of Canopy that, if exercised, would provide for at least an additional $4.5 billion CAD to Canopy Growth.
Yes it’s capped it will never go anywhere so sell all your shares imo
I am not disputing the investment and it’s potential benefits but reality is nice when talking numbers I mean generality is ok but keep it real lol
Thats an overall investment not straight up cash it includes shares warrants etc. and they will no doubt takeover Canopy in the future and inevitably ruin it so good on Canopy that will make it easier for Aurora to dominate the market.
Canopy does not have 5 billion cash on hand you are posting nonsense
No they cant this is total crap
No it’s around Sept. 25th according to Cam Battley
Yea right June 30th was FYE but not posted until July 31
Last year 2017 FYE was July 31
https://mobile.tmxmoney.com/quote/readnews/?id=8580257527254933&symbol=AMFE:US
Yea buddy
How would they be smoking longs? Any true long here is in well below $5 I consider long at least 1 year or more and 1 year ago the PPS was $2 U.S
They are smoking day traders and those that panic for sure
ACB Canadian ticker over 15 million shares traded as of 10:30 and up over .80
https://mobile.tmxmoney.com/quote/?symbol=ACB
ACBFF U.S ticker 2.6 million shares traded and up over .60
https://mobile.tmxmoney.com/quote/?symbol=ACBFF:US
Over 9 million traded and up 1.30 not sure about a merger but something is up
Over 3.5 million shares traded for ACB in less than 10 minutes
Aurora PPS 2 year YOY MOM
ACBFF
8-14-2017 PPS $1.97 U.S 307k volume
8-14-2018 PPS $4.09 U.S 3.1m volume
Still double last years PPS at this time and the volume is up considerably.
It’s peanuts wait for Q4 2019 lol
From Aurora’s Q3
Highlights
A 249.2% increase over last year in active registered patients to 45,776 was driven in particular by the acquisition of CanniMed, contributing 21,327 patients. Excluding the CanniMed patients, Aurora increased its active registered patients in Q3 2018 by 86.5% to 24,449, as compared to 13,110 for March 31, 2017.
The Company recorded $16.1 million in revenues, up 211.1% from Q3 2017 and up 37.6% sequentially from Q2 2018.
Total cannabis sales of $10.8 million, up 149.4% from Q3 2017 and up 11.0% sequentially
Dried cannabis sold in Canada: $6.3 million, up 45.4% from Q3 2017 and up 9.6% sequentially;
Dried cannabis sold internationally: $2.3 million, down 6.1% sequentially. No international revenues were recorded in Q3 2017;
Cannabis oils sold in Canada: $2.2 million, up 44.4% sequentially. No cannabis oil sales were recorded in Q3 2017.
Service and other revenues: $2.3 million, up 175.1% from Q3 2017 and up 17.8% sequentially.
Design and construction consulting: $3.0 million. No such revenues were recorded for the previous quarter and same period in the prior year, respectively.
Completed key strategic acquisition and investments, including CanniMed Therapeutics, Liquor Stores NA, and The Green Organic Dutchman.
Project milestones continue to be met at Aurora Sky, including installation of key operational systems. The facility remains on schedule for first harvest, subject to licensing, in June, and significant production ramp up is expected in the second half of calendar 2018.
Successfully completed first three harvests at Aurora Vie.
Announced major funded capacity expansion with Aurora Nordic and Aurora Sun, raising total funded capacity to 430,000 kg per year.
Continued focus on international opportunities in key developing markets across multiple continents driving sustainable long-term value.
No read the article
News out:
Aurora ships mother plants to Denmark for Aurora Nordic
https://mobile.tmxmoney.com/quote/readnews/?id=8072226347796738&symbol=ACB
This gives a great overview of Aurora:
https://cosmic-s3.imgix.net/925fd440-86b0-11e8-93b4-d5cc057540a7-investor-day-2018
https://investor.auroramj.com/#/
All the info is here and yes Q3 was released
Q4 for Aurora is around Sept. 25th
It went from $1.80’s August 2017 to $12 in Jan. 2018 so sure why not. Again look at the 1-2 year charts you are being shortsighted.
ACBFF price history for day
8-7-2017 PPS close $1.86 U.S on 424k volume
8-7-2018 PPS close $4.85 U.S on 4.5 million volume
More than a 100% PPS increase YOY DTD and massive volume increase to go with it.
Yea i think it takes an extra month for EOY fins because in Canada the EOY are what’s audited not quarterly. And yes i agree 100 mil q’s are right around the corner.
That is still being worked out. It is mentioned in the video i posted earlier.
Cam Battley interview on Aurora:
Yes Cmed will show in Q4 that is what Cam Battley said. But Q4 is not out until end of September around the 26th or so. Last years Q4 was released Sept. 26th
Pretty sure Q4 is not out until end of Sept. same as last year the 26th. I do agree on the revenues though i said around 26-30 mil a while back.
News out:
High Hampton CoachellaGro project moving forward.
https://mobile.tmxmoney.com/quote/readnews/?id=6061026382009900&symbol=ACB
Financing deal closed:
https://mobile.tmxmoney.com/quote/readnews/?id=7847984872916388&symbol=RTI
Waiting for December-January for a pop imo
Trade on the canadian side for 1,766,500 shares @$6.98 = $12,330,170
Yea here is the wording in the article, combined funded capacity so I f’d up the wording lol
Completion of the transaction creates a unified cannabis industry leader with a combined funded capacity of more than 570,000 kg of high-quality cannabis per year, to be delivered via nine facilities in Canada and two in Europe. Combining MedReleaf's industry-leading cultivation yields and Aurora's ultra low-cost Sky Class production facilities, which management believes will result in production costs well below $1 per gram, position the Company to deliver high-margin growth in all domestic and international market segments.
So as of now Aurora is licensed to produce 570,000 KG annually now I know we are no where near that yet but we are licensed. What is Canopy licensed to produce?
Our new OS count is 933,936,074
Volume traded today was over 38 million for Canada and the U.S