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Coke won’t sign with anyone (Aurora) until the US Farm Bill is put through legalizing Hemp and it’s extracts CBD and many other cannabinoids. At that point a bunch of deals will be breaking. That’s not going to happen until Congress is back in session which is week after midterm at the earliest in the middle of November. There will be a lot of things happening internationally and within the US between November and the end of the year.
The coke deal might not end up being that big of a deal. Aurora may want to be a front running brand. They may work out a deal, but Aurora wants to be a global leader. Period. They aren’t like Canopy and sold out before first day of legalization
Nice DD. This explains the takeover and amount.
Looks like it is real..
https://clinicaltrials.gov/ct2/show/NCT03639064
“Mixed oil cannabis preparation consisting of 3 differing formulations of ?-9THC and CBD is clinically available in Canada as CanniMed®. The 3 differing formulations of CanniMed® oils contain varying proportions of ?-9THC and CBD in the following ratios: 18:0; 10:10; 1:20. ”
Could be real...
https://clinicaltrials.gov/ct2/show/NCT03639064
https://oracledispatch.com/2018/10/28/take-note-auxly-cannabis-group-inc-otcmktscbwtf-following-companys-big-move/
300 million cash on hand. Wonder what’s up Chuck’s sleeve, either way should be good for the shareholder
Oh sh*+ I copied and pasted the wrong link. I was trying to put up a link on the exploration of cannabinoids into specific diseases. Now I can’t find it. Newly published. I was also sending my girl something about Duchhess of Sussex and Woman’s rights. She’s as big of an activist on that issue as I am on cannabis and prison reform.
You can delete my posts. Sorry
Starting to think the delays are intentional to push back validity and lessen the valuation for buyout and takeover. Between the board members and some other executives, this company is a seed company probably just to acquire patents, number one being the biosynthesis for mass production of cannabinoids. They are delaying everything to keep the valuation low so when it comes time for that partnership, or takeover, it will be exponentially less than what it would have been had the company stayed independent and true start up.
So poke this thing with a stick it’s dead? I mean I’ve been an investor for over 18 months, I haven’t really seen any numbers or financials. Haven’t heard any news on the first days or week of sales, now 10 days in. Did they have sales? Online, brick and mortar? How were they? Between the money I invested and the time spent I could have probably grown more flower than Auxly and would have definitely had a better return thus far. What a joke. Unless this goes from about .80 into dollars, like multiple dollars fairly soon. Overall bad investment.
Whatever the last qtr was between Aurora, Medreleaf, CanniMed, maybe 15-20% over last qtr. Between all 3 of those companies combined last qtr, their earnings will be 15-20% tops.
Timing probably coincides with when they sold some of their (Aurora) position in TGOD.
This will start steadily increasing once the 200 day MA hits 1.00 US, which will coincide with the 50 crossing. Bulls ahead from there. Thanks
In at 1.85. Would love to have some news to make it pop, make it run. Truth is, there’s too many shares for that to happen. I know once it does pop again, I will sell some of my position and transition it into US investments within the industry. It will ALL increase at a comparable clip though, there will be an increase sector wide that will make it run. (The good news is, the sector runs together. It’s not just Aurora that’s been in a lull. Will probably trade sideways until US legalizes hemp, UN reschedules, US reschedules)
This market is heavily manipulated, hopefully that is now a past tense but I doubt it. You really just had to do your DD and understand the manipulation involved with the MM’s and beyond. Best thing Aurora could do is buy back shares for the first couple of quarters.
Good news is, it will be legalized and it’s going to be a Trillion dollar industry. Not going to go into the bad news.
Canada and California actually got started with medical about the same time. Canada is just a little bit more relaxed and imprisoning people isn’t big business.
LXRP
It’s all going to happen at once. The UN rescheduling will automatically red flag review for US under the provisions of the Controlled Substances Act.
You think this sector is volatile now, wait until the US legalized Hemp, the UN reschedules, the US reschedules.
As soon as the US reschedules out of class 1, banks are opened wide open and so is the ENTIRE INDUSTRY.
As I write, unless Aurora buys back a bunch of their shares (life half, they have a billion), they may have seen their best days.
Quote
“This week”
When does Aurora release their financials? Don’t see a catalyst coming for reversal anytime soon. Their financials are going to reveal numbers for medical cannabis in Canada, won’t be staggering. From what I seen they were too busy consolidating to meet export agreements, didn’t want to complete deals when they had their own avenue carved out for exports into the same country.
A lot of dilution for what? To be the biggest on paper? Like I revert, the US isn’t just sitting back with their feet kicked up. The States are operating. Greenhouses that are up, are running at 20%.
In all actuality there are cannabis businesses in the United States that are already bigger than Canada’s biggest, they aren’t building, they are already built.
People made millions in Canada, based on hype. Cashed out. Now in US plays. Just waiting for the green light.
Just buy some more when down in the 5’s. Will hit around 9-10 dollars end of November beginning of December once the WHO release their findings on THC/Cannabis and the rescheduling in the UN begins.
Will hit 52 week high 12.53 3rd or 4th quarter 2019. Hopefully you can pick up the cheapies over the next couple of weeks.
Down to the 5’s we go. Weeeeeeeeee everyone throw their hands up on the way down of this roller coaster. Will be the only resistance tested
The real money is about to be made in this sector. All the ancillary businesses that took a back seat while everyone dumped their money into “big” Canadian producers.
Wake up. Everyone thinks the US is just kicked back with their feet up in the air. Everything is just done under the table without the press. The States are open for business.
Now do a little DD, look at some of the ancillary businesses within this sector. Their volume is ridiculously low, no one is selling. The shares are locked up. Now everyone that dropped in on the MJ hype train, has their money locked up. Blast off time. Just not for Canadian producers, they’ve been on a tear for years. Will take some time to get back the numbers on recreational, but let’s not forget. The entire country of Canada has a lesser population than California.
Blast off time, just not here
Actually the next round of financials are going to be disappointing and the share price will drop even further, for all the big producers. Their market caps are inflated. They will only be reporting medical sales and any exports, neither of which are going to be off the chart.
The money was locked in with the producers that way it will drop, money will be locked, and you won’t be able to cash out and throw it into these ancillary businesses within the industry that were about to take off.
Long story short, it will be impossible for you to average down as the prices for producers are going to continue to fall into beginning of 2019. Don’t sleep on the states either, there are greenhouses everywhere here. I’m guessing there are producers in the US already bigger than some of these giants in Canada already.
Most the greenhouses in the States are running at about 20% production, 80% of them are empty. Due to restrictions. Guess what though, they are all there and owned and operating. Plus we have all the extracted products, all of it has already been dialed in.
If it gets down to my average pps of 1.85, doubling the position. For now just a few thousand in the high 5’s. Don’t want to take that average PPS too high. Will put me around 2.00 pps. Let’s gooooooo
Loading tomorrow in the 5.80 range. Could possibly retrace to the previous 52 week high of 11.56 before year end. Grab em in the high 5’s tomorrow and double your money by years end.
This will hit 15 some time in 2019, 20 in 2020. Mark my word. Buying at these levels will get you 100% return in 1 year, nearly 200% in 2 years. You can’t beat that rate of return
Loading the boat tomorrow in the high 5’s before the reversal.
Up close to 10% after sector wide bottoming out yesterday between 11-1200.
Slingshot effect underway, on the way up.
Could be huge
I see people on hear saying no way this could reach 200-300, I don’t personally think it will. However, look at the learning lesson of bitcoin, look at how high the increases were, without anything really backing the investment.
Could be a pretty big bounce today. Noticed on E*TRADE this morning that the bid and ask prices were increasing and then just all went to zero.
@NickDiaz209 shared this video with me yesterday. Kind of like another Jimmy M investing program, except there is some credibility with John Boehner involved. “not a matter of if legalization happens, it is when”. And no he didn’t cry through the entire interview. Was well scripted. You will see Inmed in the presentation, very briefly.
Auxly has their foot on the ground in Uruguay. They’ve yet to sign with major company. Chuck Rifici is the king of cannabis and has been involved with Aurora, Canopy, etc.
Doesn’t matter. World Health Organization is beginning a review on cannabis, thc, and cannabis extracts for the United Nations beginning in November. Any change will automatically prompt review in the US under the provisions of the controlled substances act. The major players in the industry are set to release numbers beginning and middle of November as well, those will be records for each respective company.
The entire sector is being manipulated. It will continue. Until the day it is removed from schedule 1, and probably after. At that point, you will see the majority of these MJ plays fold up. Thank the good ole US of A for a big ole failed war on drugs.
Smart money, feeling pretty dumb today. Hopefully smart enough to average down.
Hello .30’s, haven’t seen ya since this time last year. Would you like to jump on board?
Cause now we down in the .60’s, took a whole lot of trying just to get down that hill.
You should see me now, eating Ramen now.
RSI at 26, GTFOH. Time to go all in. Pinks all out here.
You would think you would see with the monetary total. It would stand out, I know it did when it registered through my E*TRADE and was showing the value at 8.00 share. Got out of the shower and just so happened to look at it and was like wtf.
Could someone have accidentally been looking to set up a sell, but instead put in a bid at 8.00?
Hell at this point, let’s get into the 30’s. Wouldn’t mind 3 for a dollar. Still haven’t pulled the trigger picking more up. ACB hits the NYSE tomorrow. Hopefully it will have a nicely manipulated run and I can sell there and eat a ton of cheapies here. Who knows though, entire sector is down. Production, bio Pharma, tech, pretty much all cannabis plays. Wasn’t really expecting this to be sure price post legalization, but legalization in Canada was just the starting gun going off.
Let’s see what happens in the next 90 days, 45 days or so the UN will have reviewed THC and Cannabis. There’s a reason we are shaking these lows. Slingshot is coming. Could be coming in the form of descheduling here in the US.
If you know what you are investing in, couldn’t ask for a better price to gobble up some more.
Everyone chill. The entire sector is bottoming out today. Everyone expected Canadian legalization to be the big pay day, it wasn’t. This sector has been manipulated so much, hard telling what is next. I said about 6 months ago, on the ACB board, first day of legalization wouldn’t have a big impact on share price. Wasn’t expecting this, although not surprised. We will start seeing bigger increases as we see real numbers. This can double in a day, if not higher.
It’s just not Auxly. It’s the entire sector. New money that got in shortly before legalization or day of, down. Biopharma companies, tech, production giants, etc. All down. If you know what you are investing in, good day to buy. 1 thing that hasn’t been allowed during this roller coaster ride is cashing out on winners and buying others. It all has moved together, with a few exceptions.
Get em while they are cheap. Monday morning sale.
.85 loading zone - .82 reversal
2 for a dollar this morning. Load em up while at a significant discount. Word on the street is, smart money got in at about 25% higher PPS. Get em while they hot and on sale. Big sale at your participating On Cue CD store as well. Weeeeeeeeeeeee
10.51 USD, 9.14 Euro current
I hope Terry and Cam don’t ring the bell on October 23. Jeff Sessions and the DOJ will be waiting to take them into custody. Just another normal day in America
Old yes, but I think all the info one needs is in there. Article directly mentions Eli Lilly. Look at the board of directors, their experience, etc. I would be surprised if not Lilly, but this sector is pretty surprising thus far so who knows. As long as we keep moving forward and closer to goals (revenue)
Supposedly somebody with currency with artificial intelligence otherwise known as smart money got in around .67, what I heard anyways. What I heard.