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This is no longer a slide, its a walkdown.
..... going lower
Dilution + NoPartnerships = < $PPS
37stores x $52k per day =
$1,924,000 per day = $702m/yr
25% ACB ownership = $176m for Aurora
+ ACB supplies them and makes $$$ from wholesale to stores
So $$$
And then $$$
Then more $$$$
https://www.newcannabisventures.com/alcanna-to-open-37-aurora-cannabis-retail-stores-in-alberta/
https://www.newcannabisventures.com/aurora-cannabis-increases-alcanna-ownership-to-25/
Alcanna Generates $1.3 Million in Cannabis Sales in Alberta over First 5 Days:
https://www.newcannabisventures.com/alcanna-generates-1-3-million-in-cannabis-sales-in-alberta-over-first-5-days/
Poland is great but Coke's the wave
6s usd/ 8s cad... here we come
Down down down down
Up Parascope
I think at this point Knarf people are happy getting what they can, things seem to be selling out all around, brand or no brand.
On top of that in Ontario the idiots at the post office went on strike Monday so there are delays in shipping. Some have ordered a week ago and still have not received theit stash. Ontario retail brick/mortard doesn't start until April'19.
Black market is still thriving, IMHO.
Then the sht will hit the fan
Coke + Diageo butt kissing pics
for sure pps will stop dumping
Haha!
+ a pic of Cam kissing Coke ceo's butt too
DeadCat bounce coming, like Feb'18?
So, if you are buying/selling with cash can you do that in the same day or does the T+3 rule still apply?
... another toilet flush comimg?
Charts are showimg me (and maybe you) that we are heading for another dump??
We need to close above the open $10.70cad/$8.22usd today but are nowhere near it....
more selling pressure coming?
We need deals announced, not more production
Toilet again?
We need one serious hard dump
Otherwise it won't bounce
-11.73% #1down stock of the mj sector
This concludes our regularly scheduled broadcast
Bd bd bd bd bdat's all folks!
Hickup <yawn> hmmmmmmmmm
Stop losses must have been auto triggered
Added 1000sh @ 7.32usd/9.59cad
Brought my avg down
How low can this go
Seems a global selloff, all/most stocks
Not just mj
Looks like a major gap down to start
Going lower, we need a parascope!
Looks like another -8% so far
And the day hasn't even started
?how low can you go?
Looks like we go down again today
If you have $ left to avg down or buy back in this could be a good time
Its like sitting on a bomba
Next few months... you just don't know when its going to blow!
ooohhh the carnage, all red
Blood bath
... seems like a typical pattern to me. Every year usually an up end of August or Sept followed by a massive sell off after the kids are back in school.
Things pick up around Dec/Jan.
If you got $, stock up.
First major deal announced with a bluechip.... KABOOM!
Would financials be same time frame as TSE/OTC?
I believe now they have to report every 3months as per NYSE, before it didn't really seem quarterly.
I saw that 'total crop' failure circulati g a few weeks ago. Rumor has its the 2nd one?
BUT, I guess we will only find out when their Financials come out if true.
ACBFF will go to NYSE but what about ACB?
Will ACB continue to trade on TSE or NYSE?
Do we need to sell our ACB shares on TSE and re-buy shares on NYSE?
180B waaay too low, 65B realistic
Here is my rationale:
$TRILLIAN MARKET:
A study by Deloitte & Touche states the Canadian cannabis market could hit $22B by 2022, similar for California. This is $44B between one country and only one state. The CBD market alone is said to be around $22B. I wouldn't peg the Cannabis industry anywhere below $500m. My opinion is a one $Trillian market is realistic (in the coming years). The demand.for recreational is already there, it is not being created. On rhe other hand, the medical mj market is being created. $180B too low, man.
$65B IN SALES: How? We could do a comparison with Pfizer for example which focuses on drugs for Opiod receptors. Pfizer $53B sales/$290B maeketcap. Pfizer only sells medical, no recreational drugs.
Opiod receptors were discovered around 1950s, 80yrs+ r&d and sales
Cannabinoid receptors discovered 1988, little r&d and sales in a prohibition era
Scientits have discvered there are 10x the amount Cannabinoid receptors than Opiod receptors in the human brain and that cannabinoids are 'safer' than opiods. Humanity is currently in the midst of curbing an Opiod epidemic.
Why then.... would it not be possible for a Cannabis company to do $65B in medical sales for Cannabinoid receptor medication? Not now, or next year but up and coming.
My opnion is that somewhere in this Cannabis industry there is another Pfizer, it is innevitable.
Not to mention, buying Aurora is like buying an ETF. I don't even know how many companies Aurora owns already.
But every one of these companies is generating revenues and they are only climbing
Aurora is one company with MANY companies under its umbrella $$$$$$$
$65B in sales for one company is realistic in a $Trillian global industry. Its puni.
The #s are mesmorizing when you extrapolate existing state revenues.
This isn't about Canadian or only USA sales.... and Cannabis is not only weed, its also hemp and recreational and medical and food and fuel and fibre and oils and extracts and tinctures and bodycare and cbd and thc and edibles and vape refills and....
Walmart hasn't even started selling yet
Its only day one in Canada, man.
Beer does not have medical value. A dr would not prescribe this, same thing with Tobacco.
You can't make all that stuff from beer and tobbacco. The Cannabis industry is so much more diverse and larger
I'd bet the biomass wastage alone from the 4000acr of hemp in Europe is worth $1B in oil extracts, there is serious money there for sure.
https://www.newswire.ca/news-releases/aurora-cannabis-acquires-europes-largest-organic-hemp-company-693036321.html
Nice Tutu! Wish I had more to invest
I don't think you are seeing the whole picture here, man.
$5 to 8B in sales is measely
$5 to 8B in profit is realistic
Not today, but it will happen
Not this year.
And likely 'only' $1B sales in 2019 is my guess
We haven't even started talking about medical
Recreation pot is so small
Hard to say what 160k Kg is worth, depends how you slice it.
Washington State alone sold 11m pre-rolled joints last year worth $62.3m usd (as per New Cannabis Ventures). Washington state has 7m people
Extrapolate this and you can see between California and Canada that's close to $1B in joint sales alone.
That's like, 120million joints between one country and only one state. Crazy.
WagnerDimas & Choom now belong to Aurora, right?
Usage: I would guess a $Trillian worth of cannabis or its derivatives are consumed every year globally
Well, put it this way...
Anyone brave enough with disposable income to buy and hold since 2012 at a time when people laughed at you for investing in mj stocks, in a highly speculative, risky, illegal industry would have made a killing..... in 2012 I got into LXRP at .025c, sold at .21c when Trudeau announcexd Legalization.... now at $2.10! WOW! Aurora did not even exist yet. Back then, overvaluation & dilution concerns didn't exist. It was realistic to make 1000%. Patience pays.
But, times have changed. My opnion is that today if you are investing in recreational mj you are already done. People have always been able to get rec mj. Its no big deal, but it is opening up and that is the big deal.
Medical mj is the future, in my opnion. Cannabinoids are now being grown in petri dishes using yiest to create cannabinoid isolate compounds. Imagine buying the equivalent CBD container similar to a protein powder container which you can buy at Walmart. Cannabinoids are now being taken apart and reassembled in different ratios to create medicine for specific ailments.......
Rec is so passe, its old. But edibles, concentrates and oils are an old/new breed. I like Aurora because I know to get into the medical community, mj needs to be consistently high quality and Aurora can do this with its automated/robotic perfect greenhouses.
So..... if you chose to buy/hold make sure you can catch a glimpse of the future. When the tech industry bubble burst in 2001, it took 7yrs to get back to speed. 2008 was the beginning. I suspect rec will burst and a decade later med mj will take the helm...... just my opinion.
Know what you hold, and don't make only one purchase.
"The stock market is a device for transferring money from the impatient to the patient" — Warren Buffett
What do you mean, Brokemon?
I am up
in 2017 before the upswing, out at the peak Jan2018. then waited through the 7month dump & back in at the low in August accumulating since, avg now 9.87cad
In mj stocks since.... uhhhh don't remember anymore 2012ish?