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Yes sir... there are very good reasons that regulated legal markets are better than black markets. Those implicit opportunities will draw people to the legal market
Definitely not simple. Especially if you want premium flower, premium extract is even more work, and cbd infused beverages... well if youre gunna make your own migt as well start your own company
Also keep in mind that colorado acted as a magnet market in the states, drawing in all the most serious pot heads creating a magnified supply glut because you have people from all 50 states rushing to colorado. I believe they still did over 100 million in tax revenue for the year. Most people are new to the market, and things will happen mire organically on larger scales. There will be a supply glut, but not until 2020 at the earliest. There is still plenty of money to be made
Let me ask you... do you buy beer from the store or brew your own?
Also it took years for those prices to come down to where they are now, and you also have to think about cbd which still get a huge premium, extracts, exports around the globe, and other products. I agree that this will pull back but not until after i gets listed on NYSE and hits at least 20 a share. Your gloom and doom is predicted for much too soon my friend.
Man isn’t day trading stressful? Im in this stock long basically betting on the marijuana industry in the long haul.
Im pretty sure*
In pretty aure they pushed back the date to april 2019 and did away with the state run period moving. It straight to private sector. A bit of a longer wait, but actually good for the big LP’s in Canada especially for aurora who is trying to sink its claws into as much market cap as possible before stores open.
Are you implying that every time you short something when someone says not to you don’t even make a single penny? Lol makes me feel less confident about your analysis.
There is a pretty well defined timeline now for when canadian banks will start giving out loans. Then dilution will no longer be an issue.
Perhaps, but can a dynasty be built without greed?
These guys are diluting because they cant get loans FROM the financial industry. They arent bankers looking to steal your money with some shady financial magic trick like a default swap. They are trying to grow and sell marijuana globally and be the best at it. They are diluting to get an early jump on market share before major lenders start pumping into the marijuana industry imo
Aurora is set up nicely to earn revenues globally. The only negative here is rampant dilution. If the company reaches its intended goal we will make money.
Read the article carefully. It states that just a one percent increase in efficiency can result in considerable revenue growth. Mechanized green house are constantly improving and operations for them as such are also becoming more complex over time, additionally medical marijuana is an extremely meticulous crop to grow and process properly compared to most agricultural commodities. I don’t think this was a nonsensical acquisition if the want to stat at the cutting edge of the industry. That said i agree that the dilution causes stress and may be horrible for short term traders, i try not to dwell in the past and don’t think about selling the peak and buying back now. Im looking forward to the future when aurora is the dominating force in a multi hundred billion dollar market. Get a steady income and make investments in worthy companies. The stock market is a mechanism that transfers wealth from the impatient to the patient.
—C
Absolutely. The hemp amendment to the farm build is not set in stone yet. The house version of the bill does not include the hemp amendment, so the house and senate still need to have a joint discussion conference.
Absolutely. The hemp ammendmemt yo
You seem to be making some good posts here and I’m inclined to support most of what you’re saying. I think this will be a big catalyst for Canadian markets as well. After all they are trying to go global and the US is the biggest market in the world so they will be dipping hands into the great melting pot as soon as it’s not controversial anymore. That being said purely US firms are still highly speculative, and established Canadian stocks are the safest bets
Yea January was not a good time to buy, and I’m sorry for your stresses. I’d say averaging down could be smart. I have a lot of confidence in this market and this company. If you’re able to hold long term it’s usually better for tax purposes, and consistent returns. “Stock market transfers wealth from impatient to patient” - warren buffet
Any opinions on why there was a big sector wide pull back today in the MJ market?
Hey! Greetings from ACBFF boards!
I’m only 23 so I’m trying to make a 100k or so and I’ll be pretty happy with that. I got my step dad into this market with his “play” money and he got in a little earlier than you I think. You came off in your message as a young guy looking for advice honestly lol sorry GLTu man
Ah I see well good for you then I was thinking you were like me
“This dog is dead.” What do you think this is a shell corporation pumping fake PR? This country will become a GLOBAL CONGLOMERATE of the cannabis industry which will be as big as or larger than the alcohol industry. Your usage of the word dog is incorrect almost as much so as your usage of the word dead.
We’re talking months tops it will be sideways... I think consolidation will end soon and we have another bull run OBVIOUSLY. Where are you going to invest? In the Dow index and s&p index stocks? They’re coming off of all time highs and teetering on collapse. Our currency is leverage with so much debt that it is literally on the verge of becoming worthless interest rates are going up. Furthermore there is no guarantee you will make any right choices when choosing another investment. Emerging markets with insane future value are highly attractive. Maybe go invest in water but that won’t blow until the 2040’s or so. Weed will make you lots of money in just 3 years tops. The real question is do you have the patience?
Hey man you just said you were a novice investor;therefore, I ask why is the smart thing to do make more rash decisions and sell at the first sign of blood and lose money. If you believe in the long term investment then be patient, manage your finances so that you don’t need to sell shares to live. Stop trading so much based on speculation of the volatility of this market just accumulate shares in an emerging global super giant. I’d suggest not waiting too long to get back in
Must be some MM algorithm keeping it that way. Either that or maybe there’s just a lot of hesitation because if volatility
Right
My girlfriend of 2 plus years just broke up with Me. This stock and the other Canadian LPs are the only things that make me smile. Let’s hope for a big pay off
Stockcharts.com
Monday should be a Green Day based on the movement just before close on Friday
Don’t panic this stock will be worth like 50-100 percent more come July just be patient
After hours doesn’t really matter imo. But your numbers are correct. I’m just saying that the stock market doesn’t move on numbers and technicals alone. The pps could go way up before the technicals say it should
Well said here this is pretty close to my rationale
Your math isn’t considering that level of expansion going on here and the potential for the actual size of demand for this market if it goes recreational.
All down hill, how could that even be possible in the slightest? This is the birth of an industry lol
Not sure if that’s accurate. What’s that based on? These will be legit companies all. They already are. Thin volume doesn’t always mean p&d
At this point it might well just all be adds selling something
Needless to say, if your political opinion has been shaped by broadcast media you’ve been thoroughly duped. Governance and politics is extremely complex and based on theoretical social science, history, and human rights; it’s not about whatever the fuck it is the prescription Xanax taking talking heads are being paid to spew.
It’s because every fucking mass media station is staggeringly corrupt and biased. It’s literally only opinion pieces meant to shape public opinion. There are no facts in the news. Even things like a percentage are misrepresented.
Well there was much more consolidation than I expected, but shares have changed thoroughly into stronger hands I would say. Let’s sit back and be patient as me buffet said and hope this is the next bullish period for these stocks. I’m not calling it a run yet but hopefully we’ll see some steady growth until some larger catalysts are closer. Cheers guys
Maybe but I’m thinking sooner