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Yeah it is a positive Polaris is complete staffed and operational revenue revenue revenue... and I have pretty much figured out what they're doing about the Aurora Sun facility.. The six Grow rooms that are going to be operational there.. I would say Aurora will take the money from the product from that facility and let it pay for itself... those six rooms that Aurora sun will produce a lot of cannabis and cannabis products and the money generated from the rooms will save them from paying for the grow facility let it pay for itself...
Investor relations stating that they are backed up from the holidays responding and answer inquiries they apologize..
Haven't heard anything about any tax.. All I know is Aurora investor relations stating that they are going to have six rooms at Aurora sun completed in operational very soon and they said between those six rooms and all the other facilities will meet the demand at the present time..
Update from Aurora IR: Medreleaf Exeter Greenhouse sale... Thank you for reaching out to the Investor Relations team at Aurora. We apologize for the delay in the getting back to you; while I understand your frustration we do ask for your patience as we have worked through a high volume of inquires received over the holidays which has resulted in slightly longer response time.
The Exeter facility was inherited by Aurora through the acquisition of MedReleaf in 2018.
We have taken time over the past year to evaluate the potential to utilize the greenhouse for R&D or extraction based activities. We have concluded that this non-operational greenhouse would require retrofit and significant capital investment in order to meet Aurora’s production standards. As has always been the case, our core business model to operate as a low-cost, high-quality producer remains in place, driven by our commitment to purpose-built, state-of-the-art facilities.
Aurora has taken decisive steps to rationalize capital expenditures and align our cultivation footprint to current demand, including selling the Exeter facility. We expect that our production capacity, including the anticipated completion of 6 grow rooms at Aurora Sun, to be sufficient for near term demand.
Best,
Investor Relations ¦ Aurora Cannabis
Phone: 1-855-279-4652
Email: ir@auroramj.com
Stock: TSX ¦ NYSE:ACB
Update from Aurora IR: Aurora Polaris is Staffed and Operational... Thank you for reaching out to the Investor Relations team at Aurora. We apologize for the delay in the getting back to you and appreciate your patience as we have worked through a high volume of inquires received over the holidays which has resulted in slightly longer response time.
Yes Aurora Polaris is operational. Staff began moving into the facility in early November. Thank you.
Investor Relations ¦ Aurora Cannabis
Phone: 1-855-279-4652
Email: ir@auroramj.com
Stock: TSX ¦ NYSE:ACB
Update on Germany products sales from Aurora IR... Aurora has been proudly serving the German market for several years, bringing high quality medical cannabis to thousands of patients. Products delivered to the German market are sourced from Aurora’s Canadian EU GMP certified facilities and are safe to consume. A proprietary step in our production process requires additional authorization which we are securing with full support from authoritative bodies. During this time, Aurora has temporarily paused further sale of product until the additional authorization is received. We stand behind the safety of products previously sold to medical patients and have not initiated a recall. We expect to re-start sales of our medical products in the month or two.
Thank you,
Investor Relations ¦ Aurora Cannabis
Phone: 1-855-279-4652
Email: ir@auroramj.com
Stock: TSX ¦ NYSE:ACB
Just like to say I appreciate you post and you're positive point of view and why I may disagree with some of your poinits.. I think Aurora has a bright future all the best to you... Really appreciate that chart earlier can definitely see what you're saying.... Aurora hit its biggest Low's from years past... If that support level holds should be up from there... all the best...
Video information analyzing the Cannabis market for anyone interested.. main focus Aurora for the first part.... https://finance.yahoo.com/video/piper-sandler-analyst-downgrades-aurora-161736462.html
I'll be honest.. I've put Aurora on the back burner for now.. I'm just going to watch see what the price does if Aurora does hit a real low price.. Ill have money sitting there waiting.. But my focus now is on the American Market this is a presidential election year.. Im looking to load very cheap on some good American cannabis stocks for after the election... If Aurora gets slammed in the Cannabis summer decline under a dollar. I'll be there to capitalize on the opportunity..
Aurora cannabis now has a dollar price Target from one analyst... https://www.marketwatch.com/story/aurora-cannabis-now-has-a-1-price-target-from-one-analyst-2020-01-09?siteid=yhoof2&yptr=yahoo
The cat is already out of the bag and marijuanai is already legal in some form in over half the United States they have no choice they can avoid it for a while.. But eventually they're going to have to do something.. Far as the article it wasn't meant to impress anyone. It was just objectifying your point.. We're waiting on U.S. cannabis Market to become legal... and I'm aware that big tobacco and big Pharmaceutical they're spending large amounts lobbying senators and useing there power to keep marijuana off the table because they stand to lose billions..
Heres your Answer.. Hot off the press the world waits for the US to legalize cannabis... https://marketrealist.com/2020/01/cannabis-while-us-waits-world-opens-up/
Well I'm not sure what you're talking about Aurora is a Canadian cannabis stock and cannabis is completely legal in Canada they're allowed to bank do legit business and it was passed by their government... Now the US that make sense..
Cannabis consumption in Canada takes a bite out of beer sales... https://www.bloomberg.com/news/articles/2020-01-07/hold-my-beer-legal-pot-hits-brew-consumption-in-canada
Exploring Canada’s Cannabis Demand-Supply Landscape.. https://marketrealist.com/2020/01/exploring-canadas-cannabis-demand-supply-landscape/
5 Marijuana Stocks With the Most Cash in 2020... https://www.fool.com/investing/2020/01/09/5-marijuana-stocks-with-the-most-cash-in-2020.aspx
I've been a shareholder for some time and you say they're not going through a difficult time.. It's more than Bashers and media stating this.. Aurora balance sheet is absolutely terrible it's in a pinch for cash and don't get me wrong.. I've been holding here for some time and when opportunity presents itself.. I may add to my position Some more.. Butt if you say that having cash problems.. Diluting shareholders and management missing guidance on earnings reports , and Mr. Battley stated the company will be cash flow positive and going on the Midas letter stating that the company will be more valuable in six months.. Than it was at the time that he did the video.. Only to see Aurora share price fall from $9 to a dollar in change.. Which none of this came to be true.. Aurora's being sued for misleading investors and nobody has missled them more than Aurora's management.. Just because you say the company is in the best shape it's ever been doesn't make it so... Aurora management it's going to have to regain shareholders Trust because they have lost it.. Because they didn't deliver.. and upper management selling a hundred thousand Aurora shares when Aurora share price is at its peak for almost a million Canadian.. Doesn't provide a whole lot of trust... so you may think what you like but I deal in facts..
No problem gIad to help... With all the negativity and Miss information floating around.. I'll try to add positive when I can.. Auroras a good company just going through a difficult time
(POLITICS) Federal Marijuana Reform Will Get Another Congressional Hearing Next Week..We’re particularly interested in examining the implications of changing marijuana’s schedule listing, the potential of cannabis research, and federal efforts to review and approve cannabidiol products... https://www.marijuanamoment.net/federal-marijuana-reform-will-get-another-congressional-hearing-next-week/
A lot of holes in your points this should clear it up.. You love Aurora huh any investor who loved the company would never suggest what you are suggesting.... The facts about Aurora selling medreleaf grow facility Exeter... From the financial post:As far as we can tell, the facility was never licensed, and no product was ever sold from Exeter,” Aurora determined that the greenhouse would have required “retrofit and significant capital investment in order to meet Aurora’s production standards,” company spokeswoman Michelle Lefler said in an emailed statement Monday. “Aurora has taken decisive steps to rationalize capital expenditures and align our cultivation footprint to current demand, including selling the Exeter facility.”... Analyst deem Aurora's sale of Grow facility as a good move forward.. According to TipRanks, the consensus on Wall Street is that Aurora stock is a “hold” for investors. But TipRanks might as well have said “buy” — because analysts, on average, think the stock, currently at $1.78, could zoom ahead to $3.43 within a year, delivering 93% profits to new investors.. https://finance.yahoo.com/news/aurora-cannabis-acb-selling-facility-205036208.html
According to TipRanks, the consensus on Wall Street is that Aurora stock is a “hold” for investors. But TipRanks might as well have said “buy” — because analysts, on average, think the stock, currently at $1.78, could zoom ahead to $3.43 within a year, delivering 93% profits to new investors.. https://finance.yahoo.com/news/aurora-cannabis-acb-selling-facility-205036208.html
MORE) Act (H.R. 3884), making it the second House committee in the 116th Congress to advance legislation to end federal marijuana prohibition.. https://www.cannabisdispensarymag.com/article/house-small-business-committee-moves-more-act-forward/
Somebody want some Aurora a lot of large buys coming in.. I just seen one for 15000 Shares not huge. But nice size.. https://ih.advfn.com/stock-market/NYSE/aurora-cannabis-ACB/trades
Markets suffer due to possible WW3 with IRAN... Affecting Markets negatively across the board...
Analyst warns of shelved expansion, restructuring as cannabis firms ‘teeter on edge’..https://mjbizdaily.com/analyst-warns-of-restructuring-and-shelved-growth-as-cannabis-firms-teeter-on-edge/
POLITICS Top Mexican Senator Says Marijuana Legalization Will Be A Priority This Year... https://www.marijuanamoment.net/top-mexican-senator-says-marijuana-legalization-will-be-a-priority-this-year/
No problem man , no big deal at all... all the best to you...
This does not show singer buying this shows him selling 238,000.. You need to wake up or something...
I don't have to tell take up with the poster.. Ill make a Ruling and provide a link on my post.. You are right and he is wrong.. Michael Singer sold December 12th 82 thousand shares.. he did not buy... but as i said it's executive and insiders right to sell they are issued shares to sell.. https://m.canadianinsider.com/node/7?menu_tickersearch=ACB+%7C+Aurora+Cannabis
It's a fact Michael Singer sold 82000 shares on December 12th.. But one must remember executive are issued shares to sell at their discretion and also it looks better.. and Insider selling when the price is absolutely awful than an Insider selling when the price has topped and peaking.... Of course it is better to see insiders buying .. But insiders may sell for any particular reason it's their right.. https://m.canadianinsider.com/node/7?menu_tickersearch=ACB+%7C+Aurora+Cannabis
Aurora cash access.. 148 million in cash , 400 million credit line and 360 million credit line... surely they can make it through the year with 908 million almost billion..Aurora has nearly $148 million in cash on hand probably won't be close to sufficient to cover its expenses. While the company does have access to $400 million in at-the-market offerings, and 360 million Canadian dollars ($277 million) in a line of credit, its cash position.... https://www.fool.com/investing/2020/01/07/3-marijuana-stock-ceos-on-the-hot-seat-in-2020.aspx
Will man I share information on here quite frequently and that was today's information so you can thank the author not me.. He's the genius... Go Aurora....
Why 1 Analyst Thinks Aurora Cannabis Stock Could Double... https://www.fool.com/investing/2020/01/07/why-1-analyst-thinks-aurora-cannabis-stock-could-d.aspx
10 PREDICTIONS FOR 2020 IN CANNABIS... https://www.canopyrivers.com/deep-end/10-predictions-for-2020-in-cannabis
I contacted IR on Aurora Polaris wanted to know if it was at 100% capacity and construction completed... I also emailed them about Germany but I haven't got a response on Germany and Aurora products returning to.the German Market...They stated they ccurrent have eno0 available products being produced to satisfy the Canadian. Market Aurora Polaris is still being completed... High Tide just received 10 Million to expand in Ontario we move products through high tide... that's positive https://finance.yahoo.com/news/high-tide-secures-10-million-121000656.html
Yeah what your missing Medreleaf was a business already built and Aurora wasn't just buying the property but the employees the business and also all of Medreleaf current medical patients that they had established.. Which is pretty significant at the time.. Sometimes it's not the quantity of the product its the quality of the product and medreleaf products I hear in Canada are top notch... All I can tell you if you think the company is no good and has no future you can sell.. Thing is there's a lot of unknowns.. But nobody knows how much revenue in 2020 the edible Market is going to bring in.. Also in what fashion is a Aurora going to enter the US market.. When will Aurora and the UFC begin to sell their CBD products there's a lot of positive coming but people only see the negative... Also Aurora will get a partner but it will be on Aurora's terms.. Frankly I'll be holding when they do.. Major news will be announced when the company sees fit not when shareholder See fit.. but as far as your calculations they may be accurate I haven't looked....
I've seen situations like this people get frustrated they focus on all the negativity.. They get disgusted all the Doom and Gloom starts to get to them.. They sell at a loss.. Six months later stock hits new highs.. major news is released it doesn't happen every time but I've seen it happen.. I couldn't imagine the stress if you're down a hundred k you might as well get comfortable you're going to be here.... Best thing I can tell you is if Aurora does a write down of Goodwill and the price drops quite heavy.. Let the dust settle reload when the prize runs up you can dump your position and cut some of your loss... sweet Jesus 100 k..
That's the thing about investing none of us have a crystal ball... I've done my research on the company and basically it's going through a bad time and there has been poor management decision.. But I'm thinking theirs going to be a changeup in management.. None of us here know what's going on behind the curtain.. I haven't forgot the many videos and media interviews were Terry Booth Michael Singer they all stated that they have talked to huge u.s. cannabis company big alcohol , big tobacco , big beverage , big snack and things don't happen when people want them to happen they happen when things are supposed to happen... Long story short it's no secret Aurora is in a cash crunch they overpaid for medreleaf and Cannaimed and now they've got to cut Corners they've got to save money.. Aurora's got to look down the road because they're not sitting on loads cash now.. So Aurora got to restructure and build for the future... Also let's not forget Aurora's flagship store is open for business they do have retail stores selling Aurora Recreational Products.. Also Aurora is bringing revenue from the medical market and edible Market an international market and we don't know what those numbers are do we... I'm just an investor I've been here a long time and if Aurora price drops which I do believe it will.. Especially if Aurora does a large write down of Goodwill then it'll be time to load up after the dust settles....
It's no secret Aurora has made mistakes... also I'm not sure before Aurora bought Medreleaf that they went to every property had it appraised and looked at every detail....
Don't know if I buy that..Why would Aurora expect production from a facility that they never license and never used and there was never any products sold from it... Also 1 MedreLeaf Grow facility doesn't equal the value of the entire medreleaf transaction its just one grow facility... In my opinion Aurora is taking out the trash that facility is not EU certified and would need too much retrofit and cash investment to bring it up to a Aurora products sale standards so it's useless... Thank you for your concern... Also a cash infusion from a major US partner that has not been announced yet or a major Supply deal with the US company.. All this stuff that people are bickering crying about is meaninglessness..