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AIM CEO,JUST On Youtube.....
Fell through support,Next Level of Support 5.85.
Bounced off support @ 6.18
May re-test mid to high 5's. First level of support @ 6.15 if it doesn't bounce off that,second level of support is @ 5.85.
ACB Did exactly what I said it would when I posted my sell @ 7.46. I said we would pullback to low to mid 6's. But now I think we may even re-test upper 5's before going back up. I took a small position today @ 6.28 and will add as it stabilizes.Still believe ACB will trade in the 10 -15 range sometime in 2019.
Smart traders know to take profit's,greedy investors hold the bag and lose. ACB Is now a Strong sell IMO. I saw the signs yesterday and sold all for 7.46 and shortly after I posted my sell it dropped over 6%.35+ Years in the market,not always right but know to take profit's and not get caught up in the hype.
Wrong ACB Will do a share swap just like they have been doing all along. ACB is a Diluting machine.
Exactly.DEBT & DILUTION...Not Good for shareholders.
Might have to amend my prediction to mid 5's.
Do you see NOW?ACB Dump is ON. Low 6's coming SOON,Lust like I Said.
If you read my posts,you would read I DID NOT SAY TODAY.But the DUMP is coming,ACB Going Down big.Tomorrow will be red.
Volume has dried up,failed to take out yesterdays high. Strong resistance still at 7.50. Looking for it to pullback to low to mid 6's before going back up.
ACB Running out of Steam,Volume Dropping off. First level of support @ 6.70 2nd level 6.40
ACB Trades like a low float stock,manipulation at it's best.
Pullback to Low to Mid 6's Before going higher.
Only use a stop loss if you're not able to monitor it.The MM'S Will take it out every time.
Agree... I took my 45% profit,I saw the pullback coming. It can't go straight up,a pullback to low 6 area before moving to new highs. If I was stuck in it @ a higher pps I would not sell at a loss.
Saw the Pullback Coming,probably see low 6 area before going back up. It wouldn't surprise me to see 12-15 sometime in 2019.
Smart traders take profit;s. Day traders lose it all.
Pullback Coming,No Stock goes straight up.I'm out @ 7.46.
Aurora Cannabis to Enter Mexico Market via Exclusive Supply Arrangement with Farmacias Magistrales
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1:24 PM ET 12/7/18 | Dow Jones
RELATED QUOTES
1:14 PM ET 12/7/18
Symbol Last % Chg
ACB
5.72 8.27%
Quotes delayed at least 15 minutes
Farmacias is Sole Recipient of Federal License to Import, Formulate, Store and Sell Medical Cannabis Containing THC
TSX | NYSE: ACB
EDMONTON, Dec. 7, 2018 /CNW/ - Aurora Cannabis Inc. ("Aurora" or the "Company") (TSX: ACB) (NYSE: ACB) (Frankfurt: 21P; WKN: A1C4WM) announced today that the Company has established an exclusive partnership with Farmacias Magistrales S.A. ("Farmacias"), an established Mexican pharmaceutical manufacturer and distributer with a broad reach to approximately 80,000 retail points and 500 pharmacies and hospitals across Mexico. Farmacias recently received the first and only import license granted to date, from the Federal Commission for Protection Against Health Risks ("COFEPRIS"), the Mexican government body responsible for medical cannabis licensing, which permits Farmacias to import Aurora medical cannabis products containing THC into Mexico.
Farmacias has also received licenses from COFEPRIS to permit:
-- Importation and storage of raw CBD and THC materials
-- Manufacture of CDB and THC products
-- Distribution of CBD and THC products
Farmacias' license to import Aurora's medical cannabis into Mexico positions Aurora with another first-mover advantage in one of the world's most populous countries, where more than 130 million people will have federally legal access to a range of Aurora's non-flower medical cannabis products containing THC and/or CBD. Dried flower containing THC is currently prohibited for domestic cultivation, import or sale in Mexico.
Management Commentary
"This new exclusive partnership further expands Aurora's early mover advantage in Latin America, allowing us to become a leading player in the development of the medical cannabis system in Mexico, a legal market of 130 million people," said Terry Booth, CEO of Aurora. "We look forward to working with Farmacias, and leveraging its strong retail, pharmacy, and hospital networks to provide high-quality, medical grade cannabis to patients in this new and significant market. We will also offer the Mexican government authorities whatever support they deem valuable, based on our insights and experience earned from operating in multiple nationally-legal medical cannabis systems around the world. "
Anti-cannabis Kennedy backs legalization in major reversal (Newsletter: Nov. 21, 2018)
Rep. Joe Kennedy 111 (D-MA)—the last remaining young Democrat in Congress to vocally oppose and consistently vote against marijuana reform—now supports legalizing cannabis.
https://www.marijuanamoment.net/anti-cannabis-kennedy-backs-legalization-in-major-reversal-newsletter-nov-21-2018/
Trump FDA boss says federal cannabis action an ‘inevitability’ (Newsletter: Nov. 20, 2018)
https://www.marijuanamoment.net/trump-fda-boss-says-federal-cannabis-action-an-inevitability-newsletter-nov-20-2018/
Aurora Cannabis Inc. reported Monday fiscal first-quarter net earnings that rose to $105.5 million from $3.6 million a year ago, and from $79.9 million in the previous quarter. The Canada-based cannabis company said total revenue rose 260% from a year ago and 55% from the previous quarter to $29.7 million, while cannabis revenue jumped 236% from last year and 65% from last quarter to $24.6 million. The stock was little changed in premarket trade. The average selling price per gram of dried cannabis grew 15% from a year ago to $8.39, while the cash cost per gram fell 12% to $1.90. For cannabis extracts, the net selling price per gram fell 26% to $12.12, while costs declined 22% to $1.45. Active registered patients rose 250% to 67,484. "The commencement of adult consumer use sales in Canada has been very successful for Aurora, with strong performance across all product categories and brands," said Chief Executive Terry Booth. "Given the strong unmet consumer demand evident across Canada, we are confident that our rapidly increasing production capacity will result in continued acceleration of revenue growth." The stock has rallied 58% over the past three months while the ETF MG Alternative Harvest ETF (MJ) has climbed 22% and the S&P 500 has slipped 1.8%.
Aurora Cannabis Earnings Tops $100 Million, Revenue Nearly Quadruples
Yep,What a Disaster this POS SCAM Is!!!!
NEWLF Is GARBAGE
NEWLF SCAM Back to Sub Pennies.
This Pump & Dump POS is GARBAGE
NEWLF SCAM Running Back to Sub Pennies.
This Pump & Dump POS is GARBAGE.
NEWLF Pump & Dump SCAM,Heading Right Back to SUB Pennies,
Where it Belongs
NEWL GARBAGE Back to SUB Pennies.....LMAO
When's the next RS?
Yep,NEWL GARBAGE Heading Back to Sub Pennies Soon.
Only a Fool would buy this SCAM Stock.
Only Foolish ones,that DO NOT DO DD,and LIKE Losing money.
RS Coming,and another 50% drop or more when it happens.
Yes,NEWL Likes to ''Punch'' While You're Down.
Nice Post,
Only a Fool would buy this Garbage after reading that.
You'll get your 2's AFTER The RS LOL,but you'll be taking at least a 65% Loss
NEWL IS A VERY FOOLISH PLAY!!!!!!!!
Based on what?
NEWL Is a SCAM that only a FOOL Would buy.
RS is Coming Soon,that's the only way bagholders can even sell this GARBAGE Now,since the bid has been 0 for almost a week.
Then watch for another HUGE Drop After the RS. LOL
Smart Money Knows to Short This POS SCAM
They will make a bundle on the next RS.
You better get Real Time Quotes,The Bid Has Been 0 For 30 minutes now.
RS Is the only way this POS GARBAGE SCAM Continues to trade.
Bid 0.000 x0 Ask 0.0001 x24,201,900
Like I said,NO BID LOL
Come on RS Bagholders need to dump this SCAM Too.
Bid (Size) Ask (Size)
0.0001 x10,000 0.0001 x233,000
Longs that bought this GARBAGE Won't be able to sell much longer,they'll just have to wait on the RS.
BID IS Almost Gone LOL