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Wow that is just hilarious begging people to get out before legalization in a few weeks.
Pathetic lol
Point to 1 instance when they have not delivered on what and when they stated!
Link to the Q4 fins:
https://investor.auroramj.com/#
Q4 2018 Financial and Operational Highlights
In thousands ('000s) unless otherwise noted
Q4 2018
Q3 2018
Change
(%)
Q4 2017
Change
(%)
Financial Results
Revenue
$19,147
$16,100
19%
$5,936
223%
Gross margin on medical cannabis(1)
74%
59%
25%
58%
28%
Earnings (loss)
79,268
(20,795)
nm
($4,816)
nm
Earnings (loss) attributable to common shares
79,870
(19,215)
nm
($4,816)
nm
Operational Results
Cash costs of sales per gram of dried cannabis
sold(2)
$1.87
$1.80
4%
$2.09
(11%)
Cash costs to produce per gram of dried cannabis
sold(2)
$1.70
$1.53
11%
$1.91
(11%)
Active registered patients
43,308
45,776
(5%)
16,400
164%
Average net selling price of dried cannabis(3)
$8.02
$7.30
10%
$6.79
18%
Average net selling price of cannabis oil(3)
$13.52
$12.83
5%
$17.91
(25%)
Kilograms produced
2,212
1,206
83%
1,165
90%
Kilograms sold
1,617
1,353
20%
755
114%
(1)
Represents the gross margin on medical cannabis before fair value adjustments
(2)
Represents the cash cost of sales and cost to produce per gram sold of dried cannabis produced by Aurora
(3)
Represents the average net selling price per gram of dried cannabis equivalent
Q4 2018 Highlights:
Revenue of $19,147, up 223% compared to the same period in 2017.
Pro-forma Q4 2018 revenue of $33,117, including MedReleaf
Gross margin on medical cannabis of 74%, up 28% compared to the fourth quarter of 2017. This increase was primarily due to a higher average selling price per gram of dried cannabis, coupled with a higher proportion of cannabis oil sales in the Company's sales ratio.
Cash cost of sales and cash cost to produce per gram of dried cannabis sold both decreased 11% compared to the same period in 2017. This decrease was primarily due to efficiencies from automation and yield expertise.
Active registered patients of 43,308, up 164% compared to the fourth quarter of 2017.
Kilograms produced and kilograms sold of 2,212 and 1,617, up 90% and 114% respectively compared to the same period in 2017.
7 facilities with production licenses, 5 facilities with sales licenses
In thousands ('000s) unless otherwise noted
FY2018
FY2017
Change (%)
Financial Results
Revenue
$55,196
$18,067
206%
Gross margin on medical cannabis(1)
65%
56%
16%
Earnings (loss)
$69,227
($12,968)
nm
Earnings (loss) attributable to common shares
$71,936
($12,968)
nm
Operational Results
Average net selling price of dried cannabis(2)
$7.65
$6.47
18%
Average net selling price of cannabis oil(2)
$13.68
$17.91
(24%)
Kilograms produced
5,632
3,037
85%
Kilograms sold
5,022
2,382
111%
(1)
Represents the gross margin on medical cannabis before fair value adjustments
(2)
Represents the cash cost of sales and cost to produce per gram sold of dried cannabis produced by Aurora
Fiscal 2018 Highlights:
Revenue of $55,196, up 206% compared to the prior year.
Gross margin on medical cannabis of 65%, up 16% compared to FY 2017. This increase was primarily due to a higher average selling price per gram of dried cannabis, coupled with a higher proportion of cannabis oil sales in the Company's sales ratio.
Kilograms produced and kilograms sold of 5,632 and 5,022, up 85% and 111% respectively compared to FY 2017.
11 strategic acquisitions completed and 1 in progress.
Total headcount grew to 1,400 from approximately 300 at the end of FY 2017.
Pro-forma cannabis inventory and biological assets, including MedReleaf, of $88.8 million.
What an awesome name the Cannavore lol
Micron Waste Technologies Inc. ("Micron" or the "Company") (CSE: MWM, OTC: MICWF, Frankfurt: 7FM2), a leading developer of waste digesters for food and cannabis waste, today reported positive results from the optimization of the Cannavore™ cannabis waste processing units
Micron waste news out:
https://mobile.tmxmoney.com/quote/readnews/?id=4597883945827724&symbol=ACB
Aurora Cannabis Inc. (ACB - TSX)
Canada NewsWire
VANCOUVER, Sept. 24, 2018
Company Prepares for Commercial Production of Units for Cannabis Industry
Environmental – Water reclaimed from cannabis waste was API- and contaminant-free, allowing for re-use in growing operations or safe discharge. On-site treatment removed the need to landfill, haul or incinerate waste.
Compliance – Micron-treated cannabis waste exceeded Health Canada requirements. The Company's proprietary software further optimized the compliance process through comprehensive data collection and recordkeeping.
Automation – Micron's innovative and automated systems significantly reduced time requirements for waste handling.
VANCOUVER, Sept. 24, 2018 /CNW/ - Micron Waste Technologies Inc. ("Micron" or the "Company") (CSE: MWM, OTC: MICWF, Frankfurt: 7FM2), a leading developer of waste digesters for food and cannabis waste, today reported positive results from the optimization of the Cannavore™ cannabis waste processing units with Aurora Cannabis Inc. ("Aurora") (TSX: ACB). The Company will now optimize the technology for sub-zero operations, as well as add computerized remote operating capabilities, following which Micron will commence to offer the units commercially.
"We are very pleased with the outcome of the trial and are now moving into commercialization and will begin selling the units to the wider cannabis industry," said Micron president Alfred Wong. "With the onset of adult usage in Canada and a rapidly growing international cannabis market, the number of operators in the sector has increased dramatically. Current waste disposal methods are expensive and inefficient. Our technology not only significantly improves the economics of cannabis waste disposal, but also streamlines compliance procedures, leading to a substantial reduction in time requirements to deal with waste handling. With our technology, customers will be at the forefront of innovation and environmental stewardship, showing leadership through commitment to clean air and water in Canada and around the world."
Micron's first Cannavore was trialed at Aurora's Mountain facility near Calgary, which is one of seven Aurora facilities. Subject to Micron's technology meeting certain milestones per a collaboration agreement announced in December 2017, Aurora has committed to installing Micron's technology at its other facilities. Site visits have commenced for Aurora Vie in Montreal and Aurora Sky in Edmonton. Micron is developing additional units earmarked for these sites.
"With guidance from Aurora, we have developed a system which checks a box previously overlooked by cannabis cultivators," said Dr. Bob Bhushan, Micron co-founder and chief technology officer. "Data capturing and processing is invaluable and now customers using the Cannavore can go beyond "seed-to-sale" and mine cannabis waste analytics to improve efficiencies, reduce staff time, aid compliance and help evaluate growing operation metrics."
The industrial-grade Cannavore pulverizes and renders cannabis waste in combination with a proprietary blend of microbes and enzymes designed and developed by Micron. Importantly, as part of Micron's full-system waste treatment platform, effluent from the digester is further treated to derive clean greywater which can be re-used in growing operations. Alternatively, the treated regulatory-compliant greywater from the Cannavore, which meets municipal discharge standards, can be safely discharged. Active pharmaceutical ingredients (APIs) in cannabis waste are further biologically treated via a proprietary process to denature cannabinoids present, keeping them out of watersheds where they could bio-accumulate.
The Micron Cannavore was engineered based on proven technology used by the Company in its Organic Waste Digester Unit. The world's first closed-loop cannabis waste processing system was designed to Aurora's specifications to be a clean technology solution to process organic waste generated from the growth and cultivation of cannabis, while mitigating concerns about the potential environmental impact.
The Cannavore Digester and the Organic Waste Digester units have been awarded an Industrial Design Certificate of Registration from the Canadian Intellectual Property Office (CIPO), with patent pending in the United States.
About Micron Waste Technologies Inc.
Micron Waste Technologies Inc is a well-funded technology company with over $6 million in working capital. The Company's organic waste management system processes organic waste directly on-site and treats the resulting waste water into clean water which meets municipal sewage discharge standards. The treated water can be discharged directly into the sewer or recycled back into industrial or agricultural operations. The Company has developed the world's first cannabis waste management system which denatures APIs from waste streams. Please visit our website at www.micronwaste.com for further information. Micron is a public company with listings on the CSE: MWM, OTC: MICWF, and in Frankfurt: 7FM2.
On Behalf of the Board
Rav Mlait
Chief Executive Officer and Director
The Exchange does not accept responsibility for the adequacy or accuracy of this release
FORWARD LOOKING STATEMENTS:
The forward-looking information contained in this press release is made as of the date of this press release and, except as required by applicable law, the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking information, whether as a result of new information, future events or otherwise, except as may be required by law. By its very nature, such forward-looking information requires the Company to make assumptions that may not materialize or that may not be accurate. This forward-looking information is subject to known and unknown risks and uncertainties and other factors, which may cause actual results, levels of activity and achievements to differ materially from those expressed or implied by such information.
SOURCE Micron Waste Technologies Inc.
View original content: http://www.newswire.ca/en/releases/archive/September2018/24/c3457.html
Media Inquiries: Karen Lauriston, +1.905.691.1185, karen@micronwaste.com; Investor Relations: +1.844.318.8216, info@micronwaste.com, www.micronwaste.comCopyright CNW Group 2018
Page Updated: Sep 24, 2018, 12:00 AM EDT
Made me a millionaire so there’s that
Because someone asked an old question lol
1/34 not 20
Aurora Q4 conference call set for Sept. 25th
https://mobile.tmxmoney.com/quote/readnews/?id=8721460985221483&symbol=ACB
So the warrants are being exercised by Aurora to gain up to the 19.9% interest that they are allowed under their deal with Radient. If that is the case then the new facility and dealer license announcements must be coming soon.
Umm yea it was by a long shot look at the numbers for the date posted that is the highest volume ever on 9-19-2018 for ACB with over 112 million shares traded
The previous day 9-18 only saw around 60 mil for ACB
If you see something different please post a link
Volumes for Aurora today
ACB:
Aurora Cannabis Inc.
Exchange: TSX Exchange
$10.87 Sep 19, 2018, 4:51 PM EDT -0.15 (-1.36%)Vol: 112,039,367
ACBFF:
Aurora Cannabis Inc
Exchange: OTCQX Marketplace
$8.44Sep 19, 2018, 5:24 PM EDT -0.07 (-0.82%)Vol: 39,189,334
112,039,367 + 39,189,334 = 151,228,701 shares traded today
Pretty sure today set the volume record for Aurora
GLTA
Would they not announce that as a material change?
https://mobile.tmxmoney.com/quote/readnews/?id=8608076279101996&symbol=RTI
All the info you need is here:
https://investor.auroramj.com/#/
Look at the numbers for our extraction partner Radient Technologies RTI RDDTF
The last few days the volume on RTI the Canadian ticker has been through the roof, on top of that the PPS has risen considerably. They also posted a PR stating that they were not aware of any material changes at this time.
https://mobile.tmxmoney.com/quote/?symbol=RTI
I would be on the phone with them they have 24 hr. Support I would hope. It looks like they are squaring away Australis shares but the -32k would have me worried as you don’t own that many shares to warrant that big a - and no Australis is not $400 PPS more like .20 on open so on the phone I would be if it were me GLTU
Are you Canadian?
Australis getting ready for the opening tomorrow. Here is a link to their ticker
https://mobile.tmxmoney.com/quote/?symbol=AUSA:CNX
Looks like just over 113 million shares out
Lucky Canadians get to buy in early, Americans will have to wait for listing on OTC
GLTA
Turned out to be PR to address rumors only. No signed deal YET.
https://mobile.tmxmoney.com/quote/readnews/?id=6724140437476992&symbol=ACB
I am looking at the volume on the Canadian side and something is up for sure over 6 mil Monday and then 10.8 mil today is not normal at all. Looking like the run up we had last year when volume spiked.
Yea several times no big deal they were responding to the coke rumors
https://mobile.tmxmoney.com/quote/readnews/?id=6724140437476992&symbol=ACB
Big volume on the Canadian side today
A question to anyone that actually knows the answer no BS please.
If the likes of a Coca Cola were to invest in Aurora would they not do a share reduction on the buyin? Is that possible, feasible?
Pretty sure it was the news about Coca Cola and Aurora, that is not confirmed yet. We should be getting news within a few weeks about license and new facility, then we will start to climb imo
Crazy as hell that one is but the pullback will be brutal imo
I like AMFE got in @.06 traded a few shares here and there but still have core position not a lot but enough that $1 will be a new truck and a few toys to go with it.
GLTU
I have seen much stranger things in the past few weeks tlr$ for one so no way will I say that won’t happen.
GLTA
taco taco
Yea more than likely an R/S is coming right before we list on the NAS or NYSE I mean that makes total sense does it not? Pennies do an R/S not multifaceted multibillion dollar corps with tentacles reaching across the globe.
Look at ShadowBears post below that should set you at ease if not then can’t help you.
Wait for the pullback it will drop back to $30
It mentions Aurora as a peer group. Look closely at the table you refer to, it is strictly peers
https://www.sedar.com/GetFile.do?lang=EN&docClass=10&issuerNo=00029461&issuerType=03&projectNo=02817749&docId=4381365
From the document:
The criteria used to select the primary peer group included being a publicly traded company on either the TSX or a major U.S. exchange, having a market capitalization between $1.5 and $27 billion at the time of the review, and operating within one of the four industry sectors referenced above. The primary peers selected for benchmarking executive compensation are:
Primary Peer Group
Cannabis
Fast Moving Consumer Goods
Specialized Pharmaceuticals
Technology
Aphria Inc.
MGP Ingredients Inc.
Akorn Inc.
Constellation Software Inc.
Aurora Cannabis Inc.
Molson Coors Canada Inc.
Corcept Therapeutics Incorporated
Kinaxis Inc.
MedReleaf Corp.
The Boston Beer Company Inc.
Open Text Corporation
Universal Corporation
Shopify Inc.
Vector Group Ltd.
The secondary peer group selected for benchmarking executive compensation was generally used for additional contextual purposes as opposed to setting pay levels, and to acknowledge and examine the characteristics of executive compensation at high growth companies. The criteria used to select the secondary peers included being a publicly traded company on either the TSX or a major U.S. exchange, had experienced share price appreciation 100% or greater within the past 3 years, having a market cap between $1.5 million and $27 billion at the time of the review, generating total revenue between $17.5 million and $500 million and operate within one of the four key sectors identified above. The secondary “high growth” peers selected for benchmarking are:
what exactly does it say? This is the Aurora board we do not receive those circulars
Link?
We should be getting news on expansion and license in the coming weeks, my guess is about the time Aurora announces Q4 results around Sept. 25th
It will take several years to get there but we are on our way.
thcm
After the ICC deal we will have a TOTAL funded capacity of 1,020,000 kilograms per annum, more than double CGC yep you see that correctly double CGC funded capacity at this point.
570k+450k = 1,020,000KG per annum
1,020,000kg = 1,020,000,000 grams
1,020,000,000 grams X say $7 for our avg. sales price per gram
1,020,000,000 X 7 = 7,140,000,000 and that = stupid rich money
I want to load some more as well would love to be sitting at 100k shares before it pops in a few months. Trying to free up some cash now.
Not overextended at all.
You can look at their financials here.
https://investor.auroramj.com/#/
Q4 is out around Sept. 25th
Yes an additional 450k KG per annum