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Another great day for Radient. Seems to be riding the SMA's up to 60 cents.
More Aurora Sky Photos
These photos were taken yesterday around 7pm. They have just begun raising the building which shouldn't take all that long to complete. It will likely take more time to set the inside up once the buildings are complete. This should definitely be up and running by fall no problem.
Tell that to the guy on Reddit who took them. I dont own the photos. They couldnt build during the winter.
Aurora Closed @ 2.53CAD ($1.88USD) on the TSX today. Up 1.61%.
Day High of $2.64CAD ($1.96usd).
Radient Technologies Closed @ $0.82CAD ($0.61USD) Up 9.33%
(TSX: RTI, US OTC: RDDTF) Partially owned by Aurora.
Solid day today. My guess is another up day tomorrow. :)
Also there was a fire/explosion at the Tweed facility.
I suppose we just have different understandings of how this works. Im interested to see the update for O/S. Either way, Im not at all concerned about it. I love the deal.
Good question but thats anyones guess. I think that they would fully merge the company with Aurora to make it a one step process. That being said I think Aurora would likely keep board members from Radient and so I think a similar deal that happened with Pedanios. I personally wouldnt think about buyout scenarios until Aurora is a year into producing out of Aurora Sky. Getting some revenues. Working out the kinks. One step at a time, you know?
Think about it like this: So far we have been having really high hopes strictly with Canadian patients. This deal Aurora just made has tripled the amount of people that can now buy its herb. Now having its foot in the door in Europe that only means more big news to come imo.
This deal brings the total population serviced by aurora from 30 to 110 million~. Not to mention they are going to be selling their marijuana for more per gram than they would have been in Canada. Its a huge + for auroras revenue stream and makes companies like Radient far more valuable than before.
Good luck to everyone.
Well since they are taking shares out from the outstanding list if anything that should help a tiny bit with getting this ticker to fly. We have a while until they are able to sell the shares they receive and by that time we will already be trading at the levels we want to be. Lots of confusion with people believing Aurora was diluting when it isnt.
Awesome! Pumped to wake up and see that Radient is getting some love after the Aurora news.
Aurora could very well buy Radient down the road. Of course that is just my opinion but it makes sense on quite a few levels. Why wouldnt Aurora buy this company out and integrate it into part of its process to relieve itself of a middle man. Once Aurora gets going in a few years I could see this potentially happening. In the meantime what we can focus on are the deals Aurora is making which means more marijuana Radient will have to process for them.
Looking forward to Tuesdays open. I wonder if Auroras latest news will give this stock a little more pep.
Even though you are incorrect, lets say you are... The addition of "less than 2%" of outstanding shares over the next few years is hardly anything can barely be called "dilution". But please I insist you send the company an email instead of being misinformed. They will respond.
Myth.. They are issuing some of the current outstanding shares to Pedanios. Think of each share as a replacement to money. Its a good way for Pedanios to potentially make more money out of the deal. I dont get why you are confusing that with Aurora adding additional shares to itself. You either dont understand dilution, outstanding shares, the deal made or all of the above. This is why investing isnt for everyone because not everyone will fully understand the wording of every press release.
Lol because you dont want to take the time to understand it, im not going to bother wasting my time explaining it to you. Believe what youd like but they arent issuing any outstanding shares with this particular deal. That has nothing to do with other past deals which may or may not have risen the share count. If you dont think im right email them yourself. Pretty simple if you think im wrong.
I couldnt begin to make a guess as to what Aurora is going to open at or close at. Its anyones guess as to how the market responds to the release. One thing I will say to you is that we should be happy to be invested in this company before the ball gets rolling with all of these deals. Its only a matter of time until some big buys start coming in.
"Aurora will pay a consideration to holders of Class B securities of Pedanios approximately 3,421,756 common shares of Aurora, priced at $2.14 per share. In addition, a total consideration of approximately $13,565,000 in cash and common shares is payable to the holders of Class A common shares of Pedanios"
What this means is that Aurora is paying Pedanios partially with cash and partially with outstanding shares. When Aurora says "Total shares of Aurora being issued over 3 years represent less than 2% of total shares outstanding" They mean that they are ISSUING SHARES ALREADY OUTSTANDING and that number given away represents less than two percent of that.
Nowhere in the press release does it state that Aurora is adding new shares to its set of outstanding shares. That wouldnt make sense. They arent trying to raise money for the deal. The current shares already issued are worth enough to use as cash and thats what they did. The word "issued" in the press release might be confusing to you Myth but I hope that my response clarified that for you. If you would like to Email investor relations about this go right ahead. They will give the same answer to you that I did.
I just want to be clear that selling outstanding shares isnt dilution. Basically Aurora acquired Pedanios by selling Pedanios 8~ million shares @ a certain price. Dilution is when a company adds to the outstanding share pool. Again, this latest acquisition doesn't involve dilution.
Isnt dilution when a company adds to the O/S. share count? This latest PR. Doesnt add any shares. They are simply using shares already outstanding as part of the payment.
Where are you guys getting the 2% dilution figure with the latest PR?
Aurora Shares Outstanding Chart:
https://ycharts.com/companies/ACBFF/shares_outstanding
March 31, 2017 343.69M
Dec. 31, 2016 285.17M
Sept. 30, 2016 241.43M
June 30, 2016 135.58M
March 31, 2016 135.35M
No dilution of shares with this latest PR.
I dont fully understand halts however Aurora just secured distribution to 80 million more people and walked through the medical cannabis door of Europe this this move. More than other cannabis tickers can say. Dont forget Aurora has its foot in the door in Australia as well.
05/26: Aurora Acquires German Medical Cannabis Market Leader Pedanios GmbH
VANCOUVER, May 26, 2017 /CNW/ - Aurora Cannabis Inc. (the "Company" or "Aurora") (TSXV: ACB) (OTCQX: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) is pleased to announce its acquisition of Pedanios GmbH ("Pedanios"), a leading wholesale importer, exporter, and distributor of medical cannabis in the European Union ("EU").
Pedanios, a federally licensed medical and narcotic wholesale and GMP inspected narcotic import company, holds all relevant licenses and permits, and has been successfully importing, exporting, and distributing cannabis for medical purposes since December 2015, into and within the EU.
In January 2017, German parliamentarians unanimously passed a new medical cannabis law, which appointed physicians as gatekeepers to access, established pharmacies as the point of sale, and introduced full insurance cost-coverage for medical cannabis patients across the country. In March 2017, when the new law came into force Pedanios' monthly sales immediately doubled and growth continues to accelerate as Germany's 80 million citizens begin to benefit from the improvements to patient access guaranteed by the new law.
Pedanios wholesales medical cannabis to a growing number of pharmacies - over 750 as of today - and offers the widest selection of products of any distributor in the German market, including ten of the fourteen products approved by the Bundesopiumstelle, a body of the German federal Health Ministry. All Pedanios' existing supply contracts will remain in place.
"This is a transformational acquisition for Aurora, and a key step in our aggressive international expansion strategy," said Neil Belot, Aurora's Chief Global Business Development Officer. "The transaction will ensure ongoing and increasing high quality product is available to fuel Pedanios' rapid growth, while positioning Aurora and Pedanios to seize upon opportunities together in Germany and the EU's emerging cannabis industry."
"Pedanios, with first mover success in the EU, has proven itself as one of the world's most trusted and scalable importers, exporters, and distributors of wholesale medical cannabis. Patients, physicians, and pharmacies across the EU recognize the Pedanios brand as the trusted source for high quality GMP certified medical cannabis," said Terry Booth, CEO. "The Pedanios team share Aurora's vision, our high standards, and our intentions to play a leading role in shaping the future of the global cannabis industry. In addition, because the average market prices are higher in Germany than in Canada, we expect German sales to positively impact our average sales price per gram."
"Canada and Germany are among the world leaders in medical cannabis, and as trailblazers in our respective countries, Pedanios and Aurora are well positioned to continue to drive innovation, expand our distribution network, and capture significant global market share," said Patrick Hoffmann, Pedanios' Co-Founder and Executive Partner. "We look forward to the synergies that our combined companies will deliver to shareholders and stakeholders alike."
Under the terms of the purchase agreement, dated May 18, 2017, Aurora will pay a consideration to holders of Class B securities of Pedanios approximately 3,421,756 common shares of Aurora, priced at $2.14 per share. In addition, a total consideration of approximately $13,565,000 in cash and common shares is payable to the holders of Class A common shares of Pedanios, which are held by the two founders/Managing Directors of Pedanios who will continue to run the company. The cash portion for the two founders being $3,020,000 and the share portion being 4,895,026 common shares of Aurora, priced at $2.14 per share, of which 17% will become free trading 4 months after closing, with the balance becoming unrestricted in equal installments on a quarterly basis over 27 months, commencing in February 2018. Total shares of Aurora being issued over 3 years represent less than 2% of total shares outstanding. Aurora's cash balance as of May 15, 2017 was $165,000,000. Values herein have been calculated based on an exchange rate of 1.51 Canadian dollars to every 1 Euros.
Pedanios, over the last 90 days, has achieved cash flow positive operations, with gross revenues of approximately CAD$1.15 million, and costs of approximately CA$1.00 million. Revenues for May, up to and including May 26, 2017, were approximately CAD$0.5 million, reflecting a 410% increase in the daily sales pace as compared to average for the 8 months prior to the introduction of the new law, and an increase over the April and March 2017 averages of 70% and 108%, respectively.
About Aurora
Aurora's wholly-owned subsidiary, Aurora Cannabis Enterprises Inc., is a licensed producer of medical cannabis pursuant to Health Canada's Access to Cannabis for Medical Purposes Regulations ("ACMPR"). The Company operates a 55,200 square foot, state-of-the-art production facility in Mountain View County, Alberta, and is currently constructing a second 800,000 square foot production facility, known as "Aurora Sky", at the Edmonton International Airport, and has acquired, and is undertaking completion of, a third 40,000 square foot production facility in Pointe-Claire, Quebec, on Montreal's West Island. In addition, the company is the cornerstone investor with a 19.9% stake in Cann Group Limited, the first Australian company licensed to conduct research on and cultivate medical cannabis. Aurora's common shares trade on the TSX-V under the symbol "ACB".
On behalf of the Board of Directors,
AURORA CANNABIS INC.
Terry Booth, CEO
http://www.newswire.ca/news-releases/aurora-acquires-german-medical-cannabis-market-leader-pedanios-gmbh-624649463.html
We just have to be patient and hope for something major. Its anyone's guess as to what the news could be at this point.
Who is Frajallah Salim? I did a little research and found that he is the man that registered both pme-holding.com and seilon-group.com? Also wanted to let people know that the CEO of Suncetix was the former CEO of PMEA.
Im dying in anticipation for the pending news. Every time this stock has been halted in the past has been due to significant news. Previous halts however hardly exceeded 10 minutes.. This full day halt has me really wondering what Aurora has up their sleeve. After talking with a few investors we wonder if it has to do with Radient, Aurora Sky or the replacement board member but either way it seems to be big news imo.
Was that record volume today?
GLTA :)
I urge the people wondering why the stock is behaving the way it is to please read the press releases from the last few months. Aurora is making multi multi million dollar deals and part of that is them giving shares to whatever company. In my opinion its a great opportunity to get in before the ball gets rolling.
False. There are others very similar to the Easy Grinder. Just last week I posted about one and how it still didnt look as good as the easy grinder and my post was deleted. If you think that the easy grinder is the only grinder of its kind, you have literally done zero research.
Aurora Grants Stock Options
VANCOUVER, May 11, 2017 /CNW/- Aurora Cannabis Inc. (the "Company" or "Aurora") (ACB) (otcqx:ACBFF) (frankfurt:21P)(wkn:A1C4WM) announced today that it has granted an aggregate of 2,250,000 options to purchase common stock to certain officers of the Company. The options have an exercise price of $2.49 per share, vest over a period of up to 48 months, and expire May 11, 2022.
About Aurora
–– ADVERTISEMENT ––
Aurora's wholly-owned subsidiary, Aurora Cannabis Enterprises Inc., is a licensed producer of medical cannabis pursuant to Health Canada's Access to Cannabis for Medical Purposes Regulations ("ACMPR"). The Company operates a 55,200 square foot, state-of-the-art production facility in Mountain View County, Alberta, and is currently constructing a second 800,000 square foot production facility, known as "Aurora Sky", at the Edmonton International Airport, and has acquired, and is undertaking completion of, a third 40,000 square foot production facility in Pointe Claire, Quebec, near Montreal. In addition, the company is the cornerstone investor with a 19.9% stake in Cann Group Limited, the first Australian company licensed to conduct research on and cultivate medical cannabis. Aurora's common shares trade on the TSX-V under the 2mssymbol "ACB".
Hopefully some of you scooped more shares in the 70's. For people wondering about the health of the stock, check the charts!
How are you down almost half of your position? I dont mean to be a jerk but what I think your broker meant was it was dumb for you to invest in the OTC because you dont know what youre doing. I personally dont see how you can be down unless you bought at the 52 week high.
Aurora is setting itself up to be a top player. Growing pains are involved. The share price action is actually really healthy and shows a ton of support. I believe long term investors will be taken care of here. I havent seen any red flags come from this company or management that you can sometimes get with a lot of pennys. "1000% overnight" stocks do exist, like VDRM for me this year, just gotta get lucky finding them. If you found aurora two years ago, youd be doing really good for yourself right now.
Where did you read owners were selling shares? The oils (tinctures) were never meant to be smoked. Its a tinc! What management falter? I think you should take your "half ass analysis" somewhere else. IMO.
EasyGrinders only competitor? https://www.getpensimple.com/
Doesnt look like this one has a motor inside that grinds like the EasyGrinder. I also think the EasyGrinder looks better.
You misread my post. I didnt say Aurora is the only one. I said "How many companies are doing this?". Fact is only a handful. Aurora is one of the top players hands down. If people are looking for 1000% returns overnight this isnt the ticker for them. My point is, this is one of the best long term cannabis plays out there right now. There is a lot to learn when reading charts and understanding why a price moves the way it does. Im no expert but if you take the time to read the news that has been coming out it makes sense. Multi million dollar deals. Dilution is a way to pay some of the debts. Fortunately for us this isnt a pump and dump where the stock gets diluted to oblivion.
If you invested in the company because you understand and believe in what they are doing, why complain? Take a good look at the chart. Look at the news for the year. How many other companies are doing this? Research the charts and buy safely.