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Aurora's dissolve strips recently launch on October 6 2019 and by December 23 2019 an article was released by CTT Pharmaceuticals that the dissolve strips were sold out. CTT pharma also stated that they currently making CBD strips and CBD:THC infused strips. This release is definitely something to keep your eye on for both companies. Aurora's dissolve strips takes almost half of the Marijuana on each strip versus Aurora's soft gel tabs. Here's the breakdown of Aurora's Strips versus their soft gel. Strips are $32.50 for 15 strips. These strips have 4.7 milligrams per strip and sell for $2.16 per strip. Now the soft gel capsules are $32.50 for 30 pills and have 8.7 milligrams and sell for $1.08 per pill. The Strips give Aurora $32.50 and have a total of 70.5 milligrams of marijuana on all 15 strips where as the gel tabs give Aurora $32.50 and have a total of 261 milligrams in the 30 capsules. So Aurora has to put almost 4 times more product(marijuana) into the soft gel tabs and sell them for half the price of the strips. Let's break this down even more. If Aurora sells 1,000,000 dissolve strips. That's 4,700,000 milligrams of marijuana, which is 4,700 grams. At $1.42 per gram that's $6,674 to produce 4,700,000 milligrams. With a total gross of $32,500,000. To sell a million dissolve strips they have to sell 66,666 small packets of 15. The idea of these dissolve strips are not new to the public. In 2001 listerine came out with breathe strips to make your breathe smell better and they sold 200 million of these strips in the first year. These dissolve strips check so many boxes for Aurora. Less product needed per strip, higher sales price per strip vs gel tab, quicker asorbtation rate and most importantly a safe alternative to vaping and edibles. Aurora has already stated, they will get their cost down to produce marijuana cheaper then anybody else and will produce more than anyone else and now we have a product that will take less product. CTT Pharma has patents for their technology in both Canada and the United States for their technology and in January of last year announced filing for patents across the world which also indicates Aurora will be looking to sell this product outside of North America. Because these strips are paper thin they will be able to ship them across the world for next to nothing and as a result should not eat into the massive profit of these strips. Aurora has made many investments over the past several years both small and big. But I believe that these dissolve strips will be Aurora's best investment because of the unique nature of this product and the massive profit that these strips offer.
Bank of america has 9 billion shares outstanding and their margins aren't nearly as nice as Aurora has on their products
DISSOLVE STRIPS SELL OUT-- Aurora's dissolve strips takes almost half of the Marijuana on each strip versus Aurora's soft gel tabs. Here's the breakdown of Aurora's Strips versus their soft gel. Strips are $32.50 for 15 strips. These strips have 4.7 milligrams per strip and sell for $2.16 per strip. Now the soft gel capsules are $32.50 for 30 pills and have 8.7 milligrams and sell for $1.08 per pill. The Strips give Aurora $32.50 and have a total of 70.5 milligrams of marijuana on all 15 strips where as the gel tabs give Aurora $32.50 and have a total of 261 milligrams in the 30 capsules. So Aurora has to put almost 4 times more product(marijuana) into the soft gel tabs and sell them for half the price of the strips.
Let's break this down even more. If Aurora sells 1,000,000 dissolve strips. That's 4,700,000 milligrams of marijuana, which is 4,700 grams. At $1.42 per gram that's $6,674 to produce 4,700,000 milligrams. With a total gross of $32,500,000. To sell a million dissolve strips they have to sell 66,666 small packets of 15.
The idea of these dissolve strips are not new to the public.
In 2001 listerine came out with breathe strips to make your breathe smell better and they sold 200 million of these strips in the first year.
Here's the breakdown of Aurora's Strips versus their soft gel. Strips are $32.50 for 15 strips. These strips have 4.7 milligrams per strip and sell for $2.16 per strip. Now the soft gel capsules are $32.50 for 30 pills and have 8.7 milligrams and sell for $1.08 per pill. The Strips give Aurora $32.50 and have a total of 70.5 milligrams of marijuana on all 15 strips where as the gel tabs give Aurora $32.50 and have a total of 261 milligrams in the 30 capsules. So Aurora has to put almost 4 times more product(marijuana) into the soft gel tabs and sell them for half the price of the strips. These dissolve strips check so many boxes for Aurora. Less product needed per strip, higher sales price per strip vs gel tab, quicker asorbtation rate and most importantly a safe alternative to vaping.
Aurora's dissolve strips takes almost half of the Marijuana on each strip versus Aurora's soft gel tabs. Here's the breakdown of Aurora's Strips versus their soft gel. Strips are $32.50 for 15 strips. These strips have 4.7 milligrams per strip and sell for $2.16 per strip. Now the soft gel capsules are $32.50 for 30 pills and have 8.7 milligrams and sell for $1.08 per pill. The Strips give Aurora $32.50 and have a total of 70.5 milligrams of marijuana on all 15 strips where as the gel tabs give Aurora $32.50 and have a total of 261 milligrams in the 30 capsules.
So Aurora has to put almost 4 times more product(marijuana) into the soft gel tabs and sell them for half the price of the strips.
These dissolve strips check so many boxes for Aurora. Less product needed per strip, higher sales price per strip vs gel tab, quicker asorbtation rate and most importantly a safe alternative to vaping.
Aurora's dissolve strips takes almost half of the Marijuana on each strip versus Aurora's soft gel tabs. Here's the breakdown of Aurora's Strips versus their soft gel. Strips are $32.50 for 15 strips. These strips have 4.7 milligrams per strip and sell for $2.16 per strip. Now the soft gel capsules are $32.50 for 30 pills and have 8.7 milligrams and sell for $1.08 per pill. The Strips give Aurora $32.50 and have a total of 70.5 milligrams of marijuana on all 15 strips where as the gel tabs give Aurora $32.50 and have a total of 261 milligrams in the 30 capsules.
So Aurora has to put almost 4 times more product(marijuana) into the soft gel tabs and sell them for half the price of the strips.
These dissolve strips check so many boxes for Aurora. Less product needed per strip, higher sales price per strip vs gel tab, quicker asorbtation rate and most importantly a safe alternative to vaping.
"OPEN LETTER" Aurora bought a 7.8% stake in CTT Pharma for $1,000,000 in May 2018 with the rights to increase up to 42.5%(exercisable until May 20, 2021). They did this because CTT Pharma's filmstrips are capable of delivering marijuana/CBD orally without smoking or edibles and because they have patents in Canada and the United States for their technology. CTT last January also announced patents throughout the world as well. These strips are placed on the tongue and dissolve, which ultimately enters the bloodstream quickly(as quick as an injection) bypassing the lungs and stomach. Let me repeat that. These Dissolve Strips bypass the lungs and stomach. Both smoking and edibles have a documented history of problems. As many know there is currently a vaping epidemic and The American Lung Association discusses in detail the damage that smoking marijuana can do to one's lungs. One of the biggest problems with edibles besides the fact you're throwing a bunch of calories and sugar into your system before you get the munchies, is the delayed onset. You don't know when you are going to get high or how much you're body can handle because it takes longer to feel the effects of edibles verse smoking.
Up until now Aurora and CTT Pharma have been very quiet about what has been going on and besides a couple of announcements, have been flying below the radar for the most part. CTT and Aurora put these film strips up for sale on Aurora's website for medical patients only on October 6 2019. On December 23 2019 , CTT announced that they're completely sold out, which happened in less than 75 days, and are in the process of making CBD Dissolve Strips and CBD/THC combined Dissolve strips as well as bringing back the original dissolve strips with just marijuana that sold out and news that they will be ready for a rollout March 2020 which is 2 months away. This news came out 2 days before Christmas and didn't show up on any of my news feeds or stock info for Aurora. CTT Pharma trades on extremely low volume of 10k-15k shares daily. With a 24 million public float at .16. So a couple of thousand dollars a day trading hands. I personally believe they are and have been both quietly moving along in what could help boost profits this year for both companies. I say this for several reasons. One being that for starters these Dissolve Strips require less CBD and Marijuana itself on the dissolve strips which as we know, less product means more profit for Aurora. More importantly the other being Listerine already did this and there is a little bit of history as a result. As many are aware of the Listerine Pocket Paks came out in 2001 and provided these dissolvable strips on your tongue to give you fresh breath. What you may not realize is that they sold $175 million in the first year. I'll pause again. $175 million in sales year one. Pfizer sold over 200 million Pocket Paks in the first year on shelves. I personally believe that not only will Aurora profit substantially from these Dissolve Strips from CBD to marijuana but I also believe that CTT Pharma has the potential to be a billion dollar company and Aurora will also get to share 42.5% of CTT Pharma's valuation if and when that happens. Aurora has positioned itself to be in a no lose situation with these Dissolve Strips. Another thing to note is that the timing of these dissolve strips are out at a time when there is a vaping crisis currently going on with thousand getting sick, hospitalized and even dying over vaping. I believe that these strips will definitely take revenue away from other companies for many reasons. They're smoke free, there's accurate dosaging which smoking and edibles can't offer and again are a safe alternative to other products.
I believe that both Aurora and CTT Pharma are going to benefit this year from this product and future products that they're creating. With both company being at multi year lows I can't think of a better time to buy or consider buying based off of these products. I own quite a few shares of CTTH because the valuation is at $7 million with a low float
Can you give some more thoughts on this
You wish
This will go up in October big time
They don't care. They're stealing money everyday
ERBB IS AT .00005 NOW
ERBB CEO OWNS NO COMMON SHARES
They dumped 26 billion shares on shareholders in several years and then swept it under the rug.
Think about it 500-1 reverse split.
Going to go back to triple zero
The pump and dump has already started.
Theyre getting ready to buy another town!
Lol
Erbb CEO owns 0 shares-Why would you
The problem is.. The story is the same. The CEO owns zero common shares. So the company will Start the dilution game all over again. Buyer beware.
If you look at Choom's website it states 27 Choom stores are open or will be opening and gibes the retail location address and that there are 3 Clarity locations already opened waiting for Alberta approval. So 30 total.
If You're responding to me, he hasnt sold any shares.
STOP SELLING SHARES PEOPLE. While people have been selling shares and not being patient. Choom's CEO has been buying. Last week Mr Bogart bought 146,000 shares. 20,000 shares on August 14, 116,000 shares on August 15 and 10,000 shares on August 16.
Agree
What new regulations
What does that mean?
Choom/clarity just got approved for two more licenses today in Alberta. They have 9 total licenses now. Go choom.
The one thing you have to understand is that they had thousands of people come through that door by now and only a handful complained about the price or quality. Not bad.
I agree. Ive been watching choom since last year. I've been buying like crazy the past couple of weeks because I think we are at a bottom and there is plenty of things positive that are going on. Clarity just got 4 more stores approved(7 total now) Also I called called Choom niagara falls and they told me they carry San Rafael(which is aurora's top product and a best seller).
Aglc website says Clarity has 7 total licenses now which means they got 4 new approvals.
Bought 313,000 shares in the last week and a half. No brainer for me on this one.
You're welcome. That is one of the main reasons why I'm loading up on shares.
He still has them. Hasn't sold any. Last purchase was 2/19/19
CEO of Choom bought 1,198,000 in 2018 at an average price of .8159 and 182,000 shares in 2019 at an average price of .4565.
How many shares does the CEO own?
Thank you very much! Do you know how many shares the CEO owns?
How many outstanding shares as of this year?
I bought a bunch at .0016!
Thanks for everyone selling them to me. Nice doing business with you. Lol
No. I’m guessing it should be soon.
The fact that they are getting patents worldwide is a good sign.
This thing will take off with Canadian approval
Agree. If they get Canadian approval this will run up quickly