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ACB not signing a deal might be great for both parties.
But it didn't help the ACB Shareholders much.
Yep. I agree with you.
Thailand Cannabis Companies will be supplying Medial Cannabis to Thailand.
I think you are taking my "Anyone Can Grow Pot" comment out of context.
For Example: If Cannabis is made legal in Thailand. Thailand Cannabis Companies can grow pot. So why would they import it from another country when the local Thai Stick is better?
In fact, Thailand could eventually EXPORT their Cannabis to compete with the Canadian Companies. And I'm pretty confident that the Thailand Cannabis Companies could be a very, very, very, low cost provider.
Thailand = Great Sunshine, CHEAP Labor, and low taxes. And believe it or not, there are a lot of farmers in Thailand already.
Japan - Remember Paul McCartney in the 70's?
China - Non Starter.
Philippines - They shoot you.
North Korea - Non Starter.
South Korea - Maybe.
Thailand - Yes. There is hope in Thailand. But the Thais are VERY resourceful and hard working people. The Cottage Industries there are enormous and every Thai will be able to grow 6 plants. So I'm not seeing much upside for a major Cannabis Company here. Plus, Cannabis will be like $1/Gram in Thailand after it is legal. Everything is inexpensive in Thailand.
Australia is close to Asia Geographically.
However, I would not assume they are close Politically concerning Cannabis.
My Australian friends fly to the Philippines for vacation and it is like $300.
BUT, I would advise against bringing Cannabis into the Philippines (or any Asian Country).
Last I heard, the Philippine President wasn't too keen on Cannabis. I think he said something about killing drug dealers in his country.
But you can google it if you want.
I've been to Australia and I have some good friends in Australia.
Australia has about 25 Million people in a Country bigger than the USA Geographically.
Last time I was in Australia, we smoked some killer good Cannabis.
However, you have to think twice before investing in Australian Cannabis though.
Most of Australia is country and the Australian Sunshine is INTENSE (which is great for growing Cannabis) - but the sunshine is also FREE - so growing your own is a really attractive idea there.
Yep. Yet there are still some who wonder why ACB was trading at $120 and now it is trading at $6. (Post-Split Prices).
I haven't been writing too many posts on here lately because I have come to the conclusion that the long-longs will never listen and they simply deserve their fate.
I also just want to write "I told you so" over and over...
Why?
Because I did tell you so over and over (just look at my posts for the past year)...
Down another 10% today...but I'm sure those $12 Calls are looking better than ever.
WOW!! ACB must have signed the Coca-Cola Deal!!
The long-longs were right after all!!
Nelson came through big time!!
I don't ever see that happening either.
But I had just smoked a bowl of GSC when I wrote that post - so it sounded like a good idea when I was high.
P.S. - Pizza and Weed sounds like a good combination too!!
What if the Wendys did the BIG DEAL with Aurora?
When you go through Wendy's Drive Thru to pick-up some burgers and fries, you can also pick-up some Aurora Cannabis.
I mean what goes better with Weed than fast food?
DH -
You have been 100% Correct about ACB all along!!
I bet one day soon, you will turn-on your computer and Aurora will be trading at $8.40 a share!!!
Take a look at the 1 Year Chart. If you haven't noticed, ACB has been "dropping like a bomb" for the past year.
But I do have to admit, I like seeing what some posters are writing about the Reverse Split that has been announced. It makes me laugh.
Remember when I said: There is a GOOD REASON why Terry cashed-in for $10,000,000?
Well, that reason is: The Reverse Split that was just announced.
Don't you just love it when the Insiders DUMP Shares and leave the Common Shareholder holding the bag?
ACB made Terry a rich man - but he screwed the Common Shareholders at every step of the way.
Know what company you are buying.
ACB is not Cash Flow Positive and it relies on DILUTION to fund everything.
This is still true because ACB has been issuing shares ATM.
Wouldn't it be nice if you needed CASH $$$$ - all you need to do is print money in the form of more Shares.
I might have to go back and dig-up some old posts I wrote 3 months ago about the Reverse Split that was coming.
Shorties love ACB. The Shorts have loved ACB ever since March 2019 (when I got out).
Now after the RS - the shorts are gonna love ACB even more.
The shorts will short ACB down to the point where it is a good bargain - then Nelson and his Billionaire Buddies will take it private and make all the $$$ on the backs of the sucker Common Shareholders.
After the RS - the shorts are going to have A LOT of room to work with.
APHA and OCI are much better plays than ACB in the Cannabis Space.
OMG!! ACB announces a Reverse Split?
I've been away for a while.
But WOW - A Reverse Split?
Who saw that one coming??? LOL!!
That run last week from 70 Cents to 90 Cents today was amazing.
Are you saying the run is over?
"No where to go but up"...actually, some of the Cannabis Companies could end-up in Bankruptcy.
I mean, there were some Cannabis Companies that Analysts believe would not make it Pre-Corona. So with Post-Corona Liquidity drying up, some still could go BK.
Well the good news is: ACB is at 90 Cents today.
So you have another great "Buying Opportunity" here.
Yep. I totally I agree.
The scenario we are living in real time has happened before. Alcohol Prohibition ended in 1933 and I can really see the similarities.
I am bullish on the Cannabis Sector because of the Recession caused by Corona.
During an economic downturn, people resort to vices to cope. Traditionally those vices were Alcohol and Tobacco. However, Cannabis is way better for treating Depression, Anxiety, etc. So I can really see why the Cannabis Companies are reporting increased DEMAND.
Also, Trump will be under pressure to create JOBS. And we all know that the Cannabis Sector can create a lot of JOBS.
Also, the States are going to be broke after Corona is over. And they are going to look towards Cannabis to increase their State Tax Revenues.
Corona could save the Cannabis Industry.
Yep. I agree with everything in your post.
When I first started investing in ACB and the Cannabis Industry in 2017, I really would have never believed the Industry would be back to where it is today.
I really am sad about it.
When a person screams "fire" because a building is burning. It just means the guy was warning people. It doesn't mean he wants the building to burn.
Lets hope the upward action we've seen in the Cannabis Industry over the past week keeps going...forever this time.
Good Article from Politico...
https://www.politico.com/news/2020/03/27/cannabis-coronavirus-151209
It appears that Corona could be the "Game Changing Catalyst" that Cannabis Investors have been waiting for.
I totally agree with the long-term prospects of the Legal Cannabis Industry.
I say "Legal" Cannabis Industry because the Cannabis Industry is nothing new. Dealing in Cannabis goes back 1,000's of years.
The only difference now is that Capitalism is involved.
The Cannabis Industry used to be made-up of small growers selling to their distribution system (usually gang or organized crime).
However, under Cannabis Capitalism - we have Multi-Billion Dollar Grow Operation being capitalized by selling stock on the NYSE.
Selling Cannabis is a whole different game when "Brick & Mortar" Stores are required (vs: buying from your "guy") and licensing, TAXES, etc.
One thing is for sure: Watching the Legal Cannabis Industry evolve is very interesting and educational.
It's the end of the world as we know it...
And I feel fine...
It's 11:30am and I'm already hitting the GSC.
I'm telling ya, if your going to be on lock-down, might as well be on lock-down with some great Cannabis.
The Corona Virus is HORRIBLE. The worst thing I've seen.
However, the only thing we can do about it is not spread it. (ie: Wash our Hands, Social Distancing, Shelter in Place, etc...)
I am doing exactly what the Government (CDC) is telling me to do.
I am Sheltering in Place, practicing Social Distancing, and washing my hands 20X a day - and I'm enjoying every minute of it due to the GSC.
IMO, this lock-down would be 1 Million Times Worse without Cannabis.
When a stock can't hold gains - it is usually because there is short covering.
In this case, the shorts may have listened to Curaleaf's Conference Call where the CEO said Corona is a positive for Cannabis.
I mean, the shorts have A LOT of sure fire businesses to go after right now due to Corona. The shorts can short Restaurants, Cruise Lines, Airlines, etc.
There have been A LOT of businesses negatively affected by Corona.
So why would the shorts want to hang-on to a short position that could be POSITIVELY affected by Corona?
Plus, the shorts ate the Cannabis sector to the bone. There isn't much money to be made shorting ACB at 63 Cents. The upside for the shorts would be 63 Cents if ACB went to Zero. So not much chicken left on that bone.
Also, when a stock can't hold gains - that could mean the Financials or Business Model is flawed.
Thanks!!
My understanding is that Schedule 1 is reserved for drugs that have a high propensity for abuse and that have little Medical Value.
I know the whole History of how President Nixon wanted to lock-up the Hippies and Blank Panthers and the only thing he could do is arrest them for Cannabis.
However, you would think that since Cannabis has been around for 1,000's of years - that there would be tons of empirical medical studies on Cannabis that clearly define it as Medicine.
Anyway, it sounds like Cannabis would have to be removed from all Schedules to get banking.
I mean, if Heroin & Cocaine are on Schedule 2 - Banks cannot exactly lend to Heroin Dealers either.
Removing Cannabis from all Schedules just makes sense now. Trump is a business guy - he'll eventually figure out that Legalizing Cannabis during the Corona Recession is the right thing to do for America.
Yep.
Alcohol & Tobacco Sales have historically sky-rocketed during tough economic times and times of high anxiety.
And to tell the truth - Cannabis is a much better product for combating stress and anxiety that Alcohol & Tobacco ever were.
So Cannabis is a perfect "coping mechanism" for the Corona Recession.
Plus, when Cannabis Markets mature (like in Oregon), the price of Cannabis comes down. This means that more unemployed people can afford Cannabis.
I see a lot of Bullish Catalysts for the Cannabis Industry due to Corona.
Don't get me wrong. The Corona Virus is HORRIBLE. But I would love to own a Hand Sanitizer Company right now.
NICE WORK!!! The MONEY is in the BANK $$$$!!!
I've been thinking about trimming my position in VFF heading into next Tuesday's Earnings Report - but I am going to let it ride this time.
It's a gamble, but I like the Company and CEO - so I just like owning part of that business.
Legalize EVERYWHERE!
Due to the Corona Recession - EVERYONE needs money and Tax Revenues!!
Yep.
When Curaleaf's CEO said that business was up over 20% due to Corona and that Corona was "positive" for the Cannabis Industry - it got the Shorties running for Cover!
The shorts deserve EVERYTHING they get for what they did to ACB in 2019.
Good Morning!!
ACB is looking good today!!
I like this reversal a lot. I hope it keeps going!!
If ACB does well, it is great for the whole Cannabis Industry.
We'll see if it is Dumb Money or not. It all depends on when you SELL.
True.
That article was written BEFORE the effects of Corona on the Cannabis Industry were fully digested.
When Curaleaf's CEO said during the Conference Call that business was up over 20% due to Corona and that Corona was a "Positive" for the Cannabis Sector - the Money Managers were listening.
Also, Trump is going to be looking to create JOBS due to the recession caused by Corona.
And Trump KNOWS first hand that VICES (Trump Vodka, Trump Casinos) are MONEY MAKERS $$$$.
Trump is not a goodie-two-shoes. He knows how the world works and he knows that you make $$$$ by giving people what they want.
Yep. I agree. The Cannabis Sector got crushed in 2019.
Good Cannabis Companies, Bad Cannabis Companies - it didn't matter.
I believe in the Long-Term prospects of the Cannabis Industry, but seeing ACB go from $10 to 63 Cents was really hard to watch.
I mean, the longs have been trying to find the bottom of ACB for over a year to no avail.
So I hope the reversal this time is real.
Yep. Me too.
Gotta compute Risk vs: Reward and pick-out the Healthy Companies and Stocks that were sold-off due to the Panic Selling.
I look for Stocks that were doing perfectly well before the Panic Selling - those are the ones that recover fast.
You are right. You can't pick all the winners. As long as we are making $$$ we are doing it right.
Here is a WHOLE ARTICLE based on the Dumbest Thing You Read All Day.
https://ca.finance.yahoo.com/news/stock-market-crash-cannabis-stocks-173426496.html
Corona is creating a RECESSION.
Million of people are being Laid-Off.
The Federal & State Governments are going to be looking at Growth Industries to CREATE JOBS.
The State Governments are going to be broke (even more than Pre-Corona) and they are going to need TAX REVENUES FROM CANNABIS (We have already seen this in 33 States). The States are not legalizing Cannabis because they want to be nice to Stoners - they just want the TAX $$$$.
33 States have already Legalized (either Medical or Recreational).
DEMAND for Cannabis is INCREASING due to people being locked inside due to Corona (if you believe Curaleaf's CEO when he said Corona was a "positive" for Cannabis).
So basically, Corona could save the Cannabis Industry.
Jack Daniels, Maker's Mark, etc are all made 100% in America.
So why do we import Seagram's, Crown Royal, and Canadian Mist from Canada?
In fact, why import anything? America pretty much makes everything it needs.
IF Trump were to take Cannabis off of Schedule 1 - that would open up a market of roughly 350 Million People over night.
The Demand will be huge - but ramping up to the kind of demand that the entire USA would create would take years.
So Importing Cannabis from our friendly neighbors up North could be an option. Trump will get his Tax Money and America will get Canadian Weed (just like we've been getting Canadian Whiskey for over a Century).
Yep. It appears that Cam & Terry really were stooges.
Terry sold-out the Shareholders every chance he got.
I hope ACB goes back to $5/Share and Terry would have missed out on a $48 Million Pay-Day and the sale of his 12 Million Shares.
I can really see the day when Trump takes Cannabis off of Schedule 1.
Trump LOVES the US Economy and JOBS - More than he hates Cannabis.
In fact, Trump's son was arguing with the POTUS regarding whether Cannabis was harmful or not.
That said, if this Recession gets really bad and 33 States have already legalized Cannabis for either Recreational or Medical Purposes - I really don't think Trump can turn a blind-eye to such a great Business and Industry.
I mean, Trump once owed a Vodka Brand and he doesn't even drink. And Trump owned a Casino and he doesn't even gamble.
So how is Cannabis different. Trump understands VICES MAKE MONEY $$$.
Then after Cannabis is taken off of Schedule 1 - then the USA can start IMPORTING Cannabis from Canada (like Whiskey) - but with Trump TARIFFS of course.
But the Cannabis Sector is starting to look brighter every day.
Time to smoke a bowl (might as well, I'm on lock-down).
Exactly.
Cam & Terry were definitely part of the problem (not the solution).
Cam & Terry wanted to retain CONTROL after a Big Deal.
Unfortunately, Big Deals don't work that way.
For Example: When Constellation invested $4 Billion in Canopy - Constellation got CONTROL of Canopy.
So if there is a Big Deal for Aurora on the horizon - the question is: Who will be in CONTROL of Aurora after the deal is done?
ANYTHING can happen in today's trading environment caused by the Corona Outbreak.
In 2019, the Overall Market returned 29% while ACB was down 85%.
Maybe in 2020, the Overall Market will be down 29% while ACB returns 85%?
Who knows...