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This should allow Aphria direct entry into the U.S. by keeping Tilray name as it is incorporated in the U.S. if I am not mistaken. Be interesting to see how this plays out!
Merger talks with Tilray
I noticed that on my TD account. Quite a move. We will see if it holds and what news tomorrow brings.
Does Aurora still have the "pharmacia" assets from Mexico, or have they divested? Legalization there should pass in December.
It looks like Choom is finally starting to wake up, and make a nice run!
If it was bad news they would have released numbers after hours on Friday to digest over weekend. Hopefully good news soon. I am in it long haul so not worrying about the daily swings.
See ya in a couple weeks John!
They seem pretty confident. Posted on Leafly
Choom Cannabis - Coming Soon!
5.0
1 reviews
CLOSED NOW
7555 Montrose Road Unit E3, Niagara Falls, ON
The online site will be huge!!! It is hard to even fathom what revenues will be like the end of this year, and 2020.
I have never witnessed a successful RS. Once its completed the shares immediately plummet close to pre RS price. The only reason to RS is to uplist, and these guys aren't even close to do that revenue wise.
They have a few opening up this spring due to acquisitions of license lottery winners.
Also heavily backed by Aurora, 40+ stores set to open, and entry into the U.S. market. Great play, and IMHO a $10 stock in 2 years.
With Choom (who Aurora has a good size piece of) entering the U.S. market, through an acquisition, as an upscale retailer of MJ, the door is now open in the U.S. for Aurora to supply through Choom. Aurora is really running on all cylinders!
Big fan of Diamond CBD as well. Use it for pain, sleep, pets, relaxation, as does my family and friends. Never had issues of any sort.
If I were to venture a guess I would say ACB at $50 end of 2020, and $100 by 2022. After that it will be interesting to see the global landscape for MJ. It should be fairly established world wide by then.
Welcome aboard. This will pay off handsomely this fall and winter when they have most of their operations up and running.
I drank the Koolaid and added on. Edibles will be huge in the coming months. It would be nice to get a string of good news instead of the 1 step forward, 2 steps back approach. Right now its a mess, but I have time, and enough doing well to put this on the back burner.
SWEEEEEEET!
And then after the split it will drop just as quickly. RS do not work!
Absolutely right. Choom hasn't opened a store yet, but is slated to open over 40 high end brick and mortors in the next few months. Aurora has $40 million invested there, and there are many other investments that will definitely pay off.
Welcome and wish you and all the believers the best.
Thank you Loot!
You have no case other than being arrogant. My case is Aurora will surpass most MJ stocks over time, so it is not a pos as you stated.
Most everything is up 100% from its December low. We will listen to the analysts, and the institutional buyers that are flocking to this stock instead of the wannabe advisors that permeate this board. I am good with Aurora and will be here in 2-3 years enjoying what this company has accomplished.
There are a majority of Countries who are opening the doors to Medical, but not recreational. I think it is wise for Aurora to enter those open doors, and when rec comes along they are well established. Canada is a baby step on the journey.
Nice find Shanak. Its nice to know that things are going on behind the scenes. I have no doubt this will fly in the spring and summer when doors open.
Since were throwing numbers out there; $9-12 by May, $12-15 by Aug., and $15-18 by years end minimum. JMHO
Representing Bellingham
Here is a conservative forecast for Namaste, but as you can see with patience it will hit numbers that will make most of us relatively wealthy in 5 years. (for those on this board that have actually invested in Namaste)
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Absolutely! and Choom already has invested in a number of properties (I believe up to 40 in Canada. I wonder if by this LOI it will open up doors to other Choom stores in the province, or if license is for one specific store.
This slooooow rollout by the government (25 stores in all of Ontario!), and the fact Choom has to piggy back into opening one store with an LOI is troubling. I think the lack of supply in the initial quarter has put the government in panic mode, and hopefully will loosen up when proven there is abundant supply.
those report announcements are never accurate. We would need to see something under news to be authentic. Wish it were true as it has been quiet for a loooong time.
I think $6s will happen. Aurora investments are all down so will reflect in revenues. Patience till fall, or move elsewhere, just quit the whining!!! It will hit $20 at least by year end, and I am OK with that.IMHO
Edibles will become legal in Canada in April, and Aurora will be ready. Choom (of which Aurora has a sizeable stake) will also be opening its doors in April, and should be a big hit with its Hawaiian themed products such as Maui Wowie. We should also know how the Mexican investment is panning out. Lots of revenues to be made the second half of 2019, and 2020.
I don't expect Aurora to surprise this earnings announcement, and maybe disappoint. A lot of their investments have gone down in value, some have yet to generate revenue (Choom). Might be a good add on opportunity, and the following quarters will be amazing with edibles and CBD hitting the streets. Hopefully looking at $20-30 by years end.
I have never experienced a RS that worked. in 3 months the stock is right back where it was pre split.
Good thoughts Scout!
Wish you the best. Personally I am gonna ride this one out. Too much infrastructure in place for a decent buyout not to occur.
One day you will get it right Taurus. I am sure it will pull back after such a strong run, but long term this will fly, and no one can stop it.
Sounds like Rodge has a lot of stock in BlissCo. They get it to a $100 PPS and you will be my hero Rodge!