Aurora Cannabis Inc (ACB)

[greendragon420]

Who is the day trader? Cannabis is my first experience trading outside of company plans. I am and have been invested in Aurora for over 18 months. They have a lot of shares. They have a high market cap. Not sure the numbers they are producing can sustain the market cap and valuation. It’s just reality. If someone can make more money in between and return and acquire a larger position, what’s the problem? Aurora will have its day. It just needs to complete projects and infrastructure it acquired through share dilution. They have to produce in order to generate revenue.

I think the industry has shown big money (partnership announcements) isn’t really changing market caps at an exponential margin. Outstanding shares and development will be working against Aurora for awhile, that has become clear. Unless the entire world legalizes and there is just open trade everywhere, not much is changing here? Is Aurora working on a cure for any diseases? I seen someone said they are Pharma and then someone said no way. As far as I know Aurora produces cannabis and wanted to be able to produce the most cannabis on paper first. They did it by issuing paper. Only to find out on one of the last days of trading the questionable ? CEO and other management sold shares in March? This forum is meant for sensible discussion isn’t it?

I personally think there are better plays out there right now to make better returns. Aurora has to grow into their share structure and execute the plans they issued shares for. The US rescheduling is going to be a big deal. I don’t see the US importing cannabis once legalization happens. I seen today on national news that recreational will be here at a federal level in 2-4 years.