Aurora Cannabis Inc (ACB)

[damAcon1]

Not to be wishy-washy but analysts just came out and stated that Canopy Growth might not be profitable by fiscal year 2022. Fortunately they have money from Constellation Brands. This concerns me about Aurora, because they are cash strapped. Maybe I am completely wrong and a partnership (or something) is actually going to happen sooner rather than later. A.) You need cash to stay in business, and B.) their stock price is starting to threaten the listing minimum. If they want to be around for the longterm you would think that this is getting close to the breaking point which would have to cause something to happen. If it does I would assume the partnership would be with an alcohol or tobacco company...they have been planning on entry into the space since their sales revenues have been dropping. Diageo, Phillip Morris...something like that.

At this point it makes me wonder why Aurora doesn't just forgo the NYSE and move back to OTC. The company's name/recognition is out there. Then they could come out and say, hey we are making this move on the best interest of the company...here we come US marketplace. They have the supply...just need to move it.