Aurora Cannabis Inc (ACB)

[CannaZoid]

The earnings quarter is gonna tank. There are no “Surprises” no “Revenue Big Beats” no “Big Announcements” no “Surprise EBITDA Positive. No CEO change. No magic solution to cash flow troubles...

There will be a non-recurring one time revenue announcement from the sale of TGOD that will make the books look better than they really are for one quarter. There will be an announcement of how cutting overhead and the construction cessation of so many projects has helped the bottom line. There will be fingers pointed at the lack of retail shops open from the slow roll out of Canadian Legalization and restrictions. There will be fingers pointed that the “Black Market” is still thriving and undercutting prices. There will be a “Red Faced” excuse of why German Sales have halted and how it effected the overall revenue for the quarter by 5%... There will be no mention of what their plans are for giant Radient facilities and no specifics on whatever the hell Nelsen Peltz is doing for the company.

That said, this should create a great share price to buy shares for the following 3 quarters of 2020 as 2.0 sales will help revenue and margins and revenue will be boosted due to 100’s more retail locations opening through the year... Aurora geared up for Global Legalization and until we are supplying more than just the small Canadian Market, things won’t go gangbusters here. You have time, buy the bloody days and wait a loooonnggg time...

Sorry for the reality check. My Average is under a dollar since 2016 and I’m more than saddened how things have evolved with Aurora. Wouldn’t be surprised if there were layoffs announced and more dilution before they can downsize / adjust to what market they currently have to supply...