Aurora Cannabis Inc (ACB)

[GreenKnight]

Been waiting for this announcement for a while here... Better than being booted off the NYSE. Now, with a 1:12, depending on what happens AFTER, this could be a good thing... IF Aurora does not take on MORE debt for “working capital” purposes after the fact, because there will be room to do so.........

I’d think this fact would have been mostly “baked in” on the price, as we know they want to stay on NYSE .... so IMO it’s a good time to take advantage of the extra bleeding because, post-RS and without any immediate PP funding news this will have a ~100M OS , similar to TLRY , and can move UP very fast on some long-awaited news (on US entrance plans, or partnership, whatever).

Just my .02 .... these are strange times we all know what the knee-jerk reaction to an RS is. I have been a part of them where they have been a GOOD thing... thought I would drop in.

In sum... This is NEEDED and everybody should have already figured out that this is the direction ACB needed to go. But now it all depends on their execution after they “turn the corner,” so to speak...