Aurora Cannabis Inc (ACB): Given the way they are bleeding cash, an...

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Re: jimmy lipper post# 67275

Saturday, 10/10/2020 9:12:13 AM

Saturday, October 10, 2020 9:12:13 AM

Given the way they are bleeding cash, and their inability to stop doling it out to management, past and present, I would say any potential buyout partner would want to avoid the company. IMO

The CEO search apparently exposed enough dirt to potential candidates that no one wanted that job with ACB. A buyout would force the company to expose even more.

Even Peltz walked away from the scam.

ACB management reportedly quashed the merger with Aphria because they wanted more control and money. The recent move to giving executives cash instead of options shows they just want to empty the company's cash register.

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