Replies to post #43749 on Aurora Cannabis Inc (ACB)

[ax57]

Those write downs have already reversed, you won't see them again next quarter unless the sector tanks even worse than December.

[ZenMan 111]

Yes and CRON, CGC and HEXO have one thing in common, they have a big company invested in them. ACB has yet to connect with a big company but I know they will. They understand the importance! They are using their strategy but imagine when they play that card!

[TheBrit69]

your numbers are wrong. Best case you have is ACB flatlining since September. The rest is gaslighting bs.

[Chicago-Paul]

Rowdy -

That is an EXCELLENT post. I have been saying the same things for a while now. ACB is NOT performing like CRON or Canopy. All anyone needs to do is track the share price to figure it out.

ACB has a $7.5 Billion Market Cap, HUGE Capital and Operating Expenses, and huge losses.

I get that the Cannabis Market is HUGE. However, Aurora can only sell recreational cannabis in Canada and Amsterdam (no USA Sales) and it sells only Medical Cannabis everywhere else.

In the countries where only Medical Cannabis is legal - the Black Market still controls all of the recreational sales. Aurora is growing tons and tons of product - but their market is really limited.

As such, competition is going to enter the Cannabis Market sooner than everyone thinks.

Plus, every Cannabis Company is trying to grow the best and strongest product - and the stronger the product - the less you need of it.