Replies to post #53218 on Aurora Cannabis Inc (ACB)

[CES2002]

Cam said this quarter!

[Chicago-Paul]

Actually, positive EBITDA will probably happen for ACB this quarter.

Here is why I think this:

ACB lost $160 Million last quarter. This is a fact (no matter what people on here say).

ACB knew last quarter was going to be a loser. As such, they "took out the trash" or "cleaned house" or "flushed the toilet" of all the bad stuff last quarter.

I mean, would you rather report a $100 Million Loss last quarter and a $60 Million Loss this quarter?

Or would you just lump the loss all in 1 quarter, explain it, and then move on?

So I think ACB's $160 Million Loss last quarter was the "clean up" quarter.

Now they can appear to be moving in the right direction with positive EBITDA next quarter.