Replies to post #63474 on Aurora Cannabis Inc (ACB)

[greendragon420]

Wow I missed this tid bit of info. Wonder who they will use as the next pawn for the pump? My guess is it will be announced right around the UN voting for rescheduling internationally, whether it be this month or 12 months away.

Where is Captain Insano and the whales?

[dtwiddle]

I think you have some hoops to jump through if you want to buy more than 9.999% of a publicly traded company

By the way, ACB is up 1.65% in Frankfurt....

[Chicago-Paul]

Exactly.

Plus, a "Massive Deal" would dilute existing Shareholders.

If some Big Company comes in and invests $2 Billion of Cash into ACB - they will probably want 51% of the Company in return. This means existing Shareholders will own 49%. That is dilution.

ACB's Management tried to start "at the top". However, great long-term businesses do not start-out big.

Instead, they usually start in someone's garage.

Apple - started in someone's garage.

Amazon - started with a $300K loan from Bezo's parents.

Good businesses start small, grow, and reinvest in themselves.

Bad Businesses try to start big and dilute their shareholders to maintain themselves from collapsing under their own weight.

Right now, there is some guy in Canada growing the best weed in the Country in his garage and all his neighbors want some - that is how a great Cannabis Company starts...