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Aurora Cannabis Inc. (ACB)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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419,227 reactions on $ACB conversation
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From the report:
- #1 Canadian LP in Global Medical Cannabis; Total Medical Cannabis Net Revenue Rose 9% Compared to Prior Year; Strong Adjusted Gross Margin before FVA of 68%
- Business Transformation Plan on Track; Reiterates Annual Cost Savings of $60 Million to $80 Million, Providing Clear Pathway to Adjusted EBITDA Profitability
- Balance Sheet Remains Strong with $440.9 Million of Cash at June 30, 2021; Working Capital Improves by $404.3 Million Compared to Prior Year
- Adjusted EBITDA Loss, Excluding Restructuring Costs, Narrows to $13.9 Million, a $17.6 Million Improvement Compared to Prior Year
- Total Cannabis Net Revenue, Net of Provisions, of $54.8 Million Compared to $55.2 Million in the Prior Quarter, and $67.5 Million in the Year-Ago Period
Still not profitable. That’s why red. Recreational revenue down considerably. I think they should evolve as a medical producer and look for big Pharma partner. recreational is losing ground
10 days until TLRY ER. Big bull. Weed companies end of year always double or triple
Does acb announce a blockbuster partnership tonight ? Or so they report yet again horse
Poo earnings? Acb needs to focus on big pharma / medical , leggoooooo
So, how does it feel, to do fundamental analysis, math calculations, read ER/Financial statements and still be WRONG about ACB? huh? How is this possible?
Balance Sheet Remains Strong with $440.9 Million of Cash at June 30, 2021; Working Capital Improves by $404.3 Million Compared to Prior Year
Last quarter I wrote ACB would have to drop 65% of its business in order to survive. They were heavily into the discount product line. They were literally paying the customers to consume each gram. They did navigate away from that product line. They did improve the medical revenues. I am not saying buy ACB. But, they did one thing they sought to do.
I bought ACB, CGC, and TLRY this morning.
..spectacular how the shorts got wiped out in 1.. single day.
That's what you shorts deserve.. 😈.. revenge is sweet.
It took a whole month for the price to drop to the $5 area.. and in 1.. single.. day.. the price went back to $7.
Up 8 % today, so far.
Wow, I am very surprised to see Green? All MJ sector is green, hoping tonight announcement will be good...
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Why Sundial, Tilray, Canopy Growth, and Aurora Cannabis Stocks Are Glowing Green Today
Marijuana legalization legislation advances in the House this week.
This will close minimum 10% up, it’s all about management commentary. Productivity saving look great from recent synergies. They have provided guidance for EBITDA positive and saving of $60-$70 millions. That’s all matters with improved margins rate. GL see you all tomorrow.
Double whammy cometh.........
As a long nothing surprises me with this one so I look forward to whatever the news is this afternoon. Got my bottle of vodka, Tums, and San Rafael ready this evening. 🍻 longs
Hanni I am Harry's older brother, how are them PUTS wirkin for ya NOW!!!
Great news. Looks like it has leaked. Consolidation partnership bigger company market share
Aurora has a licence for Germany. Extremely positive
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