RE:RE:Weed vs ACB55orbust wrote: The only reason you think canopy is struggling to rise up is because investors new to the industry flock to the low share price of Aurora because they get more shares for their dollar. Most retail investors don't understand market cap or outstanding shares, all they look at is share price and how many shares they can get. Let's say canopy has 350 million shares outstanding to keep it simple and let's say Aurora has 1 billion shares outstanding. In the year-end earnings report, if both companies were to report a 350 million dollar profit it would mean a $1 per share profit for canopy and a $0.35 per share profit for Aurora. On top of this what retail investors don't understand is that Aurora has very little cash for expansion and we'll have to do bought deals or acquire other companies using their shares which will further dilute the existing shareholders. Canopy on the other hand has roughly 5. Some-odd billion to acquire other companies and has no need to further dilute existing shareholders. Most retail investors also haven't been around long enough to know that Aurora has been overlooked by Molson Coors and now Altria. It's possible Aurora was overlooked by Coke and Pepsi as well but only time will tell. Good luck with your Investments.
dollars4us wrote: ACB has seen double digits percentage gains yesterday and today. I am invested primarilty in WEED but why does it struggle to climb back up.
Is it the actual high share price that is doing it?
55 showing his ignorance.... take a look at the performance of the stocks WITH strategic investments/partnerships already (HEXO, WEED, TLRY etc).. underperforming. Why? because YOU ITS HARDER BUY SOMETHING WHEN SOMEONE IS ALREADY THERE.
Buy the players who are most likely to get the strategic / new investor ... not the guys who already have a big out of industry partner.