RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:What does the Dwarf Say? Are people going to be going to sobeys to buy their weed? Or they going to go to the stores that the government of Alberta says are allowed to sell the product out of that Liquor Stores N.A will be opening? What does sobeys have to do with this? Do you think Aurora bought a stake in them to sell booze? And 15% of the sales of any one company will be able to distribute throughout the province, do you think Canopy and Aphria are going to use the stores that Aurora owns stake in to distribute their product? And what about using their cash on hand is "monopoly money"? And you're bringing up burn rate on a company that is in the middle of brand new industry? What's Canopy's burn rate? Aphria? Apparently, everybody from BMO to Constellation Brands were able to understand that these companies will be spending money at a higher rate in order to generate future cash flows. What's tesla's burn rate? Amazon's prior to them making money? What was Apple's burn rate in the 80's? Guys on this board that bring up irrelevant nonsense like P/E ratios and burn rates in fresh companies are a joke. If you think you'll be able to short stocks and make money in the long run, then it's you that should probably quit while you're ahead.
schocor wrote: Why did Aurora pay a 22% premium to liquor stores share price to buy in? Monopoly money. Were they surprised when Alberta said they could only convert 15 of them to MJ shops? Bad corporate strategy because they 1> Overpaid 2> Took a risk and are now in a business they never intended to be in (and those liquor stores in Alberta are a joke - everybody goes to Sobeys). What is the companies current burn rate on the cash and how do you think they are going to fill those empty greenhouses? If you don't; know what you are doing, don't invest in stocks. If aren't smart - but think you are - you are in a world of trouble here.