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Aurora Cannabis Inc T.ACB

Alternate Symbol(s):  T.ACB.WS.U | ACB

Aurora Cannabis Inc. is a Canada-based medical cannabis company. The Company’s principal business lines are focused on the production, distribution and sale of cannabis and cannabis-derivative products in Canada and internationally, and the propagation of vegetables and ornamental plants in North America. Its segments include Canadian Cannabis and Plant Propagation. The Company's adult-use brand portfolio includes Drift, San Rafael '71, Daily Special, Tasty's, Being and Greybeard. Its medical cannabis brands include MedReleaf, CanniMed, Aurora and Whistler Medical Marijuana Co, as well as international brands, Pedanios, Bidiol, IndiMed and CraftPlant. It also has a controlling interest in Bevo Farms Ltd., North America's supplier of propagated vegetables and ornamental plants in North America. Its subsidiaries include Aurora Cannabis Enterprises Inc., Aurora Deutschland GmbH, TerraFarma Inc., Whistler Medical Marijuana Corporation, and Indica Industries Pty Ltd., among others.


TSX:ACB - Post by User

Bullboard Posts
Comment by saveyourselfnowon Jul 31, 2018 10:56am
78 Views
Post# 28391170

RE:are we going to get to 6$

RE:are we going to get to 6$
luckytrader2 wrote:


Lucky if you are in deep, that is a legitimate question.

There is nothing you can do now if you are in deep.

$6, 5$, $4 will no longer make a difference short to mid term.

You may need to just sock your position away, learn from the experience and hope the return to a profitable position  will be exponentaily achieved time-wise as the end of 2018 is really, really close when you put into perspective that the MJ industry is, still, in its infancy.

You will eventually return to a profitable position.  If the postition is held via margin and/or credit line, you probably in even very damaging dire straits as you have to add those payments against your return.

example :

Loan to finance purchase = $250 per month.
Losses monthly                  =  thousands per month

Total service, thousands + $250 and your debt grows like a dividend exceopt it is a reverse dividend - it costs YOU money just to hold the postion.

Money Pit
Bullboard Posts