RE:RE:Jim Cramer's Mad Money - No Mention of Aurora Cannabis???55orbust wrote: Jim Cramer is not the clueless one. He understands it takes a lot of money to build a winner and Aurora has no money. Canopy with 4+billion #1 and Cronos with 2 Billion(I think) #2. It's all about the cash right now. Could also use shares to expand but Aurora has used that bullet already. You guys have no ammo left. Sad really, for a while there Aurora was looking pretty good.
Aurora will be cash flow positive this year, is the more international company while WEED is betting on the regulation on the FED level. How long will it take and this is why the Acreage deal is not finalised. Also Constellation will dictate the direction of WEED with this partial takeover. The medical will be the big money maker and Aurora is the best positionned in many countries. It will take a lot of time for people to get use to a beverage with THC. CBD wouldn't be a problem for a healthy product. Aurora will soon use its cash and is keeping a more wise direction instead of selling it to one big entity. The ammo will come from the profits made by Aurora and this will be this year.