RE:RE:US strategy?I think you are underestimating the significance of AUSA. I am not saying it’s their sole entry into the US but it is going to be bigger then you are expecting. AUSA is constructing a up to 300,000 sqft ACB ALPS grow facility. With 50,000 sqft reserves for ACB hemp directly. Also Scott and Terry are tight and very closely aligned. They have discussed this on many occasions in interviews. There is a lot of ACB insiders that bought into the $2 raise that AUSA did as well. It’s quite obvious that AUSA is a sleeper right now with a very large amount of upside potential!
ACBMADEMERICH wrote: AUSA doesn’t really work for ACB shareholders re the US because they are separate companies. Yes Aurora has a back in tight to buy into AUSA but AUSA in reality is small potatoes. Yes AUSA is going to build a small Sky calss faciilty in Nevada, but don’t for a second think that Aurora’s US expansion plan is solely through AUSA. Remember Aurora made the deal with the UFC not AUSA. Aurora is responsible to the shareholders of Aurora not to the shareholders of AUSA. Aurora shareholders want Aurora to be present in the US when it is possible. Aurora will at sometime in the future absorb/takeover AUSA completely. AUSA is only an instrument for ACB for the time being.
JesseB wrote: My opinion is that AURORA's playbook (through AUSA) into the US is to build a sky class facility in Nevada to build up Brand recognition. Very heavy tourism in that state. With the way US is structured you would have to build facilities in every state you operate in. So they start in the state with high tourism to "begin national recognition"... thoughts?