RE:RE:RE:RE:RE:RE:RE:RE:RE:Regardless of the reportIt's worse, I think it's 25% layoffs. Some 500 jobs are going out the door at ACB. There are also rumours of the government maybe stepping in to bail them out, which isn't going to be good for them. Out of the original 5 LP's, Fowler was the only CEO to step down with some dignity... #RespectThePlant > Hands in the cookie jar, mouldy schwag weed, massive dilution, incompetent forward looking business plans... Just sayin ;)
OptGreen wrote: Agreed Vulc, there is a lot of pain yet to come for many in the sector and FIRE isn't one of them....CEO Booth just stepped down at ACB and they halted trading earlier with news of 10% of staff to be laid off. All of this is going to add fuel to FIRE SP as they start to deliver on targets set, JMHO...Opt
https://www.marketwatch.com/story/aurora-cannabis-stock-slides-on-report-of-plans-to-cut-10-of-workforce-2020-02-06?mod=mw_quote_news
Vulcan wrote:
well one quick note trst sits at almost 3 times our price.. they are loosing a fortune each day.. under suspension.. broke the law.. cant grow crop.. ..then you have other lps laying off people.. stoping construction on projects.. they have gone too far in the wrong direction..and know it.. we are far ahead of most . And soon to show profits.. yes its obvious many new business spend more than they make until they establish themselves.. this is a new business like all mj lps a new entire industry.. we are in much better shape then most.. but have been manipulated far more than most.. perhaps thats because we will be in or at the top of the pack in time.. mm see a lot of value here.. note.. brent name me one company that has shown profit without major investment being spent.. you think microsoft.. apple google.. ford.. Hershey.. delivered the goods out of the gate.. jmho.. sorry if i cant chat too clearly hear.. im dealing with a family emerg.. . Medical.. cheers talk another day