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Bullboard - Stock Discussion Forum Aurora Cannabis Inc T.ACB

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

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 related products in Canada and internationally. The Company’s segments include Canadian Cannabis, European Cannabis and Plant Propagation. The Company's adult-use brand portfolio includes Aurora Drift, San Rafael '71, Daily... see more

TSX:ACB - Post Discussion

Aurora Cannabis Inc > Sad Story
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Post by Positivelive1 on Sep 22, 2021 8:04am

Sad Story

ACB is a very sad story that has been in the making for about 5 years! Their extreme high cost acquisitions, bloated shares,;rollback and on it goes!
I don't understand why anyone would invest in a sinking ship!
Comment by wheelsonthebuss on Sep 22, 2021 10:04am
agreed - Lets see the CLASS ACTION START asap ...... 
Comment by OhyayaOmgWTF on Sep 22, 2021 10:55am
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Comment by Joe455 on Sep 22, 2021 11:14am
Hard to understand how the share price is holding up after the law suits on the roundtrip sales fraud.
Comment by whateveryousay on Sep 22, 2021 12:03pm
The costs just eneded up being too high to grow indoors the energy costs for both heating and cooling are outrageous.It makes you wonder why all weed is just not grown in the tropics.You can grow in Thailand or Columbia for free  basically.You can compress bales of it and fit a massive amount in a shipping cotainer.
Comment by whateveryousay on Sep 22, 2021 12:09pm
Well we had BreX and Nortel once greed sets in we all want apiece of the action.It was hard to understaand why so many billions were spent on expansion and acquistion give the very low sales and massive stockpiles of unsold product.That is the problem when you have amateurs spearheading big new opportunities.The guys I know who have grown for 30 years were astounded to see the pathetic business ...more  
Comment by UniqueKitty on Sep 22, 2021 2:58pm
IMHO - The saddest thing is ACB's impact on the mj industry as a whole. Aurora was a darling of the industry. A shining example of the promise of a new era.  Now it's a beacon of distress standing as a warning against investment in mj  lest your hopes and dreams be shattered on the rocks of fiscal reality. As a flagship if a nascent industry, Aurora's hap-hazard and ...more  
Comment by whateveryousay on Sep 24, 2021 2:52pm
They all hugely miscalculated how much they could move and the black market has a lot of variety and a 50 year head start in distribution and sales.Lots of so called executives became millionaires "managing" companies with almost no sales and hundeds of millions in debt.I will miss the smell of a half million plants every time I go to the airport.The cost to heat light and cool these ...more  
Comment by rghalifax on Sep 22, 2021 2:01pm
Some have lost so much they refuse to sell and lock it in but it's better to have !% of your original than none...which is where these are are headed.The writing has been on the wall for a while,they're in a share issuing death spirial...get out while you can.GLTA
Comment by rghalifax on Sep 22, 2021 2:07pm
Why people are still buying it,I can't say...
Comment by CanadianKia on Sep 23, 2021 10:47am
im not a sharehold and just checking out this forum to see what everyones viewpoint on the company is and this is the question i am asking myself? Why is there confidence in the company and how is it up in trading? It seems the consensus is htat they didnt do well for the previous quarter and STILL going through their restructuring. On top of that they are now closing a facitlity in this whole ...more  
Comment by Ghostinthedark on Sep 23, 2021 12:11pm
People are daytrading the stock.  With earnings on Monday September  27, and Friday a sell day because daytraders close their positions, you typically see a lower share price by end of day. From my reaearch, ACB is likely to release disappointing earnings, which will triggwr a sell. I expect ACB to close much lower than yeaterday's low of $7.5.... After earnings are released.
Comment by lafong on Sep 23, 2021 12:12pm
The day is not over.
Comment by OhyayaOmgWTF on Sep 23, 2021 4:57pm
This post has been removed in accordance with Community Policy
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