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Bullboard - Stock Discussion Forum 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 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 > Is it Time to Look at the Cannabis Industry Again?
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Post by schocor on Jun 30, 2022 1:11pm

Is it Time to Look at the Cannabis Industry Again?

Hard to believe that this ONE company was once valued at $25b isnt it ($510m today). Anyhow after a faew years of telling people I told them so, I wonder if it is time to look at this industry again. 

Ther have been write offs, writedowns, facilities closing and layoffs. The legal commericial product still stinks compared to illegal product grown by hobbiests. 

HOwever, if this thing is cash flow positive, it is worth considering as an investment. The quarter ending June will be ugly, but do you guys see the cash flow picture improving....or is this one circling the drain? 

Thansk
Comment by lovesawdust on Jul 01, 2022 6:25am
Personally I'd say it's circling the drain.  I'd say that until the government and business drop pre-employment and random drug testing for marijuana from their policies, massive use will never happen. Yes, many, many people us emarih=juana daily, but many, many people won't or don't work.  And pre-employment and random drug testing for marijuana should never be ...more  
Comment by bubba9 on Jul 01, 2022 10:01am
Inept management who are bleeding the company dry....The CDN industry sucks and this is one of the biggest suckors----
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