ACB

Russticale

Taking a stab at the canadian names (SNDL and ACB) for a swing trade. Looks like it's ready for the a move up, while MSOS can settle. US earnings were mixed but mostly decent, I'll be suprised (happily) if we keep MSOS in $2.70's this week and next.

unclegbov

ACB has Australia for quality medical 👌 

GuyOnTheCouch420

Long term for sure. Over the last year feels like ACB and Cron have definitely turned things around and are very different than TLRY and CGC

4Inv2est0

When are the earnings for ACB, TLRY, WEED, and CRON?

4Inv2est0

What's going on with OGI? Earnings on Monday morning. Looks like Australia is starting to get saturated with cannabis imports. Seems to be lots of Canadian LPs racing to export their product. Cronos, ACB, Canopy, MediPharm, TLRY, etc etc. Medical markets can only support so many imports before they cut it off and that will be very negative for companies with limited Canadian recreational cannabis market presence - like ACB and LABS.

Gloomy_MTTime420

You sir, are correct about $HITI possible being the only one left that may have solid growth potential longer term. I think $ACB is the only other one that has long term potential. And damn, I did forget I have like 485.5K shares of the OTC stock $CBDD, so that goes to show I should probably just enjoy the MJ and not invest in the stocks ;)

the_bueg

It's a little easier in my case, because I'm already 100% out of securities. Even ones I had an emotional attachment to low ACB with. I learned in the dot-com bust that companies can fail (shock), even big ones. Even if they don't fail outright, their stock can become essentially worthless. What I do struggle with this though, is crypto. The truly decentralized ones can't really "fail" or go to zero - which is why I'm not out. Plus my ACB is generally much lower as a %, than my securities were. For example I have a rediculously low average cost basis in BTC and ETH. But it would still probably make sense for me to ease out of much or most of it soon, even with the CGT then buy back when it plummets in price in the coming months/years. Assuming that happens. The weird thing is, the only thing causing indecision is how irrational the market is being, and how blase everyone seems with authoritarianism. Hell Bitcoins back near ATH. Insanity.

the_bueg

You know what's hard about this? And something I struggle with often - sometimes just psycholigically. Depending on your tax situation, it's quite possible you could sell those shares now (or ease out) - then after what is almost certainly going to be a pretty substantial recession/depression, wait it out until all indicators point to solid recovery, the market starts going back up - then average back into even more shares. You could wind up with substantially more shares than you started. Assuming it more than covers the capital gains taxes and all works out, the only thing you'd lose is the ability to say your ACB is $6/share. If the market doesn't crash, you'de be out the taxes + the delta between when you got out and back in. The taxes would probably dwarf the rest. So you'd have to ask yourself (as I often do): Am I certain enough the economy is going to crash - with enough certainty and magnitude to make up the taxes I'd owe in either scenario? So far, my answer every time has been, "no". Especially in recessions past. But I'm actually getting closer and closer to "yes" for a couple of things. We are in historically unprecedented times. This could be far worse than the great depression. "Could be" is carrying a lot of weight. My own basic excel modeling isn't sophisticated enough to factor in the time value of money along with a % confidence factor in branching scenarios, tax implications, etc. I'm sure the big institusional boys are all over that. You may or may not have ridden out the '08 recession at that price. But have ridden out a couple of others. But this could be one like no other. *Could*.

That_anonymous_guy18

Yeah I realized, I can’t stomach the leveraged instruments drops. I spent more than 50% of my net worth on NVDL, I will probably average down a bit more maybe spend another 10k to bring ACB to $42 or something. After that I want to recover and pro that money in voo

the_bueg

If this comment were visible higher it would have comments 30 miles long, all with wildly different answers. ;-) None of them necessarily wrong. I'm prepped in ALL the ways, including zombie apocalypse. But nothing over-the-top. A long, long time ago I was a 2A conservative type, and and was blasted with fearmongering propaganda 24/7. Even back then. I lived in constant fear. No amount of guns, ammo, body armor, or home security could make me feel "safe". I distrusted "others". I literally got sick of living in fear. It was too stressful, and I could tell was actually making me stupider. I found it hard to perform well doing my big-brain job. (Programming at the time.) So I sold most of my guns and gear, *decided* to not live in fear or make any decision whatsoever based on fear, and even expanded my circle of compassion through sheer force of will. (That was the year I was no longer a political conservative. Had already dropped religion a few years earlier, after reading and carefully studying the actual bible, three translations. Who can believe that bonkers nonsense if they actually read it.) So now, I'm just "mildly" prepared. I look at it this way: - I don't want to be a burden on first responders if there is a natural disaster in my region, if me or my family is not actually seriously injured. (And I'm a part-time volunteer first-responder for the county myself.) That means having enough food and clean water to ride it out, and to generate your own food and water if it goes further than that. We can also last indefinitely off the electric grid, if we turn the AC and heater down. - I want to be able to protect my family from, say, random brownshirt thugs who might have been given a "green light" by some random Trump remark, to go house-to-house smoking libs. I'm not delusional enough to think I could go up against a well-organized militia squad, just maybe - if I'm lucky - some ragtag small group of drunk homicidal misfits. For protection against anything larger than that, will require organizing at the neighborhood level. (And possibly eventually it might come down to demanding that our conservative neighbors politely leave, now, if they haven't done so already.) - Financially, I do well in volatility on the weekly level, regardless of whether it's generally going up or down. It's what I do for a living. On a macroeconomic scale, I've also done well in crashes/recessions - ever since the dot-com bubble bust absolutely, catastrophically wrecked me and decided I needed to get smarter. That doesn't mean past performance will predict success in this case - all bets are off. But, I've already eased out of all my long positions (except some crypto which I have rediculously low ACB on). And am into more "recession-friendly" positions like gold ETF. (Personally I would never own physical gold. If shit gets so bad that I need to stuff 500 lsb worth of supernova metal into a backpack - then *screw that*. We'll just live off the land.)

phatbob198

>Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), the Canadian-based leading global medical cannabis company, announces the completion of a multi-year investment of $3 million in improvements to its manufacturing facility in Pemberton, British Columbia. These upgrades are a combination of Aurora's proprietary high-performing genetics and state-of-the-art engineering design which have resulted in optimal cultivation conditions, expanded output, and superior product quality. The site has been renamed to Aurora Alpine – a testament to the site reaching its highest potential and to reflect the facility overlooking Mount Currie in the Pemberton Valley. >"Over the last three years, the investments we've made into this facility have resulted in doubling the yield and potency, reaching a record 33.7%," says Alex Miller, Executive Vice President of Operations and Supply Chain at Aurora. "The name Aurora Alpine reflects our commitment to achieving the highest degree of excellence at a site that's driven by industry leading genetic technology, and backed by a world-class team that make it all possible." >The former Whistler Medical Marijuana Company site was licensed in 2019 and was built on a legacy of producing award-winning cannabis. The GACP certified facility enables Aurora to expand its global reach by exporting premium medical cannabis produced from the Aurora Alpine site internationally...

cannabull1055

Please explain to me how schedule 3 and SAFE banking affects the growth of ACB. The answer is it does not at all.

Fergizzo

I feel like ACB could be a play for someone who DOESN'T care about sched 3 or safe banking. If they have another good quarterly I would take a serious look at them. But I wouldn't be investing in them to ride a hype train, more along the lines of maybe being one of (the only one??) Profitable LP's

Orennji

Trigger warning: bear thesis ahead. I'm cautiously lumping the current ACB hype along with the likes of the previous Marimed and Grown Rogue pumps. It's irresistible for weedstocks investors to fall in love with what seems like a truly differentiated company compares to the average performance in this sector. But what we always see after an unusually good quarter or a brief first mover advantage in an untapped high-margin market segment is reversion to the mean.

cannabull1055

Neither of those things affect ACB's business AT ALL. There may be a bull run in weed in which ACB will participate in but they don't help their business.

unclegbov

ACB - medical giant looking PRIMED.  Company fully turned around since Miguel took over as CEO.  Can't wait to see the Financials in June.  Add in schedule 3 or safe banking and boom shakalaka!

unclegbov

Hopium is on the rise like a hot air balloon on a windy day #ACB

One-Yard9754

I’d rather put it in Greenthumb or ACB or Trulieve. If the sector rallied they all will go up, if it doesn’t at least with the first two is you’re almost certain they’ll be around in a few years (doubtful with Verano).

ZPMQ38A

Honestly. I thought this was all a grift from Trump but…at this point, I actually think he believes what he is saying. I honestly don’t think he’s actively trying to con anyone; he seriously lacks the intelligence to understand the ramifications of his actions. He possesses the mental acuity of a 10-12 year old boy. The major problem this go round is that he has completely surrounded himself with enablers that are encouraging his behavior and telling him “good job.” Regardless of what I believe about their politics, I had hoped that Tulsi and Rubio could function as the adults in the room but they have 100% sold out and you can see in their actions that they know it. Tulsis last statements before Congress were very telling that she knows she’s sold her soul. Rubio legitimately physically ill every time he speaks as the propaganda comes out of his mouth. It’s insane to think that the future of the Republic may hang on a few SC justices like ACB and Kavanaugh but I believe that’s how far down the hole we are. He’s going to find a way to sack Powell and I think we might be looking at a sub 25k DOW. I think sub 30k is nearly guaranteed. The wild thing is that we are currently down 10%+ YTD and the effects of the policies really haven’t even hit yet. Once the actual purchasing class feels the hits, that’s when we go off the cliff. Just wait until a lot of the boomers log into their 401ks and start pulling money out in a panic. A run on the banks is not an unrealistic event at this point.

Angus-420

I know doomposting 24/7 is the new normal in every investing related sub, but let’s take a step back. The republicans have won the recent battle but they’re losing the war, hard. Republican policy is always rather unpopular, and republicans candidates very rarely win the popular vote. Death grips of a party as big and wealthy as the gop will be powerful. The desperate attempt to grab every bit of power they can muster during trumps two terms, overriding precedent and unspoken agreement between democrats and republicans, such as when ACB was appointed, increasiny relying on voter suppression and gerrymandering, etc… collectively show that they recognize they cannot continue to win elections fairly. They are dying.

GeoLogic23

Reverse splits did nothing to these companies. Their financials and their debt "consumed" them. ACB reverse split years ago and kept declining. Because their financials and debt were awful. ACB reverse split again in February of 2024. They have consistently traded above that level for over a year, because their financials and debt had gotten significantly better (still not amazing). Auxly doesn't need to reverse split because they aren't on the NASDAQ. That's the only reason to do it. It's nothing but a cosmetic change.

itnor

Look, I generally agree with you. But I also think his abject stupidity increases the possibility that he hires someone who he thinks will submit to him but doesn’t once in office. Like, I imagine he’s pretty shocked that ACB on SCOTUS doesn’t just green light everything he does. Part of that is that his justice picks were done by the Federalist Society. The other part, however, is him not understanding the nature of these jobs.

Ok-King-4868

Trump could appoint John Roberts. John is a tried and true Yes Man. And it’s not like John can do much more fixing for Trump over there. So hear me out. John issues a ruling giving Trump complete unchecked control over the Federal Reserve and then takes the job as Chairman of the Fed. He tips Alito, Thomas, Gorsuch and either Kavanaugh or ACB for their Assents, cause that’s legal now. John pulls levers for Don at the Fed. That’s a Win-Win, right?

averysmallbeing

I bought around delta 0.8 and then sold my first CCs high enough in strike to cover the initial cost if exercised and then I've just been rolling them from there to bring down my ACB on the position. I've also been closing them on major corrections downward and then reopening them on pumps, for a little extra return. 

TreeEven2890

Simple question simple answer for you OP, I like this play and did the same thing. Nothing fancy, but bought a few SPY May16 450P's that help me sleep better at night. When it swings to a profit I dump a few, and when it's red I sometimes add a couple to lower my ACB. I will either close this position in a few weeks or roll it out depending on volatility

One-Yard9754

I’ve been burned on straight calls on MSOS already too many times. You’d be better off taking that money, putting it into ACB or SNDL and writing calls further out. Get paid to assume risk and make a nice gain if the stock rallies hard and you get exercised.

Double_Dousche89

You’re telling me that ACB is a conservative judge?

CoffeeMoney4Stocks

I mean, they already gave him immunity pretty much for anything, but I’m hoping they would care a little bit about the constitution and the separation of powers. ACB seems to be a constitutionalist, so maybe there is some hope.

George_w_kush93

ACB might actually be a legitimate conservative. She wouldn’t let that fly. Fed independence is legitimately paramount to the value of the US dollar.

qchisq

Watch him using this to fire ACB

volckerwasright

Don’t let him faze you, he’s pumping things too. But ACB instead of MSOS

One-Yard9754

So yesterday I bought ATKR, as I like the stock and it was really beaten up. I’ve been following it closely along with a bunch of others I’ve been thinking of starting positions in, some of them completely reversed (amd, micron, dell, etc) and it just goes to show you how much better these stocks are to invest in. I won’t dump my shares because I still like GTI, ACB a lot (especially as I write calls for more income) and to a lesser extent Trulieve but fuck this sector and adding any more capital. The markets will continue to be rocky as long as lunatics trump is around and I’ll building positions in those stocks instead….

forrestpen

No. The Supreme Court ruled the president has immunity for official actions BUT the SC decides whether whatever action is official. Technically, they could bring the hammer on him if something was too egrigious and its very possible given ACB.

unclegbov

Thank you for these cheap ACB shares.  You idiots lol

Russticale

Yeah sharing sympathy with IWM again as we should.  And very nice to see the US MsOs detach from its canadian counter part. Poor tilray, compared to how SNDL, ACB, and HITI are looning these days.  Tilray just couldnt turn it around.  Downvotes welcomed.

Apprehensive-Sky-248

currently iwm is +1.5%ish pre market w tlry +7% that’s enough of a positive reprieve from normal price action to boost some of the other usual suspects ACB 2.5%ish & CGC 4.5% the last real positive oversized earnings move on a pot stock was ACB back in early february where it traded about 100% higher from low to high over 2/3 days before retracing the entirety of the move & back filling its gap up yesterday .. that move barely got MSOS going today pot bulls would like to see the entire sector feed off tlry’s earnings & stay bid all day.. that would be a welcomed change of character

feisbeegolfer27

So what you are saying is that you dont want actual advice you just want us to listen? Because actual advice is keep investing. Even in small amount invest until it hits the bottom. Invest if it drops below the bottom. What if you dont? Nothing happens. Whether it takes 1 day, 1 mknth, 1 year, 1 decade, its going back to the value it dropped from, or it's going to collapse entirely. The collapse is probably not going to happen, which is why everybody says keep investing. This isn't PG&E, it's not GE, it's not ACB, it's literally the entire economy. Those stocks dropped, one came back up and is doing great, one is still going through it's stuff, and the other is just poor decisions and they overproduction a product and other companies started also producing said product. But none of them failed either. There is potential for turnaround. But they could fail. But investing in the should only happen when it goes back up, because it's not based on the entire economy.

Many_Easy

I have a few shares of ACB that I’ll hold indefinitely. Green Thumb looking undervalued.

GeoLogic23

I have an investment in ACB. That doesn't mean i will pretend like they aren't affected by this global trade war. Everyone will be affected.

One-Yard9754

Well the usual suspects, I really like GTI and ACB but my point is, these investments get less and less attractive as some really good companies selloff. I mean Micron in the low 60s? If Tech and AI keep crumbling, it’s tough for me to add more to Cannabis…..

Godobibo

it feels crazy to say considering what everyone thought of her being sworn in but ACB ironically gives me a bit of faith in the courts. she's dissented in part a few times I think she should have fully dissented but at the end of the day she would have still been in the minority in those cases so I can understand her for wanting to save face. outside of those however I think she's ruled alright enough and has been reasonable in her opinions.

skinniks

He still owns 900 million-ish shares (not dollars - shares!) and his ACB is <$50ish (at least based on one source I found).

Fresh-Supermarket-44

This means an even more source of income for Aurora (ACB), which is one of the largest exporters to the Czech Republic.

KAESLAX

Now that all of the MSOs have reported their year-end financials, here's an updated version of my spreadsheet for FY2024-2025. Those of you who have been around for awhile may recall that I only track companies with market caps >US$100M, but I've revised that down a bit to \~US$70M due to everything being down so much in the past year. As always, these are aggregated numbers - if you need exact numbers for anything you're still better off getting them from the individual companies. Feel free to bookmark the link - I'll update things in a couple months once CGC and ACB report their year-end numbers.

One-Yard9754

downvote away! If you want to bury your head in the sand on a terrible investment, be my guest! At least with some of the good LPs, ACB and good MSOS like GTI, you aren't chasing yield on a terrible reit with a business model that's damned if you do, damned if you don't.

SuzyCreamcheezies

I am *hoping* for some positive momentum this quarter. 1. Sales in Canada seem to have rebounded the last few months. 2. ACB posted some good international results, so that may bode well for Tilray. 3. Further to the above, Tilray states they are planting at capacity for their Canadian grow-ops which points towards an uptick in demand. 4. It was mentioned in the AMA that we should start to see revenue from hemp drinks this quarter. 5. They also seem to be expanding on some of their non-cannabis brands, but that is not likely to be reflected in these earnings. However, I believe this is a weak time of year for alcohol sales. Also, the Canadian dollar is relatively weak at the moment, which will mean less impact to the bottom line overall (at least for their Canadian segment). We shall see. I've been let down before!

Machdonkey

ACB already in Australia

sergiu00003

Ok... I think we have different goals in what we want to see. I think you need a simple metric that shows a comparison between all, a way to sort between them. I want to see which one has the highest chances to be successful and the fastest to get to success, so I am looking from a different angle. That's because if I know which one has the highest chance to be successful, I can then use other metrics like market cap to revenue or book value to identify how undervalued are and which one has the chance for biggest return. In this regards I went deep into Tilray, ACB and CGC and SNDL. And my conclusion is that EBITDA does not match reality. For example, last TLRY report does look very bad, with a big loss, but when you look deep into SEC report to understand the loss, half of it was a foreign exchange loss, those tend to cancel themselves over the year. Then ACB last report was extremely good... but if you look closely, there is a note saying that basically they included "unrealized gains". It's physically not possible in a company to increase the revenue by a few million and switch from a loss to a massive win. Here for example EBITDA is just bullshit in regards to what I really want to see. As for Wallstreet, they use EBITDA as an excuse for market manipulation. It's not used honestly. In a honest market, fundamentals would matter and you would never see a stock trading at discount value against it's liquidation value when it is not in financial distress. If you look now at the cannabis sector, most are under book value, even those that are far from financial distress. Even Chronos. Now it's traded at 680M, yet it has close to 0 debt and 850M cash on hand. And when it comes to financial distress, Tilray is 2 years ahead assuming 0 growth and no dilution or taking further debt. But if my analysis is right, they will produce cash again in Q4 2025, then consistently from Q2 2026. Which means they will never reach a financial distress point. For me, identifying if a company can reach financial distress is more important as individual investor and EBITDA does not tell me anything in this regard. But as I said, we have different goals in what we look to see.

One-Yard9754

I’ve been saying for a long time the first Pharma rent default months back was just the tip of the iceberg. All those guys talking about how IIPR and NLCP had good coverage ratios, but blindly ignoring the risks of their tenants. I would not touch any of these reits, expect them to continue to selloff. Maybe there’s value in the preferred or the bonds, but personally I would rather buy ACB stock and write options against it then buy a security in one of these risky reits.

One-Yard9754

There are lots of companies with clean balance sheets in this sector; ACB, Cron, Sundial, etc. I think we need to have more of an investing theme than 'just being' debt free, as the entire industry suffers price compression - declining margins, sales, etc. It would be different if we on the other trajectory of the growth curve, but sadly this industry is contracting.

mfairview

For long term holders, a reminder that a r/s doesn't help them. ACB's turn around story looks terrible for those getting in too early (see 3 and 5yr returns) https://finance.yahoo.com/quote/ACB/

Machdonkey

ACB long term relationships in France. Expect YOY German type growth.

Machdonkey

ACB picking up a large slice. Expect higher free cash flow.

Galego_nativo

Hola, si te gusta el baloncesto, te invito a echarle un vistazo a este subreddit (y a unirte a nosotros y participar en los debates si te gustare el contenido): https://www.reddit.com/r/NBAenEspanol/ Esta es una comunidad de habla hispana para conversar sobre baloncesto en esta plataforma. Como su nombre indica, principalmente se cubre la NBA; pero también se habla un poco de las demás competiciones (ACB, Euroliga, partidos de las selecciones...). Si tuvieres alguna duda, puedes contactar con algunos de los foreros de la comunidad. También tenemos una página de presentaciones, en la que cada uno cuenta un poco su historia siguiendo este deporte: https://www.reddit.com/r/NBAenEspanol/comments/1h21n31/dinos_tu_equipo_o_jugador_favorito_presentaciones/

modder9

How is this a good play for Dems? They do everything they can to hug and kiss republicans and favor “decorum” when republicans spend years fucking then over and playing dirty. Kamala campaigned with LIZ FUCKING CHENEY. 6-3 court cause “can’t confirm a justice in an election year” then turn around and confirm a justice in an election year (ACB)

Galego_nativo

Hola, si te gusta el baloncesto, te invito a echarle un vistazo a este subreddit (y a unirte a nosotros y participar en los debates si te gustare el contenido): https://www.reddit.com/r/NBAenEspanol/ Esta es una comunidad de habla hispana para conversar sobre baloncesto en esta plataforma. Como su nombre indica, principalmente se cubre la NBA; pero también se habla un poco de las demás competiciones (ACB, Euroliga, partidos de las selecciones...). Si tuvieres alguna duda, puedes contactar con algunos de los foreros de la comunidad. También tenemos una página de presentaciones, en la que cada uno cuenta un poco su historia siguiendo este deporte: https://www.reddit.com/r/NBAenEspanol/comments/1h21n31/dinos_tu_equipo_o_jugador_favorito_presentaciones/

NaiveDirector2068

Sure. Just ask those holding ACB and WEED with ridiculous averages how great those reverse splits are.

Twist_of_Fate_44

You are blind to the truth here and arguing the wrong and different point, so fixiated on your opinion I doubt that you are even reading what others are writing What everyone is arguing is that a reverse split almost always has a negative affect on the share price post consolidation. It's simple investor psychology 101 Just because ACB bounced back from the one RS you're claiming that sets a precedence. It doesn't, they got lucky ONCE. What happened all the other times to them when they consolidated? The share price almost ALWAYS drops post-consolidation, which in turn drops MV of the company too. It's very simple to understand, not sure why you're always so stubborn with this.

RandomGenerator_1

2020 they already splitted. And then again 2024. And they are no where near the price it once was. They really did a number on "original" investors. Of which I was one. And most companies do not reach their pre-level split price. Quite the contrary, negative momentum and shorts get an even stronger hold..and then they have to do another split... just like what happened with ACB, and many others. It's the whole reason there are new reverse split rules by nasdaq. Because it is inherent weakness of the company, which they should attempt to fix another way instead of eroding shareholders.

RandomGenerator_1

But ACB is not even remotely close to its pre-split price. And it won't get there any time soon. That's the point.

GeoLogic23

ACB is a perfect recent example. For the past year they have traded significantly above the price where they last reverse split. This sector is pretty much exclusively companies that are losing lots of money and have lots of debt. Whether or not a reverse split happened, those companies wouldn't continued their downwards trajectory.

FoodCooker62

Relatively strong report. Still strong profitability in cannabis and the intention to quintuple cannabis production in Netherlands from 2500 kg to 12500 by Q4 2025 is obviously exciting. As the prime low-cost producer of cannabis they are in a strong position to leverage the growing market for international cannabis sales. Produce also showed a rightsizing of the ship but this was impacted by a one-off favorable settlement and fluctuates heavily from quarter to quarter. Weak points include the "non-cash, non-flower writedown" of $10M USD (what could this possibly be?) and the steady trend of assets declining faster than liabilities. The market is desperately looking for positive EPS (see $ACB's movement) and does not look under the hood of an earnings report to see what the moving parts are.  I will note however that they are in a strong liquidity position, with current assets covering 90% of total liabilities.  Solid report, this is more of a continuation of the previous trend. No reason to change my position. If the price declines for whatever reason I will buy. 

Fresh-Supermarket-44

ACB has had its problems with debts which are now unfortunately paid off via R/S. But Aurora tackled the problem several years ago and is now out of it. So now Aurora Cannabis is debt-free with money in the bank and profitable and growing. Several other companies have large debts and need to address them immediately. Aurora did the right thing by focusing on medical cannabis where there are much better margins.

Fergizzo

Anyone have any bearish outlook on ACB they can share with me? I looked at their latest earnings and it actually seemed decent (comparing to other LP's at least). With how uncertain things are looking for the mso's and legislation, I feel like ACB might be a decent play since they do alot of med weed and in other countries too.

gettingitdone72

Whatever helps you sleep at night. Imagine saying the same thing holding ACB and WEED lol

AnInsultToFire

If your brokerage doesn't do it for you then you keep track in Excel. Buys, sells, ACB changes.

4Inv2est0

How is ACB doing these days? I don't check weedstocks much right now.

Logical_driver_42

I’m 25 so I got a little more time in the market than you so I’ll give you two pieces of advice 1 all of this is long term anyway so just keep adding on by the time we’re 65 it’ll either be worth 10-100x or we’re in for bigger problems globally. 2 invest a good portion in etfs and some non standard investment I have a .5% allocation to sqqq which helps me out on days that are really bad. And gives you something to sell if you need quick money on a downturn. Also staying very diversified I like O and ET and Plug and LEG and ACB that’s just the tip of the iceberg too I try not to let any stock grow to more than 5% my portfolio so if they crash you don’t take a massive hit.

Danyzinho29

No it’s not. I am loosing a lot of money with $ACB

Muchruckus

Dude ACB all time high (post reverse splits) is around $1500. I’m talking about the company getting back to what it originally listed at in 2014 at $70 upon its trading debut. It’s under $5 today. Every investor for nearly the past decade is underwater on their initial investment of ACB.

GeoLogic23

Literally ACB? I currently have a $3.20 average on them because I went in hard when they dropped after their last reverse split. Everyone was like "oh just ACB things" but they had just paid off the last of their cannabis debt and their financials had improved significantly by that time.

GeoLogic23

Nobody is discussing whether ACB can reach its all time high. That is a distraction from the actual points i made that were directly answering their questions. They ignored the fact that ACB is up significantly from it's last split, and maintained those levels for quite a while now. Doesn't fit the narrative, so let's just ignore that.

Muchruckus

If you bought ACB upon its initial listing you would have paid $70 a share in today’s price. ACB is under $5 now. 99.9% of companies that reverse split stay as failure companies and never recover. You really think ACB will get back to $70?

GeoLogic23

Are you looking for cannabis stocks? There are plenty of examples of regular stocks, including one of the most famous ones ([Priceline](https://www.foxbusiness.com/markets/priceline-reverse-split-the-biggest-stock-comeback-ever)). *"Since then, Priceline Group has been a nearly unparalleled success story. From its post-split level of around $22 per share, Priceline stock now fetches more than $1,400 per share."* Cannabis companies are **all losing massive amounts of money**. There really aren't many companies with even decent financials in this entire industry. So people are saying reverse splits are the reasons these cannabis companies are doing bad, but it's purely about their financials. Reverse splits may happen, but their stock price is declining due to financials. Most would continue to decrease whether or not they reverse split, **because their financials are bad.** **ACB is also up significantly from its last reverse split** lol idk what you're even talking about. They dropped down into the high $2 range, and are now trading at $5. OGI also reverse split and then immediately got a major investment by BAT and went from $1 to the high $2 range.

Muchruckus

Please provide evidence of any stock that has undergone a reverse split AND returned to and maintained its previous level of value after the split. It’s definitely not ACB or CGC.

TomorrowLow5092

Whoa folks, lets hear more about shrinking value from an expert. If you invested $10,000 in ACB March 6, 2020. Guess how much you would have left in your account today? $445 and change.

TomorrowLow5092

ACB is so bad, when the CEO gave stock certificates at Christmas to the employees. They were left in the lunchroom for the cleaning staff to throw away. If CEO Martin thought much of his company he would spend part of his annual $4 million salary on shares. Reverse splits are murder.

FoodCooker62

The low float is the result of no less than two reverse stock splits. I am skeptical of the constant pumping you do for ACB.

YouAreCorrectSirYes

Keep putting money in every month so if it does dip you are lowering your ACB.

No_Aerie_2717

ACB

One-Yard9754

Turdaleaf has never put out a decent quarter. Someone below mentioned the LP of the MSOs, couldn't be more bang on. Expansion, dilution, overleverage, poor operating metrics, etc. etc. I can't remember who it was on Rena S's podcast, but two well known guys were talking about Curaleaf's earnings and how Boris in so many words was giving away hints on the future price compression, declining margins. They've put themselves into a big hole, and unlike some other companies like ACB that have worked to stop the bleeding and get to profitability, they haven't figured it out yet meanwhile the debt keeps mounting and shareholder equity dilutes further with increased share count. I haven't invested in Curaleaf in nearly 4 years when I cut the cord in 2021 (along with Cresco) to focus on the better operators. It's not too late for investors to get out of the losers of this sector: Curaleaf, Verano, AYR and put that into the winners - Greenthumb, Hiti, ACB, Trulieve. It's just like any growth sector, identify the early leaders and follow them closely do you want to own Apple in 2009 or Motorola/Blackberry?

o0Frost0o

I'm in CGC and ACB

GeoLogic23

I actually documented my Stem Holdings play in [real time](https://www.reddit.com/r/weedstocks/comments/1agyliw/comment/kolcwr1/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button) and then said how I got out with a [huge gain](https://www.reddit.com/r/weedstocks/comments/1alqo3y/comment/kphodsn/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button). This was just with no options, just shares, because this sketchy company did a 100:1 reverse split without filing the paperwork. I described my entire trade [in detail here](https://www.reddit.com/r/weedstocks/comments/1eomtbw/comment/lhfuf53/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button). Note that I am clear that trying to do stuff like this with penny stocks is extremely risky. I'm not saying to trade every reverse split. I'm saying if you realize that there are actually some decent companies that need to reverse split, they can be extremely good trade opportunities. With ACB, I was not saying I would buy them after their first reverse split, when they still held massive debt and stuff. However right before their last reverse split they had just finished paying off their debt and were looking a lot better. I went in hard after their reverse split and have a low $3 average. Similar play with OGI, where everybody here was saying reverse splits are guaranteed to destroy a company. I pointed out the flaw in this logic and the fact that OGI's financials were solid, and I went ahead and went heavy into OGI in the low $1 range right before BAT invested more into them.

TUPAC_SHAPURRRRR

A few hundred into 15k? Nah, no way. What year and how many trades did you have to make? I’m assuming you’re doing an option trade. I can guarantee if you’ve been ballsy enough to go in on options on an ACB reverse split option trade than you’ve lost more in your trading history that you’ve gained. No shame, I’m not mad at you, but those companies have lost 98% of their value since 2016-2018. So you’re great at catching the knife?

GuyOnTheCouch420

Interest income is real for Cron lol. ACB had bullshit non-cash items but also had actually positive results. Cron, ACB, VFF, OGI (unless they do more dumb shit like motif) all seem investable now. Maybe SNDL but so many moving parts it’s hard to track and scared of their US holdings given the market. I think all the above LPs trade at a discount because ppl just watch CGc and TLrY and assume the rest are the same

4Inv2est0

What non-cash line item got ACB financials looking so strong? Seems like you might be wrong on this one

tpat36

Dumpster fire, yes but they didn’t really have another choice. They can’t declare bankruptcy. Realistically if they shut down everything except the profitable operations, they could have a halfway decent business by 2027. Still totally agree, super dilutive move but this is pressing the reset button. Itl take many moons to pay off debt and their share count will be crazy but hey at least they are giving it the ole college try. Reminds me a lot of ACB but people are now starting to “like” them again for whatever reason..

FoodCooker62

Cronos about to join ACB by posting supposedly strong net income positive results solely on the back of a non-cash accounting line item 

GeoLogic23

You are doing the correlation causation fallacy... Every company that fails will reverse split. Not every company that reverse splits will fail. I made good money from trading reverse split dips on ACB, OGI, Hydrofarm, and others. I literally turned a few hundred dollars into like $15k by taking advantage of reverse split shenanigans with Stem Holdings. OGI isn't going anywhere. They reverse split right before BAT took a larger investment in them. Idk how you can say that reverse splits are financially meaningless, but also signal the end lol and you have the nerve to say i have a lack of experience. **And AGAIN i am not promoting Tilray. I am simply correcting reverse split misinformation just like i do with every single company where a reverse split is discussed**

Mathewdm423

I turned $3k into $19k in a year when Canadian legalization happened 2016/17 in Medreleaf. I cashed out $10k to buy a house. So changed my life. I did however notice that I owned a aphira, then ACB, then Tilray, then a new charles shwab account losing TD ameritrade.....and in December recently closed my position of Tilray I never bought at $900, or a -$8,100 return over 6 years of set and forget. I needed the $900...but lemme tell ya even a couple grand woulda made Dec/Jan this year much easier. But hey I'm the idiot who got the "forever home" in 2021 at an affordable $2,400/m total living expenses only to sigh in frustration at the current $3,300/m living expenses 3 years later. But we all got 26% raises this year right?

GirlGenius26

Welcome back! Yup, this sub-Reddit is mostly for weed investors now. Thanks for dropping back in. I highly recommend looking into TLRY and ACB as well as SNDL and HITI

Antique-Flight-5358

Reverse split...stick will be back to $8 like ACB and WEED

unclegbov

Another win in ACB corner 

Danyzinho29

I thougt the same with $ACB years ago. Since then, I’ve lost more than 78%

Neel_Crashkari

####Drinking a CELH, smoking ACB rn

Twist_of_Fate_44

Right, and ACB is just notorious for having a lot of 'unexpected' situations come up I guess One decent 'on-paper' quarter where they fudged the numbers and you guys are suddenly acting like they are a top tier, even respectable Canadian company! lol Rest assured, ACB will teach you the truly inexperienced ones are here. See you when they drop the money raise, I'll bring you a crow ..

Bubbatino

Don’t need to cope when your ACB is $21

Twist_of_Fate_44

Of course I understand how these works, far from a noob son!! lol I'm not implying that it's happening, just posting that it's been put out there and the effect it 'could' have Given ACB's history though and the ride down from an ATH equating to close $2000 CAD, you'd be have to be blind to not expect it at some point. They certainly didn't build up this company by not diluting, and funny they did it more than ANY other cannabis company out there? Expect the unexpected .. or was it expected?!?

Twist_of_Fate_44

And with a current MC of ~450m (and dropping), adding $250m worth of shares could easily add upwards of 60% more shares to the float. Depending on the price of any/all offerings, could be in the neighborhood +30m shares plus warrants Hmmm, I guess a fresh batch of ACB.wts would be nice. A bunch soon expiring worthless .. Aurora Cannabis Equity Warrants Exp 31st May 2025

Twist_of_Fate_44

You all new this coming from ACB, setting up the ATM. With the SP up, soon time to raise some money .. ps .. and for those that are going to defend them, fool me once applies as always. This is classic ACB here, dilute the shareholders https://www.sec.gov/Archives/edgar/data/1683541/000119312525027228/d850789df10.htm This short form base shelf prospectus (the “Prospectus”) relates to the offering for sale of common shares (the “Common Shares”), warrants (the “Warrants”), options (the “Options”), subscription receipts (the “Subscription Receipts”), debt securities (the “Debt Securities”), or any combination of such securities (the “Units”) (all of the foregoing, collectively, the “Securities”) by Aurora Cannabis Inc. (the “Company” or “Aurora”) from time to time, during the 25-month period that the Prospectus, including any amendments hereto, remains effective, in one or more series or issuances, with a total offering price of the Securities in the aggregate, of up to U.S.$250,000,000.