Aurora Cannabis' Michael Singer on earnings and vaping
Aurora Cannabis' Michael Singer on earnings and vaping
Aurora Cannabis executive chairman Michael Singer joins “Squawk on the Street” to discuss the company’s earnings as well as potential vaping bans.
Nelson peltz my but
perfect time for big companies to buy out the sector. aurora could need a strong partner aside them.
Ppl are stupid. Its going to be like alcohol and tobacco. Look how well they are doing… Long term game , but focus on other stocks weed will always make money if its good quality. They also did a partnership deal with the UFC on the low to use CBD on the fighters !!!
So many millenials who "invested" in this crappy sector are under water. These CEO’s need to focus on profitability ASAP, no growth in Canada. Growth will come when US legalizes.
"Let me take a step back". That’s a line used by executives to not address a valid question.
He knows his market and answers well. He knows his stuff. I’d be piss too if I bought at the top and see this happen! Just like what I have with CGC. Holding $100k @51/share. In time cannabis will be successful. If not… well just need to keep working on my day job. Life goes on.
This stock is 30% down since this interview about a month ago. What happened to this stock? Who has been holding this dog? Those inexperienced millennials?
This bottleNeck problem in the whole canabis market will ruin the prices and slow down the growth of revenue for the next months. This will furher be some very sad and bl00dy months for canabis-stockowners. But also it will kiII of the weakest companies, what is good for the biggest and strongest of them.
I think Aurora is one on of the winner in the end, but I would also bet that they will pump out more shares for financing. The good News for Auroras Shareholders is indeed that they paused the construction of further production facilities. This saved expanses will lower the risk, or at least the amount, of further delution.
I am curious how high or low the revenue of the next quarter is. In my opinion it should be at least 100 mio CAD. Everthing under ~ 80 mio. CAD would be really bad…
Invest in your own garden and get returns. Don’t depend on someone else’s. These people use machine trimmers instead of humans making it commercial garbage. This company has no love for the plant, it’s driven by greed. I’d never buy a gram from them.
Buy this stock at $2.50 in November 2019 & sell it for $12.50 all time highs in the next 12-24 months. ACB IS #1 & IS TOO BIG TO FAIL
All these new companies know nothing about weed. Ever since the legalization of it the quality in Los Angeles has gone to shit.
Anyone know why the actual CEO never goes on these interviews? I would like to see some accountability! The entire management team should be ashamed of themselves for continuously misleading markets and repeatedly diluting shareholder value. BRUTAL investment!!
High growth stocks like this are a roller coaster and trade mostly on emotions. The question is; is the marijuana industry still on the free fall or is bottoming out yet?
Man I bought these at 10 a share smh😓
also watch for Isodiol international as even though its super low it has massive product launch in USA which provides lots of different types of products. the analysts have estimated its price to be 6-8$ by 2023
I haven’t seen a deal in the stock market like this since TSLA was trading at $33/share
Health Canada will screw up cannabis 2.0 as well. Do they not realize how much economic spinoff that will come from this industry. It is all ready saving small towns all over the country. Come on health canada get your shit together!
FYI who ever plays cannabis stocks such as Aurora and Canopy Growth: Canada construction works union has made a deal to give $2000 cannabis allowance to every worker. this is a fact that u can only find on their website and i found out from by friends who are getting free weed. so if ur playing then don’t be scared as the giants are making us scarred to sell so they can buy super low
Still the best long term bet on cannabis products, in my view. What do you guys think?
FYI who ever plays cannabis stocks such as Aurora and Canopy Growth: Canada construction works union has made a deal to give $2000 cannabis allowance to every worker. this is a fact that u can only find on their website and i found out from by friends who are getting free weed. so if ur playing then don’t be scared as the giants are making us scarred to sell so they can buy super low
The most unconvincing spokesperson there is…… oh, hang on, I forgot that fuckwit Cam Battley.
You are doing a great job. Aurora shows clear financial improvement.
He looks like he doesn’t even believe what he’s saying
Stop taking raises when losing stock owners money.
This singer guy is a clown and just repeats the same BS over and over. Everything is a great question lol guys a clown and acb and the pot sector is done for!
Scam Batley for President of SCAMADA….Thanks guys glad your so proud.
Hey micheal..call reagan bradley..women who weed..she’ll help you turn this boat around..
Shorted this stock at $9.00 lmao
Now there are 2 options, 1000%+ long term or only 100% loss, I rather risc some money and if it’s only some hundreds 👌
You have done a great job, Mr. Singer.
how come the local pot dealer doesn’t charge a tax?
He seams extremely scared. Nervous and I cannot see any confidence in this video,. shame, embarrassment, disappointment and simply put this is what happens when you let a sober person make decisions.
The industry is just crawling. A lot how the alcohol/tobacco industry progressed. It is a long road but it is coming. 2.0 will be better than 1.0.
Aurora stock heading to 2 usd
relax guys. anyone panic is a short term investor. we all know long term ACB will make us rich. especially considering they havent stroke a deal yet
Please add “pink kush”, “holy grail kush”, “lemon kush” and “bubba kush” to the AURORA grows, not enough piney kush strains on the market right now
Number one in what? Lies…
Yeah cookies will save you. What a joke.
Clearly this company sells the best quality pot, the management are smashed on it.
How about one vertical. Try that first.
All lies and promises that they never ever follow through on. Go back three years they are saying the exact same bull. Pump and dump is all these guys do. 100 % crooks
Shelf life on existing inventory???
This Company is going down. This Exec. is shitting his pants.
"Great question…." The drinking game
Far better Canadian and American MJ stocks that are cashflow positive and growing. I’d suggest putting these profitable and cashflow positive companies on your watch list.
Canadian: Delta 9 Cannabis (DN.TO), The Valens Company (VLNS.TO), OrganiGram Holdings (OGI.TO) and Hexo Corp (HEXO.TO).
American: Cresco Labs Inc (CL.CN), Chronos Group Inc (CRON.TO), Green Thumb Industries Inc (GTII.TO)
I’ve put ticker endings in CAD since I am Canadian but you will find them on American Exchanges as well. Let’s enjoy the growth and development on both sides of the border over the next 1-3 years especially!
time to raid ACB head quarters guys and burn it down. and take what we can. as investor we should be able to take all there weed and sell it yourself. if i see this guy in real life im gonna punch him in the face
This is why Proper Regulation is An essential part of Buisness.
We need Watchdogs.
We’re so screwed… can’t do nothing but hold 🙁