Will AURORA CANNABIS Stock Go to $0? – Why $ACB is not a good investment

Cannabis stocks have taken off lately. Especially since the US election. This morning, I woke up to an article from the Motley Food that was titled: “Will Aurora Cannabis Stock Go To $0?”. I’ve been researching this sector for nearly 5 years now and ACB used to be a shining star. But in recent years, the company has been recording more and more losses. Layoffs, facility closures, and write-downs have plagued the company. With all this negativity, the stock still increases with the rest of the industry. Will it last? Or will numbers start to matter?

In this video, I explain why I think you should stay away from ACB and put your money elsewhere. There are plenty of other players in this space.

This is the first edition of my Friday videos where I dive into stocks, the economy, personal finance and more. Subscribe and turn on the notification bell to keep up to date with my future videos.

I’m always interested in hearing your thoughts as well. Leave your comments down below!

#investing #auroracannabis #acb

Investing in Aurora Cannabis
Investing in Aphria
Investing in Canopy Growth
Investing in Tilray
Investing in Cronos

#weedstocks #acb #georgia

DON’T FORGET TO SUBSCRIBE πŸ›ŽπŸ“ˆ

https://www.youtube.com/channel/UCnbaWbBw7kIzyvTZnqcDTIw?sub_confirmation=1

πŸ‘₯ Subscriber Count – 548

SOCIAL MEDIA πŸ‘‹πŸΌ
πŸ“Έ Instagram: @adampro111
πŸ¦† Twiter: @adampro11

πŸ”Š MUSIC:
🎧 Spotify: @vibitat
πŸ₯Š Workout Playlist Q1 2021 – https://open.spotify.com/playlist/6yHQeadn1N5rX79QAu3BUt?si=QnII-KchQw2R8RBsL3SShA
πŸ“€ Favourite Songs Q1 2021 – https://open.spotify.com/playlist/6jh0i6nguPuqocD9yF4jyV?si=r2sBRv_ZSPKs3dAu8owYUg

πŸŽ™Music Instagram: @vibitat – (Returning in 2021)

πŸ”Œ THE SOUND EFFECTS & MUSIC I USE FOR MY VIDEOS: https://www.epidemicsound.com/referral/q9lgcp/

⛔️DISCLAIMER – My content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you receive from my channel and wish to rely upon, whether for the purpose of making an investment decision or otherwise.

40 Comments

  1. J F Real Estate on October 12, 2023 at 8:25 am

    Well well it looks like investing in cannabis companies is not all sunshine and rainbows! I thought all these companies were supposed to take off and the multimillion dollar companies that are profitable and successful. Thank you for the breakdown never heard of this company before interesting to see how such a popular field can go so wrong



  2. Giggle Giggles on October 12, 2023 at 8:25 am

    How about the weekender. POT. Stock.



  3. Aga Ancheta on October 12, 2023 at 8:27 am

    Like



  4. Felipe Speaks on October 12, 2023 at 8:29 am

    Great video man! I invest in the Brazilian market and I’m considering investing in America as well. Great tips in your channel!



  5. Rae’s WAY Overdoing It on October 12, 2023 at 8:33 am

    Unique topic πŸ˜‚πŸ‘πŸΌ



  6. Anfernee McLemore on October 12, 2023 at 8:33 am

    Great update bro, I was wondering similar things when I heard the the cannabis decriminalization bill got passed in the house



  7. Purpose Driven on October 12, 2023 at 8:38 am

    Yes I think we’re headed to making it legal everywhere and you know the government needs to make their share of money from it. So I’m not at all surprised that the stocks are going up.



  8. Adam Proceviat on October 12, 2023 at 8:39 am

    Check out my full video on Aphria. They are the best performing cannabis company out there right now! Still undervalued.

    https://www.youtube.com/watch?v=FZbLbXFA8fo



  9. Deez Nutz on October 12, 2023 at 8:40 am

    Where’s Scam Battley?



  10. Ethan G on October 12, 2023 at 8:44 am

    Hell man, I work for Aurora cannabis. We just layed off 80% of the staff in the Sky Edmonton facility. We going down man πŸ™



  11. David Almeida on October 12, 2023 at 8:44 am

    Tilray is the way to go!



  12. Kirk M on October 12, 2023 at 8:45 am

    ACB will be at 100$ in a year from now.



  13. Raj Chukka on October 12, 2023 at 8:50 am

    I have owned ACB for sometime, it’s too unpredictable. It keeps fluctuating like bitcoin. So, I sold off. One less thing to worry about lol



  14. BE BETTER MOTIVATION on October 12, 2023 at 8:52 am

    It’s a Big market, will never die, i think



  15. Adam Proceviat on October 12, 2023 at 8:53 am

    Will ACB turn the ship around? Or do you like another producer better?



  16. J. R Ewing on October 12, 2023 at 8:56 am

    Are you a short seller? Or what is your problem exactly?



  17. Jessica Estrada on October 12, 2023 at 8:59 am

    Very interesting stuff! You know a lot and I trust your advice πŸ‘πŸ»πŸ‘πŸ»



  18. Toni Clair on October 12, 2023 at 8:59 am

    I’ve actually never thought about stocks in cannabis so found this really interesting! I’m curious to see what will happen.



  19. Fanatical Finance on October 12, 2023 at 9:01 am

    A very volatile stock! Great explanation, keep it up!



  20. C boy on October 12, 2023 at 9:02 am

    Great Content,
    Like that your opinion is based off facts and stats.



  21. The Coach In Your Corner on October 12, 2023 at 9:02 am

    It’s amazing what you express clearly is a foreign language to others. That’s the power of a creator such as yourself breaking it down for those of us who don’t get it or know. Thanks! Want to let you know you made the list! I highlighted your YouTube channel in my latest video.



  22. cosmo1kramer on October 12, 2023 at 9:05 am

    Can you do a video on Tilray



  23. Wolfgang Fischer on October 12, 2023 at 9:07 am

    Yes ACB started good and the strategies they were working were supposed to profit them in the near future. Love your videos.. still I lost quite a sum still buying these stocks . Is now a good time to buy? What platform would best be recommended?



  24. Wagner Saucedo on October 12, 2023 at 9:07 am

    Never really looked into ACB, but i don’t believe that it will completely go 0, given all the positive news we were given about cannabis! But we will have to wait and see! Great analysis Adam!



  25. Ricardo Pierre Louis on October 12, 2023 at 9:09 am

    I don’t know too much about this topic but I appreciate you for bringing this information to us! Have a great weekend bro!



  26. The Financial Minute on October 12, 2023 at 9:10 am

    New subscriber! Cool take on the Aurora! Will stay clear. Hit the Like button. πŸ‘



  27. Mike Wang Coaching on October 12, 2023 at 9:11 am

    Thanks for the insights! I’ve never heard of Aurora before. But cannabis isn’t really an industry I’ve prioritized in my portfolio. It’ll be interesting to see how the industry takes form as more regulations solidify.



  28. The Financial Minute on October 12, 2023 at 9:12 am

    You are a new face! πŸ‘



  29. Ragnar Bluechip on October 12, 2023 at 9:14 am

    I was unfortunate to have bought in 2019. Down more than 2000 bucks or 90%. Worst investment ever



  30. Kiana Arabpour on October 12, 2023 at 9:15 am

    I made some money. I am selling tomorrow.



  31. Vlog wit Gudiya on October 12, 2023 at 9:16 am

    66like and sabscrib πŸ™ thanks



  32. Jashim Jalal on October 12, 2023 at 9:17 am

    Nice work on this Adam. I’ve been keeping a finger on the pulse with Cannabis stocks and I agree with you here. Aurora has been treading water with their losses and cutbacks. Seems like they’re preparing for a big move (aka buyout). Great insights! I’m all about stock talks on friday! Good move.



  33. Urme1975 Cary on October 12, 2023 at 9:17 am

    more reason to buy now! Buy cheap. The shares will probably blow up in 2 to 3 years



  34. ian stewart on October 12, 2023 at 9:18 am

    So sick of hearing about companies going to zero I was recently invested in OXY heard same crap it went from 9 to almost 22 in 2 weeks even hertz was supposed to go bankrupt amc same it’s all bs it’s a way to get you to sell your shares to the big boys wake up folk’s



  35. Case Alcala on October 12, 2023 at 9:19 am

    Amazing analysis to get me up to speed. That’s so funny and amazing you’re covering this, some of my tiny portfolio is ACB, but I’m gambling whatever I still have in there because I entered so high, back in 2019 lol. Awesome video brother, my personal researcher! πŸ˜‚



  36. Uchiha4u on October 12, 2023 at 9:19 am

    Tilray is going to surpass ACB and become the best cannabis company from Canada because they’re going to be the world’s supplier, not just the EU’s and Canada’s.



  37. Urmi's Lifestyle on October 12, 2023 at 9:19 am

    Good job
    Stay tuned please



  38. Markus on October 12, 2023 at 9:21 am

    I bought Aurora, a Cannabis Index, Christina Lake Cannabis. For me its a long term invest. Hard times but i bought cheap. There will be a turn arround but it might takes weeks and months. I dont bother :). I had my blockchain shares over 2 years and well.. Riot and Marathon (Mara) made great profits lately… and the future for Cannabis is there. The companies must get profitable again.. too much cash burning here. I will watch the new quaterly infos very carefully 2021. Greets from Austria. I subbed bro



  39. Alex Peroff - Investing Essentially on October 12, 2023 at 9:21 am

    Great video Adam. I do like the change to a Friday stock video…although I do like the vlog style video, this is a solid stock analysis video. I don’t follow cannabis and I know there is temptation of massive gains from small companies, but when the company is just trying to acquire other companies and not focus on their own business, that hits me as a bad sign. As you said, there is a lot of politics that can affect the cannabis industry, but their might be better companies than Aurora.

    Now…you made a really interesting point at the end, where another company might decide to buy out aurora. That usually provides an opportunity for an investor who already owns them. However, it’s fairly risky and buying failing businesses isn’t such a good idea. But maybe you can make a speculative purchase. Either way, I’m more of a long term investor, so I’ll probably be staying away from Aurora. Like-20



  40. Kiara Hargrove on October 12, 2023 at 9:22 am

    Great informative video! πŸ’―