National Institute for Cannabis Investors Scam or Legit? Review

Aurora Cannabis has a conensus rating of Hold which is based on 1 buy ratings, 3 hold ratings and 0 sell ratings. Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers. Rival Tilray, once a big investor hope following the big-ticket acquisition of Aphria that closed last May, also has a lengthening net loss streak. View our full suite of financial calendars and market data tables, all for free. The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 8th 2022.

• Since then they have built, and are operating, numerous growing facilities throughout Canada, Europe, Asia, Latin America and Oceania.
• To calculate, start with total shares outstanding and subtract the number of restricted shares.
• Cumulative return is the aggregate amount that an investment has gained or lost over time.
• I started this site in 2015 after losing money to a bunch of online scams.
• Competitor Canopy Growth Corporation’s market value exceeded that amount by $3.7 billion, however after a partial takeover by Constellation Brands was announced in late August 2018.

As any economics textbook can tell you, commodity producers will not earn a return that is higher than their cost of capital. In fact, farms of sub-par efficiency will likely suffer from low margins, likewise return on capital and may very well go bankrupt. Aurora was founded in 2006 by Terry Booth, Steve Dobler, Dale Lesack and Chris Mayerson. Booth and Dobler collectively invested over $5 million of their own capital. The founding group secured a 160+ acre parcel of land in Mountain View County, Alberta, where they established Aurora’s first facility. The company received its license to grow cannabis in 2014, making it the first cannabis producer to obtain a federal license in that province.

EPS shows how much of the net profit is accounted for by the common share. Aurora Cannabis stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. Mjbizdaily.com needs to review the security of your connection before proceeding. I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

This is a decrease of -65% compared to the previous 30 days. Only 29 people have searched for ACB on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days. Aurora Cannabis has only been the subject of 4 research reports in the past 90 days.

Aurora Cannabis (ACB) Monthly Stock Prediction for 2023

Because of this, when you see our products they will offer you a range that the plant will be in, but not an exact number. THCTetrahydrocannabinol, commonly referred to as THC is the main psychoactive compound in cannabis. While typically consumed by smoking cannabis, it is also available in oils, edibles, tinctures, capsules and more. CBDCannabidiol, commonly referred to as CBD is found primarily in extractions from the hemp plant, and is often sold in gels, oils, supplements and extracts. CBD is a nonpsychoactive compound, and does not produce a ‘high’.Plant TypePlant Type refers to the strain of plant, which impacts how it will affect you. Cannabis that is refined from flower into a more purified and potent form.

Aurora Cannabis Inc. produces, distributes, and sells cannabis and cannabis derivative products in Canada and internationally. It also engages in facility engineering and design, cannabis breeding, research, production, derivatives, product development, wholesale, and retail distribution activities. The company produces various strains of dried cannabis, cannabis oil and capsules, and topical kits for medical patients. It also sells vaporizers; consumable vaporizer accessories; and herb mills for using CanniMed herbal cannabis products, as well as grinders and vaporizer lockable containers. Further, it provides patient counselling services; design and construction services; and cannabis analytical product testing services. The company’s brand portfolio includes Aurora, Aurora Drift, San Rafael ’71, Daily Special, AltaVie, MedReleaf, CanniMed, Whistler, Woodstock, and WMMC.

Aurora Cannabis Inc. said Thursday it agreed to acquire a controlling 50.1% interest in Bevo Agech Inc., the parent of Bevo Farms Ltd., operator of 63 acres of greenhouse facilities in British Columbia with revenue of C$3…

On January 10, 2017, Aurora received a license from Health Canada to sell cannabis oils, having been granted a license to produce the oils in February 2016. Sales liteforex review of four product lines of cannabis oils commenced in April, 2017. This is based on 4 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

So you can see how well their recommendations are going on a monthly basis, and keep track of your own stocks. The content relates to industry news, movements in the market and general content that cannabis enthusiasts and investors will find interesting. Naturally, you’ll also see pitches on joining the following ‘paid’ subscriptions within these daily newsletters. The way NICI works is by providing you with actionable insight into investing in the cannabis industry, through various ‘yearly newsletter subscription services’. It uses the current share price and divides it by the total earnings per share for the last 12 months. While there is capacity to come, Aurora’s current production and sales weren’t fully ramped up yet in the last quarter.

Analyst Rating Consensus

Each company has a web site that is chocked full of information to wade through. As I hinted at before, more deregulation can be seen as a threat because it leads to a more efficient market, which further drives prices down and puts pressure on almost every producer. If it is true, as some expect, that cannabis production in more countries will be legalized and international trade opens up further, this is a major threat to Aurora Cannabis. The fact is that hemp isn’t an extraordinarily hard crop to grow and it grows best in a warm and humid climate. This is fairly expensive versus the alternative of growing it in an open field in the Southern United States or Mexico. Regulation and licensing of producers works as a barrier of entry that helps all companies that already comply with regulation versus potential competition.

• This and other information can be found in the Fund’s summary or full prospectuses.
• Stocktwits.com needs to review the security of your connection before proceeding.
• Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.
• Our EU membership has always been used as an argument against legalization.
• Unsurprisingly, ACB also sees dried cannabis take the top spot in its sales mix.

THE STOCK NEVER WENT UP OR DOWN much and always hovered around 5.40 a share. I stupidly finally bought a lot and it promptly started to go down. I checked today to see if even that advice was correct and it finally went up to $1,71 in one day . Something seems fishy like one big scan I wish i’d never heard of. Thanks John Boehner ex- House leader for sucking us all in. NICI will bombard you with sales pitches to upgrade to another exclusive part of the service.

The highest, average, and lowest price target of all analysts. I don’t know if Aurora stock is necessarily going to crash in 2022. But given its current, highly unfavorable dynamics combined with the state of the pot industry in North America and abroad, I’d put my money on it continuing to head south rather than wafting higher in price. It’s telling that in its most recent quarterly earnings report, Aurora led off by touting its “transformation plan.” This is its ongoing effort to trim costs through measures like facility closures and worker layoffs. Its current aim is to reach positive adjusted earnings before interest, taxes, depreciation, and amortization by the first half of 2023.

Earnings and Valuation

It’s a risky market at this point and it could be awhile before these stocks start performing. The way I see it, cannabis stocks has bottomed out so bad there’s not much point in selling now lol. Might as well hold if you believe in the companies you’ve invested in, which I do. I have been an NICI member since October 2018, and having been an investor in the stock market for many years, I know for a fact , NICI does not control the market.

• Even in the Netherlands, there has been a constant internal discussion but also pressure from abroad to ban the sale of soft drugs.
• Aside from the long-term normalization that will inevitably happen, there can be short-term price fluctuations in commodity production.
• Don’t blame them for your shortcomings, you made the decision to drop thousands not them.
• Any other use, including for any commercial purposes, is strictly prohibited without our express prior written consent.
• Like I said before, there will be capacity rationalization and bankruptcies.

Upon cancelling a subscription there are no pro-rated refunds. I understand my credit card will be charged $7 today for 7 days of Platinum access. At the end of my 7 days, my credit card will be conveniently charged $397/quarterly until I cancel. “Aurora Cannabis is selling one of its biggest greenhouses to raise cash — and analysts are applauding”. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services.

Aurora acquired a stake in Alcanna Inc. in 2018, at one point owning 25% of the company. Canada legalized the retail sale of cannabis nationally on October 17, 2018. Due to its significant capital investments, particularly in large growing facilities, Aurora had about 20% of the Canadian retail market for cannabis during early 2019. Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.

Aurora Cannabis Stock Predictions

I started this site after losing money to a bunch of online scams in 2015. I wanted to help others avoid the same pitfalls and find legitimate methods for earning money and creating wealth through the internet. I’ve researched 100s of stock advisories since, and there’s still only one service I recommend.

I wrote this article myself, and it expresses my own opinions. I have no business relationship with any company whose stock is mentioned in this article. Like I stated before, there will be a shakeout and the management teams that come to terms with reality sooner than most and arena carbon core fx review those that are best at cost-cutting will win the long game. It seems like ACB doesn’t have any back-up plan if their current strategy fails. Most of the goodwill and intangibles stem from the acquisition of MedReleaf, a production company quite similar to Aurora in 2018.

Aurora Cannabis has 20.69% upside potential, based on the analysts’ average price target. According to analysts’ consensus price target of $3.96, Aurora Cannabis has a forecasted upside of 241.4% from its current price of $1.16. I just don’t think that generally declining cannabis stocks makes NICI itself a scam. And to be clear, when I say this, I am referring only to the basic NICI membership I bought, not the higher priced memberships.

Virtually nothing performs as suggested, I have many strongly recommended stocks and the vast majority have performed from badly to miserably. At this point, I don’t know how much longer I can stay invested at all in this woeful area. The National Institute for Cannabis Investors provides regular folks with lots of great information for zero cost, about investing in the rapidly expanding cannabis industry. As a Cannabis Venture Syndicate member, you receive 4-6 private investment deals within a 12 month period. And apparently, each deal has the potential to give you 1,000 – 100,000% returns.

Aurora Cannabis (ACB) Monthly Stock Prediction for 2026

Maybe they should show us their buys, on their trading accounts, one should just use funds they can lose, this pot stuff will go go when the feds step aside and it becomes legal. I’m in AZ it’s on the ballot this election for recreational use which has a good chance of passing, I bought call options on a lot of pot stocks ouch lol. Bought puts how do investments make money? on Aurora only bucks I’ve made so far, good luck. I dont think its a scam but every stock they recommended and i bought is way down. Its speculation money that i can afford to lose but it looks like it could take several years to get back to even. I invested in NICI a year ago and I have not made ONE DOLLAR off of any recommended investment.