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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (173502)6/21/2021 9:36:26 PM
From: Julius Wong  Respond to of 218929
 
Tailwinds to boost Canadian cannabis companies in coming months - Cantor

Jun. 21, 2021 1:50 PM ETACB, CNBS... By: Jonathan M Block, SA News Editor 12 Comments

thamyrissalgueiro/iStock via Getty Images

Store re-openings after lockdowns and the need to rebuild inventories are among the tailwinds that will benefit Canadian cannabis names in the coming months, according to Cantor Fitzgerald.

Last week, the firm hosted a conference with the CEOs of 14 Canadian cannabis producers. Analyst Pablo Zuanic says favorable regulatory changes are possible at the regional and federal level, and he sees further industry consolidation, which could result in better economics.

He is keeping his ratings and estimates on companies unchanged.

Zuanic adds that momentum for multi-state operators in the US has largely ended due to a "Sen. Schumer bill overhang" based on the timing of the legislation and a lack of regulatory clarity.

Canadian cannabis names in afternoon trading: Tilray (NASDAQ: TLRY) +3.4%; Aurora Cannabis (NASDAQ: ACB) +2.6%; Sundial Growers (NASDAQ: SNDL) -1%; Cronos (NASDAQ: CRON) +2.5%; and HEXO (NYSE: HEXO) +2.5%.



To: TobagoJack who wrote (173502)6/22/2021 11:13:18 AM
From: Lazarus1 Recommendation

Recommended By
Julius Wong

  Read Replies (2) | Respond to of 218929
 
Please, my friend, read over ABTI 's last financial statement.

Going Concern Uncertainty

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in note 7 to the financial statements, the Company has negative working capital of $323,221, has incurred losses since inception of $1,221,788, and has not received any revenues These factors create an uncertainty as to the Company’s ability to continue as a going concern. Management’s plans in regard to these matters are also described in note 7. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.


THE COMPANY HAS ZERO REVENUES!

NOTE THAT THEY HAVE NO WORKING CAPITAL AND THE ONLY ASSET THEY HAVE IS MONEY HELD IN AN ATTORNEY TRUST ACCOUNT.











ADD TO THAT THEY HAVE OVER 3/4 OF BILLION SHARES OUTSTANDING WITH A MARKET CAP OF 1.5 BILLION. THERE IS REALLY NO KIND WAY FOR ME TO SAY THIS --- BUT ABTI IS A BLOATED PIG PROPPED ON PROMISES.


________________________________________________________

Please do yourself and your readers a favor --- take a look at RKDA

The company has ~ 50 million in cash, very little debt, and recently made significant asset purchases and over $800k in revenues that last quarter it reported. Read their latest filing here.

Check out their profile -- low OS and market cap

(You can thank me later)