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Re: jp68 post# 24

Monday, 08/29/2016 10:55:00 PM

Monday, August 29, 2016 10:55:00 PM

Post# of 70331
As an attendee of the Cannabis conference track last week at the SF Money Show,
I was favorably impressed by Aurora Senior VP Cam Battley's presentation.

So I did very quick analysis similar to yours, after Battley said the medical grade stuff
sold for $8 a gram to most patients and $5 for "low income" patients.

For wondering how much their production estimates might match demand, I found the
state government report for Colorado, also a legalized region, somewhat useful:

https://www.colorado.gov/pacific/sites/default/files/Market%20Size%20and%20Demand%20Study,%20July%209,%202014%5B1%5D.pdf

After legalization, Colorado's demand is pegged at 150 metric tons per annum or so.
Scaling to Canada, other things being roughly equal, this data is a hint that Aurora is looking to
supply a significant percentage of Canada's market.
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