Aurora Cannabis Inc (ACB)

[Chicago-Paul]

Walk into a large liquor store. Look at all the bottles of wine, beer, and spirits.

Isn't it amazing that almost all craft beer is selling for $9.99 a six-pack? The consumer has soooo many craft beer choices and there is craft beer everywhere these days.

With all of the craft beer (a perishable item) on the shelves and new breweries popping-up everyday - when is the price of beer going to be lowered? In fact, it seems like craft beer is increasing in price.

That said, cannabis will follow a similar pricing model as craft beer. $9-10/gram is the norm and I don't see the prices for top shelf bud (craft bud) going lower than that.

You might be able to get some Papst Blue Ribbon Beer for $5 a six-pack, but that is shitty beer. The same principles apply to cannabis.

You would think that America has enough beer breweries. I mean, isn't there too much BEER in the market? Is the oversupply of BEER driving the prices lower? The answer is no. Same with Cannabis.