InvestorsHub Logo
Followers 15
Posts 1631
Boards Moderated 0
Alias Born 04/28/2017

Re: bigmoneyyyyyyyyy post# 38283

Saturday, 12/29/2018 6:03:21 PM

Saturday, December 29, 2018 6:03:21 PM

Post# of 70350
The idea is...

With wholesale prices provided by Aurora revenue is in the multi-billions.

With wholesale prices seen across the US revenue is hundreds of millions.

With projected wholesale prices of the future... revenue is in the millions.

Factor in cost of production, distribution, and sale...
Figures can put Aurora deep in the red.

Now we have Aurora Cannabis with a $7B market cap that only profits millions annually or takes a loss.

The present will be strong for Aurora profit wise.
The near-future.. will be competitive.

---

If you want to think of cannabis as a global commodity... think about what the scale of production would look like as a commodity.

Commodity crops cover billions of acres around the world.

Just 1 million acres of cannabis... that's over 50grams/year for all 7B on earth.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ACB News