Aurora Cannabis Inc (ACB)

[Rowdy2]

Oh yeah? I'm not sure why they would think that as any potential upside from this stock is greatly hampered by the now more than 1 Billion shares outstanding

I see people keep talking about ACB revenue...well the last quartely earnings reports released by Canopy was $83M in revenue...ACBs was what $53M? Aphria will be releasing it's quarterly results on Monday and Bloomberg is predicting $83M in revenue...so these 2 other companies are reporting as much revenue or more than ACB and have a quarter of the share count. So you see how that's an issue for the price per share? (Not to mentioned APHA has much better margins than ACB since it has lower production costs).

People keep talking about ACBs production capacity...but once the LPs are able to fully supply the Canadian market, people will choose their products based on cost or quality, and ACB is not a leader in any of those domains. So you can produce all the product you want, but if people aren't buying it, it won't matter.