Cannabis Strategic Ventures (NUGS)

[Occasian]

The thing is, across the entire sector, institutional investors are hesitant due to the not so great forum on CBD the other day.

It isnt hard to notice a company like NUGS once we actually output 54.4k kg (120k lbs) per annum. However for reference,
Canopy Growth output: 400-500k kg
Aurora output: 430k kg
Aphria: 230k kg
MedReleaf: 140k kg
Organigram: 113k kg

Problem will be oversupply if the markets dont take to all the production. In that case the price per pound could drop to sub 1k usd in the next 2-4 years as well in the US