Aurora Cannabis Inc (ACB)

[mr green239]

400 billion cups of coffee are consumed around the world every year.

The annual demand for THC would be 4,000,000 kilograms, if every single cup of coffee consumed was infused with a THC serving of 10 milligrams.

Picture the 450 million cups of coffee consumed in the United States every day infused with THC.. Can you imagine what people would be like?

The cannabis for extracting the 4,000,000 kilograms of THC could be grown outdoors over a dozen large farms spread across Canada.

The Canadian industry is growing exponentially in terms of annual production capacities.

How much THC is in Canada?

~295,000 kilograms according to the latest data:
- 197,000 kilograms of THC, cannabis extracts 1: 2019-09 - 196,852L @ average unit concentration of 1mg per ml.
- 78,000 kilograms of THC, dried cannabis 2: 2019-11 - 598,554kg @ average THC concentration of 10% per gram.
- 20,000 kilograms of THC, latest cannabis plant data 3: 2019-09 - 4,944,695 plants @ average 40g/plant @ average THC concentration of 10% per gram.

Still a little ways from the 4,000,000kg equivalent..

Licensed outdoor acreage (450 acres a/o 2019-11) will expand fast.. The latest indoor construction area (4.4M sqm) is four times greater than the current total growing area (1.4M sqm) 4.

Oversupply is current.

Lots of competitors.

Highly profitable.

Sales prices will fall.

Deadly for players in the industry with high costs of production, overhead, and debt.

Profitable and prosperous for others.