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mr green239

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mr green239

Re: erpy post# 65037

Saturday, 04/11/2020 5:49:29 PM

Saturday, April 11, 2020 5:49:29 PM

Post# of 70338
Way overvalued. Assets cost billions - worth zero.

Toooo costly and inefficient to operate given future market conditions.

Check out one of the latest outdoor grow operations:
https://northernontario.ctvnews.ca/video?clipId=1693648&jwsource=cl

100 acres for 250,000 cannabis plants.

At a sale price of $5/g the field seen in the video has potential to do over $60M in revenue.

The field and assets seen in this video clearly cost nothing in comparison to Aurora's - but can potentially produce almost as much revenue as they do in a quarter.

Thousands more fields like this one to spring up all over Canada, US, and around the world over the next decades.

Margins are insane. Greed taking advantage of the price of an illegal product.

The PPG will collapse. Margins will follow.

Overvauled

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