Aurora Cannabis Inc (ACB)

[mr green239]

Its a plant.

The house plant industry is booming.

Thousands of companies grow and take care of house plants for years until ready for sale. A plant grown for 3 years could be sold for as little as $30.

Cannabis grows like a weed. Six months and a single plant could produce 200 grams valued at $1,000 at a price of $5/gram.

No wonder why so many companies are entering the cannabis industry.

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Costa Farms Cannabis
The final project will include a large cultivation complex containing about 130,000 square feet of canopy, distribution, manufacturing as well as a retail storefront with delivery. The project is expected to be complete by the end of 2021.
https://www.prnewswire.com/news-releases/newest-licensed-cannabis-dispensary-opens-in-antioch-ca-300979529.html


Quote:About Florida's Costa Farms
Through its businesses, Costa Farms generates about $500 million in revenue and sells approximately 150 million ornamental plants annually, in about 1,500 varieties.


Can you imagine if Costa Farms wanted to produce 150 million cannabis plants annually instead?!

150 million cannabis plants at 500g/plant is 75 million kilograms.

75 million kilograms is 227 grams for all 330 million Americans (0.62g/day, 1.5joints/day at 0.4g/joint).

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They say supply for all the demand in the world could be grown over the area of ten large US farms..

Oversupply occurrent. Overvalued.