Aurora Cannabis Inc (ACB)

[mr green239]

Perfect country/island showing how overvalued THC really is...

if all 500,000 population wanted to consume 1g/day worth of THC...
the islands total yearly consumption would be just under 200,000kg..

Can't one small company / greenhouse produce this much a year?
or just 200 outdoor acres at 1,000kg/acre?
aren't most still super profitable even if we dropped to $1/g??

as domestic production grows, and global prices decline, probably wont even
be worth it for many companies to ship it here - as such for the rest of Europe.

Prices declined 30% since CAD legalization, trend expected to continue much farther..
ACB market share and potential future revenue on the constant decline.
Overvalued