Replies to post #41637 on Aurora Cannabis Inc (ACB)

[olgil]

Aurora's revenue and main focus is medical. Rec weed is just a bonus for them to offload what is not supplying the medical market. I think you're in trouble and you know it.

[Kflawn]

Hmm

[mr green239]

Brightfield Group's latest report estimates Canada’s adult-use cannabis market will be worth $5 billion by 2021. This is much lower than earlier estimates.

brightfieldgroup.com/datalanding/canadian-cannabis-users-recreational-market-2019

$5B?
Total supply would be 1,000,000kg at a low price of $5/g.

I can name two producers alone who plan on producing well over 500,000kg/year by 2021. Hundreds of licensed producers. There will be thousands more by 2021.
Oversupply is inevitable...

Aurora's market cap is greater than $5B!
Overvalued...