Replies to post #43537 on Aurora Cannabis Inc (ACB)

[Chicago-Paul]

I agree. I still have a good long position in ACB.

However, as I have stated in my other posts, I do not currently see a catalyst to take us to the next level.

Right now, all of the Big Deals (Coke, etc) are all 100% speculation. No one really knows if any deal will happen or not.

Also, Aurora is planning on growing A LOT of Cannabis. It seems like Aurora keeps on increasing their growing capacity. This can be seen as a good thing by some investors.

However, there is going to reach a point where the Canadian Cannabis Market is going to be in oversupply.

Cannabis is not like a fine bottle of wine where you can put it on a shelf and it is good 10 years later. Instead, Cannabis is PERISHABLE (like beer).

So Aurora and the other large growers need to continually "turn" their inventory.

With only 20 million people living in Canada - they will all need to be smoking a ton of weed to just keep up with Aurora's production plans.