RE:RE:RE:RE:RE:Aurora Cannabis: Overvalued + A Misleading Management Team =There all in cost could be a penny. You still need a sales license. Don't ever post again donkey. You don't know anything about this industry
TITOOO wrote: I don't see any of Canada MJ players giving long-term value to shareholders. Their costs are all based on gold rush model ~$2000+ lb long term retail pricing, which I see as completely unsustainable. I'm looking at companies who have already proven they can make money in real agriculture that plan to move into cannabis. One is Village Farms, a big climate controlled greenhouse grower of hydroponic tomatoes. They already have over 200 producing acres of producing greenhouses in Canada, superior technology to the canna specific companies, & they already make money. I'm not sure where they stand on licensing but they've mentioned targeting Canadian cannabis in 2017. I estimate their all in costs switching to cannabis under .50 per gram, including G&A, with no need for expansion because they already own all the infrastructure. Plain and simple, isn't it?