RE:Some news on the German marketWhy would you think APH is Canopy's closest competitor? I'm pretty sure Aurora ACB has 1.3 million square feet grow space to be completed by fall 2017. They are going to be the largest producer by square footage.
YodaLayhehoo wrote:
https://www.thelocal.de/20170303/doctors-rejoice-as-germany-kicks-off-medical-marijuana-prescriptions
The German government also announced yesterday that they hope to have production starting in 2019 so we have 2 years of imports which is not a bad thing as we build our facilities there. Canopy needs to get on with expansion, although I believe they have and we just haven't heard about it. We know they planned to double in size by mid 2017 from previous news releases they already have 700,000 sq feet of production space compare that to APH'S current 100,000 sq feet our closest competition ? Not even in the same ball park.
APH : 100,000 SQ FEET, 1 sort of brand, 125 million outstanding shares
WEED: 700,000 SQ FEET, 3 brands, 159 million outstanding shares