RE: high valuationsI see a lot of bashers putting a large emphasis on the current high valuations. They are correct. They fail to address the fact that the market is forward looking. Let's use a conservative revenue of 750 million assuming now all 3 facilities are firing on all cylinders. As per forward looking P/E ratios the market isn't really sure what it's going to look like yet especially with rec marijuana use coming online. Eventually once the industry gets efficient costs will get pushed down tremendously. Until that time let's say Aurora's net profit is 10% or 75 million. In terms of EPS that works out to 25 cents a share annually. Conservatively let's say Aurora trades as low as a 20 times earnings ratio. That put's us at $5 right there. Remember the average TSX P/E ratio is roughly 17, but I think it takes 5-10 years for the pot stocks to come down to TSX average as the market is transitioning from speculation to valuation as the big revenue starts coming online. That being said even if we are trading at a 30 times P/E on very conservative numbers, that puts this stock at $7.50. Keep in mind these targets are a few years out IMO. Anything can happen. Cheers