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Medical marijuana is huge, page-33

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Zajac

691 Posts.

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08/04/17

17:28

Post #: 23954151
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Originally posted by serge83 ↑

Aurora Cannabis

893 million market cap
70 thousand kg capacity by mid 2018

Continued sales pace in excess of $1 million per month

November, 2016 on track to be record month, with product sales projected in excess of 200 kilograms and gross revenue in excess of $1.6 million

10,800 active registered patients as at November 28, 2016

50 million cash at hand

Harvest One

68 million market cap
50 thousand kilos by year end 2020
23 million cash at hand

Probably not exactly comparable at the moment but Harvest One will do alot of catching up in the next 12 months. Aurora registered 10k patients in a single year. They have only had their sales licence for a little over 12 months and look what they have achieved.

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Thanks @serge83 I have been reading the Cann Group prospectus and am thinking that they may be MMJ competition in the market in Australia.
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