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https://www.prnewswire.com/news-releases/aurora-cannabis-announce...

  1. mattstambe
    755 Posts.
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    23/11/19
    09:17
    Post #: 41590790
    https://www.prnewswire.com/news-releases/aurora-cannabis-announces-first-quarter-2020-results--corporate-action-plan-300958856.html

    Look at the figures circled in red:
    https://hotcopper.com.au/data/attachments/1845/1845758-cfd277a1d114c39374924be5895f769d.jpg

    Aurora produced 41,436 Kg of Cannabis in the quarter just gone (up 30% from the previous quarter) but..

    Only sold 12,463 Kg of Cannabis in the quarter just gone (down 30% from the previous quarter).

    So is producing almost 30,000Kg unsold surplus every quarter!

    Would they still feel the need to buy Aussie CAN cannabis?

    CAN Price at posting: 73.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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