Morning Star Fair Value Estimate 1.40, page-37

Actually no they don't. Projections for when rec is legalised in Canada are way above what the domestic Canadian producers can supply - https://www.bloomberg.com/news/arti...-unusual-drug-problem-a-shortage-of-marijuana

And US is already running out of domestic capacity, and there are new states coming online for MM and rec in 2018. See what happened in Nevada for an example - https://www.npr.org/sections/thetwo...ergency-in-nevada-tax-officials-weigh-changes

Forget lithium, the world is running short of medical grade buds. Its actually happening.

Australia, if the legal export changes happen, can be an exporter of medical grade marijuana. And companies like AC8 are well positioned to capitalise on this trend. Factor in emerging markets like Europe and South America, and the global export market looks very good.

And then you add the developing local MM market.