I'm sorry, but this is a ridiculous comment. Aurora is the second-largest public cannabis producer in Canada, with an MC over $4b. They have significant vertical integration and are undertaking aggressive domestic and international expansion, with over $300m in cash behind them. By 2019 they'll have over 3 million square feet of cannabis production facilities.
Cann Group is in the design phase of developing a 250,000 square foot facility. Comparing it to Aurora is like comparing a promising Silicon Valley tech start up to Apple. Cann Group is more comparable to a company like H2 Biopharma but on a larger scale and with the benefit of first mover advantage in the Australian market. A takeover is the most likely scenario long-term.
CAN Price at posting:
$3.61 Sentiment: Sell Disclosure: Not Held
