Aurora Cannabis Is on Pace for 780,000 Kilos a Year, With 1 Million a True Possibility

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At the moment, there’s basically no market developing more quickly, or garnering additional interest from Wall Street and investors, than marijuana. Following the legalization of recreational weed in Canada, and now possessing more than 40 nations worldwide with some sort of healthcare cannabis legalization in location, the sky seems to be the limit for pot and marijuana stocks.

Due to the fact the chance is so massive, we’ve been witnessing an escalating capacity “war” amongst Canadian growers due to the fact the starting of 2018. Fairly substantially every single time Yours Genuinely has churned out a list of the peak production capacity of the top rated 10 or 11 growers in Canada (i.e., any grower with at least 100,000 kilos of peak annual production capacity), it is come to be obsolete since of a newly announced project, an acquisition, or an expansion, inside a matter of days, or weeks if I’m fortunate.

Aurora Cannabis increases production at its biggest develop farm by additional than 50%

Final week, my newest published production list once once more became outdated, thanks to Aurora Cannabis (NYSE:ACB). Aurora is projected to be Canada’s major cannabis producer when operating at complete capacity, and no other growers are specifically close to its production possible — specifically following its most current announcement. [Read more at The Motley Fool]



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