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Aurora, Aphria, And Wayland Land German Cultivation Licenses


RV_

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Excerpt:

Summary

Three Canadian cannabis companies have landed the first German medical cannabis cultivation licenses. Each of Aurora Cannabis (ACB), Aphria (APHA), and Wayland Group (OTCQB:MRRCF) were awarded medical cannabis cultivation licenses in Germany on April 4th.

These licenses are for relatively low cultivation figures but could help open the door for these three groups to begin producing and selling cannabis in the developing, but potentially enormous, German cannabis market. Some analysts suggest the German medical cannabis market will be worth up to U$2.7 billion by 2023.

These licenses also demonstrate the leadership of the Canadian cannabis companies: In a competitive bidding process with 79 bidders, three Canadian LPs emerged as the winners. Canopy Growth (CGC), which has perhaps 25% market share in Germany, was notably not among the winners of a German cultivation licenses.

Press Releases

Much more with links in the article here: https://seekingalpha.com/article/4253056-aurora-aphria-wayland-land-german-cultivation-licenses?isDirectRoadblock=false

I am long Aurora and bought in pre legalization when it was down in price as was NBEV ($2.99) IT is like Tesla up front a very long play fpr those who think long investments are 8-12 months. The leaders are already shaken out. The US is a small part of the biz until the feds legalize it and take it off the schedule narcotics is on. Not if, just when. But China and Europe are getting there as is South America. Opportunities are amazing if you read read read!

RV/Derek
http://www.rvroadie.com Email on the bottom of my website page.
Retired AF 1971-1998


When you see a worthy man, endeavor to emulate him. When you see an unworthy man, look inside yourself. - Confucius

 

“Those who can make you believe absurdities, can make you commit atrocities.” ... Voltaire

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Hey guy, I know! Tilray is selling for $59.54 as of close April 5th 2019.https://www.nasdaq.com/symbol/tlry Aurora is selling at the same close for $9.17 https://www.nasdaq.com/symbol/acb

Considering the positions on capacity and market shares Tilray should be much lower and Aurora much higher. Notice the one year high and low prices for them both and you see what I mean:

Tilray: 52 Week High / Low $ 300 / $ 20.10

Aurora: 52 Week High / Low$ 10.32 / $ 4.58

I believe Tilray is at the end of their major shareholder volatility and there will not be as much upward movement for their stock as opposed to Aurora which will rise to equal, or rise close to Tilray in the next years. I had 1000 shares of Tesla when I sold last year when it was up past $340 a share. I bought 5000 of Aurora for a long term investment. I believe it can do at least half as well as Tesla did, if not more. Or I can lose almost exactly what I initially invested in Tesla and that money is discretionary as were my Tesla shares. I can lose it without it affecting my retirement or lifestyle. This and NBEV are only my second and third time I invested in individual stocks, as opposed to funds and property I buy cash. I bought Tesla at $17 -22.5 so less shares then for the same capital as now. I expect to see these shares go at least to equal where Tilray stock prices are today.

 

RV/Derek
http://www.rvroadie.com Email on the bottom of my website page.
Retired AF 1971-1998


When you see a worthy man, endeavor to emulate him. When you see an unworthy man, look inside yourself. - Confucius

 

“Those who can make you believe absurdities, can make you commit atrocities.” ... Voltaire

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