Aurora Cannabis (OTCQX: ACBFF) (TSX: ACB) my #1 PICK – RICH TV LIVE – October 4, 2018 – Aurora Cannabis (OTCQX:ACBFF) has proved to be a cannabis powerhouse as it creates their own cannabis products, invests in other cannabis companies, and is making partnerships that could send them into long-term success. With growth rates faster than competitors and a surplus of marijuana, Aurora is looking really good. As of right now, Aurora’s main money maker is its investments in other companies, totalling a $700 million value. As for their own marijuana, they are expected to produce 570,000 kilograms in 2019. This is largely due to their huge facilities and recent acquisition of MedReleaf (OTCPK:MEDFF). For these reasons, we believe Aurora Cannabis is the most promising cannabis stock on the market.
Hey guys this is rich here on behalf of rich tv live and there’s this article and seeking alpha that really piqued my interest it says aurora cannabis the reason why they exceed overall competitors and now that we are getting so close to legalization i mean we’re so close you can just taste it we’re just days away from legalization in canada and the start of a
New historical chapter for cannabis lovers everywhere only twelve days eight hours forty minutes away from history in canada and aurora cannabis my number one since day one aurora has a huge increase in patient and gram sold which shows promising gold growth with investments worth nearly seven hundred million they have acted as a marijuana hedge fund and although
The marijuana sector is very volatile i believe once it stabilizes aurora cannabis will continue to grow with high returns aurora cannabis under the symbol acb ff has proved to be a cannabis powerhouse as it creates their own cannabis products invests in other cannabis companies and is making partnerships that could send them into long-term success with grow trace
Growth rates faster than competitors and a surplus of marijuana aurora is looking really good as of right now aurora’s main moneymaker is its investments in other companies totally o 700-million asked for their own marijuana they are expected to produce 750,000 kilograms in 2019 this is largely due to their huge facilities and recent acquisition of men relief for
Those reasons we believe aurora cannabis is the most promising cannabis stock in the market let’s talk about their finances which are monstrous aurora’s finances might be one of the best in the cup cannabis industry with investments totaling 700 million in value that has been a huge moneymaker for them with their total current assets being worth roughly 220 million
They have money lots of this is very good as it shows that they can make huge acquisitions yet they still have money to spend another good thing is their revenue grew to 55 million this year which is a growth of over 300 percent year over year that is staggering now only it is important that their revenue is growing rapidly but they were also finally able to turn a
Profit in 2018 and hopefully that continues this has helped their eps to grow to 16 cents which is respectable for a growing company and main cause to this would be their growth in patients and grams of marijuana sold their patients grew one hundred and ten point eight percent since last quarter enormous growth and their grams have sold have grown up sixteen point
Five percent since last quarter overall with a growing number of patients and grams sold the company’s financials look to keep growing as time moves on as you will see in an image below aurora’s revenue has hit roughly $16 sixteen million canadian which is higher than the biggest competitor canopy growth cgc basically a cannabis hedge fund when looking back at the
700 million investments it shows that when other cannabis stocks succeed so does aurora one of these investments happens to be a 55 million investment into green organic dutchman otherwise known as tg odf in america tg od in canada at 165 this gave them thirty three million shares those shares alone are worth roughly two hundred million now with other investments
In other shares helping their money mount up aurora is able to expand past their company considering marijuana stocks are very volatile has a late a perfect example being tilray the number is due to change with the farm bill looking as a high potential to be passed marijuana stocks look to have a bright future and as we have seen through the current investments
When marijuana stocks do well aurora does well their product aurora has proven their facilities that they are able to produce a lot of cannabis or are set to grow more than hundred forty thousand kilograms of cannabis annually by the end of this year with its own facilities with the acquisition of med relief that adds another thirty five thousand kilograms to
That total aurora’s expansion efforts are expected to boost its annual production capacity to more than five hundred and seventy thousand kilograms by 2019 this allows aurora to not only worry on whether or not they will produce enough although they have been dealt on if the marijuana market will demand as much we believe it will although in the early stages they
May have oversupply marijuana use will grow from medical and recreational use now that aurora’s production is roughly equal to canopies i rate up rora as the best marijuana stock to buy number one and what have i said to you guys since the beginning i told you that i loved aurora with their sales growing rapidly the whole company is looking amazing in general
From last quarter to this recent one their amount of patience has grown by over a hundred ten percent this has also allowed for a sixteen point five percent increase in grams sold quarter-over-quarter although i stated this is the early financial section i want to reiterate the point as their rapid growth is a main point in buying conclusion although majority of
My articles don’t have a formal conclusion i believe aurora deserves one i say this because aurora stock like all other cannabis stocks has skyrocketed in the recent years all because of legalization news of course the market has been driven by news of the farm bill and a full legalization around canada yet unlike many other cannabis companies aurora has created
A system allowing them to thrive for years with extreme profits off of investments aurora proves not only to be a cannabis manufacturer but also be seen as a marijuana hedge fund as markets for marijuana grows aurora grows even if it’s their competitors selling the most this being said the amount of acquisitions they have made recently to improve their company
Is truly magnificent with a surplus of cash they are able to improve their product through these acquisitions with little concern on another note their product has been awarded medals and patients clearly love it so in conclusion aurora is the best cannabis stock to buy in today’s day and age wow unbelievable that’s strictly an opinion remember rich tv live is
Strictly for education entertainment purposes always do your due diligence always do your research before you invest in anything that we talk about here on rich tv live i love aurora cannabis it’s always been my number one obviously canopy growth is lebron but maybe aurora is kevin durant it’s true that last two years kevin durant has won the mvp not lebron he’s
Be lebron will aurora be canopy your boy rich thinks it’s possible if you’re not winning you’re not watching smash that like button share this video everywhere comment down below what do you think of aurora cannabis i love it 12 days 8 hours 33 minutes away from history is your boy rich roark a nurse what do you think let me know what you think guys comment down below i’m out peace
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Aurora Cannabis (OTCQX: ACBFF) (TSX: ACB) my #1 PICK By RICH TV LIVE
