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RE: A Marijuana Stock I am Watching

in #money6 years ago

I was actually doing analysis on CGC and ACB and went with Aurora because I think they have more room to grow. Their profits and equity are increasing at a greater rate and are currently pulling a profit unlike Canopy.

Another worrying thing about canopy and other companies is the PE and Book value. Astronomical multiples on some of these companies. Aurora seems to be the only company "reasonably" valued by the US market at this point in time.

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