The latest earnings report of Aurora Cannabis (ACB) came in as expected, with results confirming a weak quarter for the company.
While the worst appears to be over, a major problem is the lack of clarity in Canada especially, concerning what the actual demand for cannabis is.
In this article we’ll examine why this will keep the future outlook of Aurora Cannabis and its Canadian peers in the dark, and what it means to long-term investors.
Lack of demand discovery
Anyone that understands why socialism never has worked, knows that the primary reason is the resultant lack of price discovery. Without that, economies aren’t able to operate in an efficient manner.
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