In this video i'll discuss the future of Canada's Marijuana retail outlets as well as discuss a potential strategy for Aurora Cannabis to increase their stock price and keep it above $1/share. Overview of Aurora Cannabis stock price
Canada Expands Marijuana Retail Outlets - 3:45sec
Reverse Stock Split - 9:15sec
If Canada can work hard to expand Marijuana retail outlets in 2020 we will see significant revenue growth for many Marijuana/Cannabis producers. The number of retail outlets in Canada, when compared to their population density, is VERY low. Especially in comparison to Colorado's retail outlets vs population. Fortunately, Canada has plans to expand the number of retail outlets in 2020.
Reverse Stock Splitting (opposite of stock splitting) is a strategy that I believe ACB is considering. Reverse stock splitting is when a company merges shares to form a smaller number of shares at a more valuable rate. This strategy would ensure ACB remains on the NYSE while also making the stock price more appealing to new investors. Current investors would not lose any share value.
If you'd like to start investing through M1 Finance, use the link below to receive a free $10 towards your first investment:
Please remember that i am not a financial advisor. I make these videos for educational purposes only. You are responsible for your own investment decisions. Please do your own research and use your best judgement before investing.
0 Comments