The Cannabis industry in a nutshell! Aurora/Tilray/Index – 15/05/2019
In a fluctuating market one cannot expect emerging industries to keep booming and to push forward with higher volume and demand
but the cannabis industry is proving other wise
still fully controlled by north america ,now being led by Canada after a full legalization processes and been approved and as an effect companies related to the product are being lured in to operate with in jurisdictional region with out any legal concerns
a brilliant move by Canada to allow both recreational and medicinal cannabis to be sold and exported world wide
as for the stand outs of the index it self
Tilray – 15/05/2019
The company is a supplier of cannabis products to pharmaceutical distributors
main focus in on medical cannabis research (cultivation processing & distribution of cannabis products world wide
chart wise we have finally closed 2018 august gap line and 2/3 correction from all time highs
next target for long is at 65$
Aurora - 15/05/209
Aurora cannabis is by far the biggest name out there and the most intriguing stock to follow.
the company recently became a cultivation licencee owner for medical cannabis in Germany,
she is the only one from 80 companies listed for that license to be approved.
the company annual production capacity is targeted at 625000 kilograms more than any other producer
in march the company has announced that billionaire investor Nelson Pelts is teaming up as a strategic advisory director,
experts out there expect Aurora to soar after this move.