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Description: Booth said there could be “carnage” in Canada’s cannabis industry over the next year if some producers remain unable to drop their cost of producing their cannabis amidst what has become an oversupplied market.

Source: BNNBloomberg.com

Date: Nov 29, 2019

Link: https://www.bnnbloomberg.ca/aurora-ceo-eyes-u-s-amid-looming-carnage-for-canadian-pot-industry-1.1355362

Questions for discussion:

  • Summarize the highlights presented in this report and the concerns.
  • What should investors do under the circumstances, in your opinion?

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