Canadian CANNAINVESTOR Magazine May / June 2018 | Page 76

64

76

Weedman character was created and is the sole property of and owned by Chloë Kyron. All rights reserved. The image including any likeness cannot be used in any manner without the expressed written consent by Chloë Kyron.

Any company referenced is purely for discussion purposes and not intended as a recommendation.

Louis Kyron, CPA, CGA

Aurora itself perhaps primarily for recreational and backfilling any gaps and Aurora too has an impressive international presence. TGOD will be premium high ROI organic for that niche. In time, I would not be surprised to see ACB’s stake in TGOD will increase as well as its stake in Hempco Food and Fibre. Remember, HEMP is expected to potentially be a trillion-dollar global industry within a decade. But we know as company’s pay a premium in shares for acquisitions what happens to the supply of shares and the resulting downward pressure on share price. Therefore, I would not be surprised to see Aurora undergo a share consolidation once they take a breather from M&A activity.

Back on point - paid promoters and professional short sellers commingle fact and fiction and present their “opinion” as factual findings and conclusions. What is good about the bearish opinions is that they do

counter what seems to have been a two-year flood of overly positive opinion pieces coming primarily out of the company paid promoters/influencers. Friendly fire makes it difficult to filter out the noise and the sudden increase in social media characters and groups all looking for their 15 minutes of fame is another layer of noise to filter through.

Remember, as soon as you see in writing that a company is a “client” then you are likely reading a slanted opinion piece because of the loss of independence. A conflict of interest exists ether in fact or in appearance. Even if you believe a stock promoter or influencer who has a company as a client is somehow not in a conflict of interest “in fact” you can likely see that they are “in appearance”. You can still get information from such possibly compromised sources but just remember that the information may be tainted as a result. And that is where the problem lies … it does not mean that what they say (in part or in full) does not have merit. As the industry grows and matures, some early predators and scavengers either must adapt and evolve or find themselves looking up at the approaching meteor.