Acreage Holdings Inc ACRDF

Depends what your instincts are telling you!

[geodcan]

I see the US getting nudged towards the inevitable US greenrush.  Most of the people want another vice and the latest 5 on the ballet joined because they want legal pot, free from criminalization for rec use and pharma use.  

The Biden vote has hinted at decriminalization and both contenders are in favour of State law to take the responsibility of whatever they are going to come up with for their voters.

It would be great if they did outright legalization at the Federal level such that every State would play by the same rules and would probably greatly improve logistics and distribution.  Allowing banking and brokering for potpreneurs and pot investors would help to level the playing field with the Alcohol vice.

I have had my own personal awareness program going to try to bring investors to Acreage because there isn't near the interest in it that it should have.  I see Acreage as Canopy South because of the deal that they have with Canopy and at these prices I see profit for investors for a triggering event where those fixed shares are factored and converted to Canopy.  Canopy is leading the world's greenrush and the US is essential and they have taken necessary steps to come out smokin' in the US when the fear of legal problems is dealt with.  Canopy's announcement of parting ways with the NYSE to the Nasdaq suggests to me that they are considering relying on State law to protect Canopy's interests in the US.  Canopy's brands are being licensed to Acreage for distribution in States that allow which could be argued as touching the product, but I haven't seen any action recently by the Feds to charge in and override State rule.  I see Acreage as being at least 10 times the size of Canopy when they go full bore in the US.  I also see total renewed and positive interest for a US greenrush, which is going to be spectacular for investors that choose wisely.  All of those US MSOs aren't spinning their wheels.  They are positioning to be the leaders but not all are going to be able to weather the delays before the operating capital runs out.  It looks like Canopy has a couple of billion in the bank for moving forward and are also taking backer positions with Acreage and Terrascend to insure that they have access to reasonably priced operating capital to keep them in the game.  If they didn't have them in the crosshairs for ownership they would be considered competition and the money wouldn't have been backed.

Biden has urgent matters to deal with and I doubt that marijuana is that high on the list although they have made several efforts to clear some kind of banking bill that could be considered as the triggering event.  He's well reknowned for his persuasiveness to get politicians to cross the floor and I think there is a lot of downside  to come for certain areas of the market until the world gets vaccinated for Coronavirus.  The US is going to need to capitalize on any silver linings that have occured while some major industries struggle to maintain.  I'm thinking the travel industry and airplane manufacturers struggling, oh and cruiseships.  Launching a US greenrush might help to replace some of those tax dollars and then there are health benefits for converting to thc infused beverages rather than alcohol.

I think we are the best kept secret out there and Acreage's price is right because of its beatdown which seemed to affect Acreage more than some of the others.  The recent spikes in value of marijuana majors means a lot of investors are anti-ing up in anticipation of positive things happening.  Those Acreage fixed shares are going to be swapped for Canopy which have sweetened up considerably as the law of supply and demand plays out.  glta and dyodd