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Bullboard - Stock Discussion Forum
Acreage Holdings
ACRGF
Healthcare
Drug Manufacturers - Major
Acreage Holdings Inc is a vertically integrated, multi-state operator in the cannabis industry. Its business operations include cultivating, processing, distributing and retailing cannabis. The Company derives its revenues from its retail dispensary business where cannabis and cannabis-infused products are sold to consumers. Its geographic segments include New England, Mid-Atlantic, Midwest...
, West and South.
see more
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Bullboard (OTCQX:ACRGF)
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(376)
•••
geodcan
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Post by
geodcan
on Jun 18, 2020 12:41pm
Shareholders
are showing their feelings with the shareprice over the expensive financing. I hope they get a lot longer runway to get this effort off the ground. Shareholders need more detail to justify
...more
(376)
•••
geodcan
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Comment by
geodcan
on Jun 17, 2020 10:26pm
RE:RE:link of interest
Ronsade, check your inbox!
Mullen Group Ltd. Reports 2024 First Quarter Financial Results
posted Apr 30, 2024 9:00am by
Mullen Group Ltd.
-
|
"Fortunately, we have a diversified business model that helps mitigate rapid changes in the market and we have the capacity to pursue acquisitions, a core competency and competitive advantage of the Mullen Group. In the current period, for example, acquisitions added approximately $20.5 million in incremental new revenues, and we announced a transaction to acquire ContainerWorld Forwarding Services Inc.." ...read more
(376)
•••
geodcan
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Post by
geodcan
on Jun 17, 2020 5:56pm
link of interest
https://stockhouse.com/companies/bullboard?symbol=c.ter from terrascend bullboard that supports my beverage theory.
(376)
•••
geodcan
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Comment by
geodcan
on Jun 17, 2020 5:48pm
RE:RE:RE:RE:Wow
i'm not sure but it is a reasonable question. Risk capital got a whole lot more expensive recently by those willing to lend into a space that is looking at heavy attrition and failures.
...more
(500)
•••
Homestretch4me
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Comment by
Homestretch4me
on Jun 17, 2020 5:14pm
RE:RE:Wow
End of the line is still a far ways off. It depends on the reason for the short-term financing. Remember they now have access to 75 million dollars in total, which will buy them roughly six months to
...more
(500)
•••
Homestretch4me
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Post by
Homestretch4me
on Jun 17, 2020 5:12pm
As follows
The 60 million-dollar financing that acreage just secured add a delay on when the funds would be available. I believe this is just a short-term Bridge Loan until those other funds become available. At
...more
(500)
•••
Homestretch4me
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Post by
Homestretch4me
on Jun 17, 2020 5:06pm
Wow
those are the shittiest Finance terms I've ever seen. I haven't been able to get a response from investor relations at acreage today but my take on this financing is as follows
(376)
•••
geodcan
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Post by
geodcan
on Jun 17, 2020 2:02pm
60% is outrageous
and wreaks of desperation. It will be interesting to find out what they intend to do with the money and where it came from. If they intend to use it for co-bottling and using Canopy's
...more
(27)
•••
Alex95
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Comment by
Alex95
on Jun 17, 2020 9:47am
RE:Acreage Holdings Announces Loan Bearing 60% Interest
I think some of the funding deals are somehow related to constellation brands either by way of a subsidiary that they hold indirectly. Constellation is in full control, they wouldn't let them make
...more
(27)
•••
Alex95
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Post by
Alex95
on Jun 16, 2020 9:27pm
Hey geo look at this one
https://www.google.ca/amp/s/www.cnbc.com/amp/2020/06/16/canopy-growth-ceo-expects-weed-will-be-legalized-federally-by-2022.html "as soon as we possibly can"
(376)
•••
geodcan
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Post by
geodcan
on Jun 16, 2020 3:20pm
we eaked out a little gain today
despite the fact that SH did a little blurb on their front page about Multi State Operators which was less than kind towards Acreage. It is worth a read though and it has the writers winning
...more
(376)
•••
geodcan
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Post by
geodcan
on Jun 07, 2020 4:10pm
Having access to capital
is a reasonable, if not smart, move done by progressive entrpreneurs with a plan. You see dilution which is a factor but I see an increase in sharefloat that will be sorely needed when Canopy
...more
(192)
•••
Tradingvet55
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Comment by
Tradingvet55
on Jun 04, 2020 9:45pm
RE:RE:8k news out
Wow you must be new to investing... 60 million dollars in shares dumped into the open market. Sounds like a great way for the share price to go up. Seen this happen way too many times. Anyways see you
...more
(500)
•••
Homestretch4me
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Comment by
Homestretch4me
on Jun 04, 2020 7:29pm
RE:8k news out
Do you know anything???? MSO'S are finding it impossible to raise money, except for Acreage. The fact that they just raised $60,000,000 when other MSI'S are getting doors shut in their faces
...more
(192)
•••
Tradingvet55
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Post by
Tradingvet55
on Jun 04, 2020 5:23pm
8k news out
Looks like more dilution. They just keep screwing shareholders
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