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.

OTCQX:ACRGF - Post by User

Acreage Holdings > Wow

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Comment by geodcanon Jun 17, 2020 5:48pm

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Post# 31162295

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. Speakeasy almost matched Acreage for their financing with a deal that cost 55%. I remember the days when excessive interest charges were called usuary and illegal. Used to only get raked like that for illegal activities and loan sharking. I guess with the threat of the Feds hanging over everything and the US politicians unwillingness to deal with it at the Fed level, technically we are higher risk because of this. It doesn't explain Speakeasy's situation who I think are all Canadian. If you can't get the money at the bank and have to go to the street, you will pay.

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