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Bullboard - Stock Discussion Forum Acreage Holdings ACRGF

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... see more

OTCQX:ACRGF - Post Discussion

Acreage Holdings > Pelosi's proposal
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Post by geodcan on May 16, 2020 3:40pm

Pelosi's proposal

got the vote but no mention of whether the SAFE deal went with it.  Now it is off to the senate where some think it will be rejected or not heard and voted on.  I am convinced that the US is on track for legalization of marijuana for rec and pharma at the Federal level and when it happens the MSO's are already positioned to benefit hugely despite the fact that the clock is ticking and devastating some of those companies, just like the bottleneck in Canada with all kinds of legal weed from licensed producers but they throttled the outlets and retailers.  Lots of pot and no place to sell it from.  The burn rate of these burgeoning companies can't take much more delay.  Maybe all of this is in vain and they should just hand it back to black market, cartels and such.  At least they can move product.  Or maybe it gets passed in the Senate!  I bet pretty heavy on Acreage, thinking it was the better stock for a pop because it got taken out at the knees and apparently mostly forgotten about by investors.  glta and dyodd
Comment by Ronsade on May 16, 2020 4:24pm
This post has been removed in accordance with Community Policy
Comment by weedstocks545 on May 17, 2020 2:43am
This post has been removed in accordance with Community Policy
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