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Acreage Holdings Inc ACRHF


Primary Symbol: C.ACRG.A.U Alternate Symbol(s):  C.ACRG.B.U | ACRDF

Acreage Holdings, Inc. is a vertically integrated, multi-state operator in the United States cannabis industry. The Company’s operations include cultivating and processing cannabis plants, manufacturing branded consumer products, distributing cannabis flower and manufactured products, and retailing dosable cannabis products to consumers. It is offering a range of products from its flagship brand, The Botanist, for adult-use sales in New Jersey. It has also launched Botanist Vape Cartridges and Disposables in Illinois, as well as Superflux Cured Concentrates. Its brand also includes Prime Wellness. It owns and operates eight cultivation and processing facilities, one each in Illinois, Maine, New Jersey, New York, Ohio, and Pennsylvania, respectively, and two in Massachusetts. The Company also owns 23 operational dispensaries in seven states. Its subsidiary, Universal Hemp, LLC, distributes, markets, and sells cannabidiol products.


CSE:ACRG.A.U - Post by User

Post by geodcanon Dec 12, 2020 3:51pm
170 Views
Post# 32093950

Sadly

SadlyThis Acreage bullboard has degenerated to a paid pumper paradise and isn't getting the attention it deserves.  Canopy and Acreage took the time to redo the deal for amalgamation and at these prices it looks like a very good deal and also a best kept secret.  Canopy themselves said that they have an obligation to honour the deal or why would they waste the time and put up another $30 million.  I know that there is a little sticky wicket of a "triggering event" before those Acreage shares get swapped out for Canopy shares.  Acreage is a lot of things that Canopy is in need of for rapid US expansion and both companies lost a lot of investor's faith when they did revisit the deal but the only reason to not go through with it is if the whole cannabinoid market tanks.  Canopy is already getting branded products into the US pipeline with deals with Acreage to make that happen.  Heavy emphasis on drinks that are being targetted as big turnover, high margin skus destined to bring the lion's share of the revenue by cannibalizing old unhealthy forms of ingesting marijuana like smoking and also being recognized as a disruptor to Big Alcohol which is why Constellation STZ staggered the marijuana hopefuls with $5 billion C investment into Canopy.  Right after that happened Canopy was flirting with Constellation's marketcap.  Legislators on both sides of the border are being dragged to where they need to be to continue the launch of the greenrush but as we all know, they move at the speed of government.  Constellation and Canopy get due respect but investors are ignoring Acreage which is going to be Canopy in short order and at a sweet premium for Acreage shareholders.  That triggering event is going to bring on huge demand for Canopy shares and this is one way to get on board cheap.  jmho, glta and dyodd
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