CSE:ACRG.A.U - Post by User
Post by
Alex95on Dec 15, 2020 3:20pm
100 Views
Post# 32111062
Updates
UpdatesThere are a lot of positive events coming down the pipeline for Acreage in the short term. Don't forget they are about to announce their incoming CEO, and if this person has any ties to constellation brands, you can bet your balls that this thing is going to rocket. They have an additonal 3 adult use stores up and running that they did not have in the previous quarter. They also have their partners in Maine that have now opened a dispensary for adult use. There will be a nice increase in revenue this quarter which will make the new CEO look good. They are very close to being able to get all the wholesale and retail licenses in OHIO where they have 5 branded Botanist medical dispensaries up and running. They are investing heavily in New Jersey and should be a dominant player in that state along with New York opening up in 2021. I believe the combination on constellation/canopy/ acreage and terrascend are all the pieces needed for north american domination. stay patient, acreage will come back and when it moves its going to move quick.