CSE:ACRG.A.U - Post by User
Comment by
geodcanon Jan 10, 2021 5:33pm
165 Views
Post# 32264125
RE:RE:RE:RE:DIFFICUL TO UNDERSTAND WITHOUT MATERIAL CHANGE
RE:RE:RE:RE:DIFFICUL TO UNDERSTAND WITHOUT MATERIAL CHANGEYep, your $9 for Acreage fixed shares sounds about right to get near equilibrium. Don't forget that Canopy with a triggering event will rock. I can see it easily getting back to its old highs which will drag Acreage shares with it. Canopy is taking a more fundamentalist approach with an eye on the dollars out and positioning for bringing dollars in. Canopy needs Acreage and Constellation isn't saying much about their part in this trifecta of companies. Constellation put up $5 billion Canadian to participate in the future of cannabis buying into Canopy who are leading the pack with innovation and action. Canopy sees beverages as a big part of their success, Constellation knows it and put their money where their mouth is and Acreage is getting a lot of effort put into it from the first two to get branded products on shelves in the US, heavy emphasis on beverges which are high margin and rapid turnover. Nicer delivery method that segways right into the social drinking scene for alcohol and no big offensive cloud of smoke. Constellation people are in the prime spots and Bruce Linton calls them "hardcore entrepreneurs" with a 41 billion dollar marketcap and earning $10 per share. They know how to make money and take care of shareholders. glta and dyodd