Post by
geodcan on Aug 10, 2021 3:39pm
C'mon pot investors
this financial statement was pretty dang good imho. Closing in on black ink all the time and almost there from what I'm seeing.
The new guy is leaning this out and going for profit and it seems to be working.
Of course when the US launched their greenrush it will be done with the panache that Americans are famous for. Acreage is going to be Canopy Growth USA division and they are proactively angling in with branding deals to get Canopy's successful brands on shelves.
Canopy knows that to maintain their leadership role that we have to be the leader in the US and seem to be already financed to pull this off.
The US MSOs have done a wonderful job building good businesses using the existing laws for medical and rec where legal, I guess relying on the Feds sitting on their hands and letting State law prevail.
Canopy came up with their own plan for their US footprint and that is the deal that we have inked with Acreage Holdings to happen when the US decriminalizes marijuana from the narcotics regulations.
Come out smokin'!
glta and dyodd