Post by
geodcan on Dec 09, 2022 3:12pm
The marketmakers that are
devastating the value of Acreage seem content to keep it at this low margin for current entrants to either Acreage stock, fixed or floating.
After the Aceage shares get swapped out for Canopy shares they will rise and fall with Canopy's shareprice which I'm guessing will be several multiples of upticks.
Big money, Constellation has put up $5 billion for Canopy and only God knows how much more for all of the other companies that they have lined up for their launch in the US.
I think they have domination in their plans and will continue to wheel and deal and take advantage of any related companies Stateside that they think will complement being the leading MSO.
Some view this as throwing good money after bad but remember that these guys already run a huge, profitable, dividend paying company that is flirting with its all time highs and it is pretty clear that they have the cannabinoid biz in the crosshairs.
And they have announced that they are going to pull the trigger to launch in the US, led by Constellation Brands, beverage winner.