RE:Dilution + Flawed Infrastructure = Future Problemsarblines wrote: The speculation days are coming to an end, which means companies are going to have to have actual earnings to move the stock. The clickbait tactics of ACB have been effective so far gaining investor interest, but all their poor acquisitions will start to reveal themselves this year.
I am a long-term investor who is bullish on MMJ since 2015. I rarely take short positions so I simply avoid ACB because the company is fundamentally flawed. They own real estate 1000kms North of most competitors --- you won’t be able to give their prized Sky Facility away for free in a couple of years. Seriously though, how much product would one have to smoke to think putting a Greenhouse in Northern Alberta is a good idea? The temperatures dip down below -30C (-22F) in the winter months. Combine this with large indoor facilities downtown Toronto, you have billions of infrastructure that are not competitive and essentially worthless.
When I analyze ACB I think of Yahoo back in the dotcom days. When the “dotbong” bubble bursts this will be the largest company that fails.
I will make a more accurate reply. You didn't do your DD or your trolling or both. Smoking is just a small part of the income. If a tomato productor in Quebec can grow tomato in a heated greenhouse and be profitable, imagine if he is growing cannabis. I had to replace the letter with an accent because this third world site does not allow them, the letter is simply removed. Below is the link to an old article in French. Use a translator if you want to read the whole article. With the knowledge you showed, maybe you should invest in tomatoes instead of cannabis. :p
Selon les estimations, cette reorientation permettra d’engranger des revenus 10 fois plus importants. Actuellement, le chiffre d’affaires de la production de tomates est de 10 M$ annuellement, ce chiffre explosera donc avec le cannabis 100 M$. It is estimated that this reorientation will result in a 10-fold higher income. Currently, the turnover of tomato production is $10 million annually, so this will explode with cannabis at $100 M.
Link to article in French