ALL EYEZ ON ACB Here we are, finally.
guys let's not be naive , 2020 was an absolute disaster for pot stocks, not only ACB, but also the rest.
imagine bag holding CGC at 50/share ? Or higher? Lots of us in the same bag holdin boat, I mean really, who isn't ?
keep your faith in Miguel. give this guy the benefit of the doubt. His resume is as good as anyone else's in the industry .
PELTZ + MARTIN is the STAMKOS + KUCHEROV of the cannabis sector.
lets give credit where it is due, ACB has attacked aggressively cost cutting and dispersing of dead weight .
regardless of what we find out in a mere 1.5 hours let's remember that at current burn rate + cash at hand it easily takes us into + EBITDA territory
does ACB drop 40 million to buy powerhouse CBD located in 20,000 stores , if they are heading towards bankruptcy ? No
in my city alone pop 300,000 we have gone from 1 store to 5 in the last year and another 14 expected to open by the end of the year.
brick and mortar will increase sales 10 fold
Guys, regardless of today's outcome , selling for a huge loss IMO would be a massive mistake
I personally, will hold these tight into 2021.
DYODD
GLTA