$5-7/share before diageo makes the dealPot stocks don't move like your typical ole' stocks, I get it. I'm not a bear, but ACB looking real bearish right now. This month or next, if diageo makes a deal with ACB, SP will be $5-7 before they do, if ACB doesn't get any sort of partnership/deal, SP will go down to 2-$3. Will take a few years before SP hits more than $10 again because too much dilution for a $8B market cap company. Production capacity is the only thing they have going, everything else is still in the early stages.
ACB backpacks from other pot stocks which is sad. $9 TP from Eight Capital, 0.95/share value, highest P/E in the sector at 275, lowest GPE in the sector, lowest EP in the sector at 0.02. Better opportunities in the sector, I will come back to ACB next year. Will have some good days here and there but overall I think is going downhill even though it doesn't move like regular stocks.