RE:Cam’s video rebuilds my confidenceWhen you stop and think about it, dilution was unavoidable when management chose to quickly become 1 of the top 2 production leaders in the cannabis industry. Whether the top dog will be ACB or WEED only the coming months will tell. It is a fight between the two as no one else comes close.
WEED chose to sell 43% ownership to Constellation Brands (correct me if I'm wrong) for cash to pay for their expansion plans while ACB still maintaining their eye on top spot hopes to do it without kowtowing to a big multinational while still trying to firm up its market value. Only history will tell which strategy was more beneficial for investors. It could be that both philosophies will shine but I would rather see ACB cut a deal backed by a billion in revenue over that of a company reporting $50 million for the quarter. If you become one of the big dogs it's likely you'll attract other big dogs to want to come and join the action. Just a reminder for shareholders to not be in such a hurry all the time. The summer of 2019 is shaping up to be very much different than the winter.