RE:RE:Impending US Recession..is ACB recession proof?Hey Foxxy...on that note..heat the hell.is taking Australis so long to get any traction in the US market?? there's not even hardly any News on the AUSA ticket. I'm wondering what's taking them so long to move on US opportunities and if ACBs recent funding applications is to finance just that but dont think they can transfer money between the two companies like that so??? I wonder when AUSA is going to DO SOMETHING?? Anyone else wondering the same?? quote=foxxy113]
GotNoPension wrote:
Sadly, I think not. Look what happened at the end of December. What do you figure Longs? Will impending partnerships help the sp weather a recession?
If it`s a US recession it won`t affect anything here , ACB not in that market yet. If it`s a global recession same as alcohol and tobacco pot will sell , most LPs should do ok depending on pricing and marketing.
South of the border there is alot of activity as of late in the form of US MJ companies making acquisitions , building greenhouses leading up to their seemingly inevitable legalization . With bank funds available there now to US MJ companies the US market will prove a difficult but not insurmountable hurdle that CDN LPs will have a small window of opportunity to get to speed and fast. Just an opinion. This is not the only company in the entire MJ space. Good that positive EBITDA is around the corner , Singer says talks are under way , and Peltz is quietly working in the background. ACB will do well in time.
GLTA
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