OTCQX:ACRGF - Post by User
Post by
krisrunaon May 03, 2019 1:47am
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Post# 29704876
SAFE (Banking) Act With A Twist
SAFE (Banking) Act With A Twist(1) There is a recent video by Bruce (issued in last day or two) which indicates "SAFE act with a twist" can trigger the inititiating (Triggering) event.
(2) SAFE Act looks very close to passing. Within next few weeks, House is supposed to vote. THen, goes to SEnate. There is a priority (placed by Congress) to pass this Act/Bill soon.
(3) So, if we are lucky, we can get the Triggering Event within next couple of months.
(4) Around Sept/Oct, Canopy is getting 2 big Catalysts (a) Edibles Coming and (b) REvenue from Denmark (which supplies MJ to whole Europe) start coming (big revenue source). Combination of both events is expected Canopy price to trade in $ 100 to $ 120 range. 58 % of this provides a range of Acreage shares in $ 58 to $ 70 range (by around Oct/Nov 2019). All my opinions please. Many thanks.