GREY:IVITF - Post by User
Comment by
fmab011on Sep 12, 2019 6:09pm
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Post# 30121746
RE:RE:Alberta cannibas store
RE:RE:Alberta cannibas storeHow much is moving?
Regardless, rec weed supply agreements aren't what entrepreneurs with a vision are after.
There are only 35-million people in Canada.
Sure, it would be nice to have agreements with all provinces and territories but the money is in medical exports.
There isn't much written out there on Dixon's background in business except that he built and franchised a bathroom reno business in the Okanagan and sold out years ago.
He founded Acreage Pharms near Edson with a vision toward medicinal....way before Trudeau talked about legalizing recreational weed. He got in early and sold out to Invictus for some cash and a lot of shares....10 million for himself and the same for his sister and business partner.
Invictus, like a lot of smaller companies got caught up in the merger and acquisition wave and are now paying the price. Since taking over, Dixon has brought out the chainsaw and cut down a ton of a ton of bad investments.
Hopefully, it's not to late to recover. I'm in deep and have stopped averaging down.
With a lot of hard work, we hope he make some magic happen.
Soon, we will see some numbers andhopefully the market notices and investors jump in.
At the end of the day, only he knows which way this is going.