OTCQX:ACRGF - Post by User
Comment by
Rotalucepson Mar 03, 2020 1:32pm
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Post# 30761776
RE:What an amazing time to start a position!
RE:What an amazing time to start a position!GreatGabbo wrote: Let’s think logically for a moment here.
This stock under $4 bucks is a blessing NOT in disguise. It’s so obvious, in your face yelling INCREDIBLE BUY.
Even before accounting for the Canopy deal, Acreage has an incredible footing in the US Cannabis market as it currently operates pre-legalization. The FS recently released were by no means negative; rather the expenses driven primarily by capex projects are not to concern over. These were necessary expansion projects to allow for Acreage to reduce cost and increase its wholesale and retail footing.
The US election is less than 9 months away. Bernie Sanders is currently running on a promise to legalize marijuana federally on day one if elected. When we talk about the US legalizing soon, we may not be talking in such a distant future anymore. If and when this happens, all I can say is ... I’m going to be happy I held this position in ACRG. :)
The canopy deal will come into effect and we will be riding a wave of excitement like never before!!!!!!!?????!!!!!!!!!
ALWAYS DYODD.
GreatGabbo
Be careful about what you wish. The only point I agree with Bernie is the one hightlighted in yellow. Smoke can cause cancer, so smoking cannabis. On the last point, cannabis is already well regulated. They will crack down more an more on the illegal businesses as the legal ones take foot.
Ensure Legalized Marijuana Does Not Turn Into Big Tobacco
Big Tobacco is already targeting the marijuana industry for its profits. As president, Bernie will not allow marijuana to turn into Big Tobacco. He will:
- Incentivize marijuana businesses to be structured like nonprofits.
- We will provide resources for people to start cooperatives and collective nonprofits as marijuana businesses that will create jobs and economic growth in local communities.
- Prohibit products and labels that target young people.
- Ban companies that have created cancer-causing products or guilty of deceptive marketing.
"Smoke can cause cancer, so smoking cannabis. I agree with deceptive marketing."
- Ban tobacco/cigarette corporations from participating in the marijuana industry.
- Institute market share and franchise caps to prevent consolidation and profiteering.
- Regulate the safety of marijuana products by granting the federal government regulatory authority. Partner with USDA to establish safety inspection and quality control processes for growers and producers.