Acreage Holdings ACRGF

I pick players and teams

[geodcan]

that have a history of successes.  Acreage is a made for Canopy effort for Canopy, the lead player in cannabis in the world to launch into the US when legally allowed.  They are multiple pieces of the big puzzle for world leadership of a new legal vice and for pharmaceutical use.  Two unicorns came together, Constellation and Canopy and no matter what the headwinds, these types of management will succeed.  A lot of things have changed since the Canopy/ Acreage deal but marijuana isn't going away, just some of the players.  There are all kinds of defunct miners and other listed companies that weren't doing well that thought they could just switch to being marijuana companies.  They are dropping like flies.  Canopy saw the future of marijuana and proactively moved towards it with their purchases of other companies that had critical pieces of a tail to snout marijuana business.  Canopy is a world leader and despite the shytstorm that is happening, good leadership, leads and succeeds.  Rationality is the buzzword for the shareprice of stocks in tough times and bullchyt isn't getting rewarded.  Crazy multiple days for hot pot stocks are in the past and hopefully those that exercised irrational exuberance in their bids for shares did well.  There will be a serious separation of the buckwheat and the bullshyt but I do believe that the world is ready for a safer vice but it takes time to dethrone the kings of vice.  I have big hopes for cannabinoid infused beverages taking a big piece of alcohol sales as a smarter consumer seeks out healthier options and I chose this team.  I put up 50k cash to be a part of this team and my most recent purchase was in the $2 range.  Do your own diligence before you invest and think about the Bre X's and Nortels.  Securities regulators are too slow to react to protect investors and hope is eternal.  glta