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Acreage Holdings ACRGF

Acreage Holdings Inc is a vertically integrated, multi-state operator in the cannabis industry. Its business operations include cultivating, processing, distributing and retailing cannabis. The Company derives its revenues from its retail dispensary business where cannabis and cannabis-infused products are sold to consumers. Its geographic segments include New England, Mid-Atlantic, Midwest, West and South.


OTCQX:ACRGF - Post by User

Post by geodcanon Apr 20, 2020 3:51pm
525 Views
Post# 30931367

Looks like

Looks likeInvestors woke up to this company.  Nice uptick today on good volume.  Our shareprice was overdone to the downside out of fear and investors preserving capital.  It's tough to be Warren Buffet like when the sp is tanking but this company is jiving to the pulse and rythms of negative sentiment.  They are still progressive and grabbing up new pieces while discarding what isn't working.  Still a working company with revenue and rubbing up on Canopy with some of their products.  Talk of descheduling marijuana or allowing normal business tools like banking and brokering are the right thing to do.  Allowing these tools by doing the legislation corrections is critical for another tax revenue and job increase from what potpreneurs bring to the table.  If for no other reason than for marijuana business in the US to have a fair and level footing to Big Alcohol.  Both parties in the US are steering around this like it is a pile of dogsh!t and failing to recognize that it could be the political plum to election.  There are some good links that explain this investment and it doesn't hinge on the Canopy Growth deal that is inked, although imho, it would be good for Acreage Investors.  Acreage is moving towards cash positive on its own and has its place in the top US multi state operators but the sum of the pieces of Canopy Growth and Acreage would solidify Canopy with all of their potential as one of the top marijuana businesses in the world.  Being in the States for Canopy is critical to being a world dominator for the greenrush and Acreage has what Canopy needs.  There has already been a significant amount of money that transferred to Acreage, who by the way, paid it out to shareholders of record, probably thinking that the company could carry itself without the cash and the rest of the deal for Canopy to swap shares of Canopy for Acreage when we get to the triggering event, is a no-brainer and will be very lucrative for Acreage shareholders at todays values.  If you aren't invested in Acreage, it is worth a look.  I sold most of my Canopy Growth and picked up Acreage, after doing the math.  glta and dyodd.
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