Acreage Holdings ACRGF

RE:Acreage

[geodcan]

Bankrupt?  Think Nortel.  Anybody can go broke!  Too big, too fast is something to watch for but it is also good to watch a company who's shareprice has been hammered, making strategic moves to preserve cash and yes, closing stores or non-profitable assets.  That show that they care and are still involved.  Plus, Canopy probably looked them over pretty well before inking that deal to incorporate them at a pretty handsome premium.  There's noise over at the Canopy board about Constellation being on the ropes because of halting their Corona beer sales.  They will be able to move with this and make up lost revenues somewhere else.  They put their money where their mouth was for Canopy which is looking like lost money right now but these guys are in control, able to manouver when and where needed as are Canopy and Acreage.  The world is full of companies that are futuristic thinkers, planners and doers that see the future and make it happen.  Canopy is still doing acquisitions, think Terrascend, to position themselves as one of the leaders if not THE leader for potpreneurs and until we hear otherwise, Acreage is a part of the deal.  Canopy is also busy picking up pieces of CBD operations in NY.