RE:AUSA has better US Portfolio than ACBBecause it's their entry to the CBD market in the US. It's a smart play by acb, all shares buyout, conserving cash and have access to 20,000 retail outlets. The deal provides immediately positive ebita to their bottom line.
I took a position based on the future potential, don't forget UFC and Nelson Peltz have mass influence in the US.
Ausa doesn't provide acb any value at this point. They are not focused on kiosks. They are focused on cbd infused drinks with the UFC.
thcalternative1 wrote: Why are investors so impressed by ACB buy of CBD company. AUSA has a better portfolio of US companies. AUSA needs to create some momentum and trust with investors. Stock should soar from these levels