RE:RE:RE:RE:RE:RE:Acreage beat the expectations easily as well.DSEEGS wrote: ilvmyt5s wrote: lol like the Nuverra deal????? ilvmyt5s wrote: DSEEGS wrote: ilvmyt5s wrote: Does anyone know why WEED would buy a money losing company for their US expansion? Why not purchase a profitable company that pays a dividend? Daredevil1964 wrote: EPS of $-0.11 beats by $0.07
Revenue of $43.77M (19.47% Y/Y) beats by $9.51M
The sheer amount of licenses they hold. Extremely Valuable and difficult process to acquire .
Nuuvera had no experience producing cannabis and has posted virtually no revenue. It was incorporated just in January2017, and went public this January through a reverse takeover of a shell company, a mere three weeks before the offer from Aphria. Not sure why you compare with NuUvera care to explain? Nuuvera had no U.S exposure which is pretty much the T.A.M.....
Acreage holds licenses in 20 states . One of most established MSO in the largest market. Pretty much 90% of the TAM. With experience growing and has established revs . Not to mention influencial people on the BOD's . How exactly is that like Nuuvera?