RE:US entryOkay. You know nothing. Acreage has over 90 licenses country wide. That is why Canopy is buying them. Aphria can sign with anyone they want but without a license they can't touch the plant in the US. Licenses are tough to get.
Distribution is tough in a state by state market but not for a company that has national distribution like Biosteel and Constellation.
Unbelievable how uninformed this board is.
arblines wrote:
What people fail to realize is no one has a US entry. It is federally illegal and until it gets removed as a schedule 1 substance all these companies grow facilities are second rate. Buying acreage, or anything else reminds me of when Canopy and Aurora burned billions buying dinosaur infrastructure prior to it going legal in Canada only to write off billions in assets. The best a company can hope for is to establish Brand awareness. Distribution is near impossible across most states, and once legal this landscape will change dramatically. One sign of a pen with Walgreens then a company like Aphria had the best distribution market in the country. 420 fest is a plus, 420 branded beer is a plus, Sweetwaters foot print is a plus. Patience is key, and when MMJ finally does go legal (fingers crossed in 2021) Aphria has the best infrastructure to execute and dominate the space. It is unfortunate that is stagnates the SP until December, but it is a good acquisition.