CSE:ACRG.A.U - Post by User
Post by
geodcanon Nov 19, 2020 4:35pm
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Post# 31935378
Our sister from another mother
Our sister from another motherTerrascend seems to be moving on the profit side of the ledger. Not quite sure what link WEED has with them other than as a backer for some operation capital. Acreage is one of the top US MSO's that are all the rage right now in anticipation of a positive outcome for descheduling or some form of banking which will be like waving the starter flag for the US greenrush but Investors don't see it. Acreage is the chosen one for WEED's US expansion and Canopy is utilizing that asset to get branded Canopy products on shelves in US States. Money has been paid by Canopy for the right to assume the fixed shares of Acreage at what looks right now, to be a pretty good premium subject to the sp and relativity staying the same or better. It looks to me like $11 worth of Acreage will get you a $24 share of Canopy if/when Canopy feels secure enough to jump into the US with both feet. My crystal ball sees Canopy shares going back to old highs or higher and not enough share float for US investors when the fence sitters want to get on board the world's leading Cannabis and Hemp company. Canopy needs the US to maintain world leadership and they chose Acreage to segway in when the risk is gone. US investors are also seeing value in Canadian LPs with huge volume trades on Aurora and Aphria despite the Fed rules overhanging US investors. Just need the politicians to do the work to make this happen for voters who want it. glta and dyodd