CSE:ACRG.A.U - Post by User
Post by
geodcanon Apr 22, 2021 6:43pm
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Post# 33052571
New management and promoter are
New management and promoter are keeping a low profile about what they are doing. There's a few positive changes but nothing to promote the signifigance of where Acreage stands in the big picture. Acreage is the chosen one by the world's leading marijuana and hemp company Canopy Growth for US expansion. Canopy is part of a future conglomerate of hardcore entrepreneurs that are moving their businesses towards the future and marijuana and hemp's part in it. This is still like a groundfloor opportunity as policy and lawmakers work out the details of how this fits into the groundwork of new medical treatment and also as an old vice.
Canopy's position in the greenrush was solidified by Constellation Brands who have positioned themselves to be the driving force. Acreage is what has been chosen by these guys for US establishment of marijuana and hemp for US consumers and as a backup they also have an interest in Terrascend. All of these companies can synergize each other as well as FIRE in Canada which Canopy has agreed to purchase and another small brand also.
Canopy has dumped out some assetts and purchased some better ones but are alive and actively growing their world class company and the US is next with a trigger. glta and dyodd