Post by
geodcan on Nov 07, 2019 12:29pm
Canopy came up with
the Drake getting on board thing, which is something, a little late to the party, but who knows. Acreage might be getting some spill over from that or maybe we found bottom and investors are starting to see value again. The big issues are getting the Feds to deschedule marijuana and the Safe Banking Act to clear the way for US investors and marijuana businesses access to the greenrush which is percolating and waiting to boil over.
Everybody thinks so which is why there are so many companies to choose from but I caution you, winners are going to be few. The attrition rate for a lot of these players is going to be drastic. Politicians are more focused on impeachment and turfing out Trump than they are about getting Fed and State on the same page to allow US potpreneurs to flourish.
Acreage put together a package deal to cover all the bases and they did it with real cannabinoid companies that have real assets and were moving ahead on cbd and medical marijuana, as real companies with serious intention. Canopy liked what Acreage put together and did a deal with them that is locked and loaded and sighted in for the inevitable change that is going to happen to the benefit of the rec marijuana business. US politicians are moving on this, lobbying to get legislation passed and when it happens, the cream will rise to the top and I put some serious coin on Acreage Holdings and the amalgamation that is going to happen with Canopy Growth. Constellation are in the driver's seat in the Canopy camp and beverages are at the top of the list for being the biggest part of the revenue stream imho. Constellation threw 5 billion dollars to protect their declining alcohol revenues and replace them with the new vice on the block which is cannabinoid infused beverages. It will be a trifecta world leader company and a saviour for the coming bear market crash of the regular tried and true bluechip companies. glta and dyodd
Comment by
stockcharacter on Nov 07, 2019 2:55pm
What are you talking about politicians are more concerned about impeaching Trump? The politicians impeaching Trump for his corruption have already passed SAFE and would legalize in a minute. It's the Republicans trying to defend that orange bastid who are holding everything up. Get your sht straight.
Comment by
geodcan on Nov 07, 2019 3:51pm
SAFE Act, stage 1 is done. Now it has to be passed by the senate! Straight shyt! They're all tied up with impeachment b/chit. When it happens it could be enough to finish the Canopy Acreage deal to deal which s/b momentous for the pot market and the US greenrush. Failing that then the Feds have to deschedule pot or outright legalize it for rec use.
Comment by
Hellhereitgoes on Nov 11, 2019 10:26pm
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