Post by
geodcan on Feb 13, 2020 9:54pm
Acreage got the money
to keep moving forward. Canopy announces earnings tomorrow but hopefully that is built in already. The big catalyst will be US banking deal or Fed descheduling to put all the parts of the puzzle together so people get the big picture. Canopy and Acreage have a deal inked so Canopy can rapidly expand into the States and it seems that it is forgotten by investors. By my calculations it is a lucrative deal for Acreage shareholders and essential for Canopy to get that foothold that it needs in the US. Canopy has already made careful moves to be US involved with cbd grows and processing, so as to not draw fire from the Feds and get their listings suspended. The trend in the US is overwhelmingly in favour of Federal descheduling of marijuana and anybody charged with reworking the legislation is going to err on the side of caution and safety. Federal control would simplify the inevitable and launch the greatest greenrush that the world will see. glta and dyodd