Acreage Holdings ACRGF

Acreage is

[geodcan]

reducing overhead by reducing staff and faltering assets or those that are no longer viable.  They are also increasing revenue and trying to be cash flow positive.  The whole reason for this deal they inked with Canopy is to not draw fire from the FEDS and the brokerages which is why we have to wait for the triggering event which could be MORE, SAFE or descheduling of marijuana at the Federal level.  There could be other legislation like State law which is what all the MSO's are relying on which are more akin to loopholes and trust that the Feds won't do anything drastic or take action.  The US NYSE has excluded itself from companies that touch the product and won't allow them to trade.  The TSE got scared up in Canada and followed suite and public companies that can't trade are focked.  The exception is the CSE which is where the US MSOs are setting up publicly traded companies and will have a jumpstart when the Feds and senators do the work to allow the inevitable US greenrush that is percolating under the radar.  Smart US potprenuers are moving forward to be in the driver's seat when legally allowed.  Canopy Growth saw that their future depends on being an integral player in the States and have started picking up CBD operations in NY and where safe to do so.  Even though Canopy lost Bruce Linton he still owns a huge amount of shares and he could resurface at any time.  The last deal he did with Constellation was a major step to legitimizing the whole greenrush for the world.  Keep in mind that all of the takeover companies were getting huge premiums at the time and most weren't worth their marketcap or their price to book ratio.  All of these black swan events are going to kill a high percentage of these marijuana hopefuls and my hope is that the value added will be on the survivors list.  Canopy is one of them and I respect their choice for expansion to the States with Acreage.  Don't worry about Constellation because they have money and were smart enough to buy enough shares of Canopy to be in the driver's seat.  They did this because they can smell value and also know that Cannabis infused products are going to be people's choice and a gamechanger to the liquor business when thc infused beverages get a level playing field with Big Alcohol.  I'll be one of the guys going to the bar and having a nice low cal, low sugar thc beverage instead of a beer.  glta and dyodd

[Ronsade]

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