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Bullboard - Stock Discussion Forum Acreage Holdings ACRGF

Acreage Holdings Inc is a vertically integrated, multi-state operator in the cannabis industry. Its business operations include cultivating, processing, distributing and retailing cannabis. The Company derives its revenues from its retail dispensary business where cannabis and cannabis-infused products are sold to consumers. Its geographic segments include New England, Mid-Atlantic, Midwest... see more

OTCQX:ACRGF - Post Discussion

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Post by geodcan on May 21, 2020 2:12pm

ACB

Aurora is doing a deal to get Reliva in the US.  Reliva has some products and distribution of CBD from hemp, from my understanding.  The market seems to like ACB's share consolidation and there is hope that these two will synergize each other.  It shows that other companies are carefully positioning themselves, much like WEED has done with Acreage.  Aurora is a serious Canadian licensed producer whose stock just about got beat to death which by my calculation was caused by the dyckin around that Canada has done to hogtie the retailers and dispensaries.  Investors are recognizing value in Aurora and it is another progressive player picking up critical pieces for future benefit.  Right now it is CBD which is the segway for companies to build out while they wait for unleashing of marijuana as a new vice for adults.  The playing field is very skewed by comparison to Alcohol but obviousley investors sense that this is going to be corrected, albeit, with caution and delay, just like is happening in Canada.  glta and dyodd
Comment by broster on May 21, 2020 3:00pm
just like weed robbing the people that got them to were they were ,joke
Comment by geodcan on May 22, 2020 7:07pm
Investors crossed the line and bet on irrational exuberance rather than tried and true traditional assessment methods and it wasn't just in WEED or ACB.  It was pretty much across the board of all the pot stocks.  Company management can contribute to the direction of the shareprice and maybe ACB and WEED ran with the herd of sheeple investors that stampeded the price up.  There ...more  
Comment by Ronsade on May 22, 2020 7:38pm
This post has been removed in accordance with Community Policy
Comment by geodcan on May 22, 2020 7:45pm
good link to help explain Canopy Acreage deal. https://www.canopygrowth.com/canopy-acreage-deal/
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