Post by
geodcan on May 24, 2020 4:33pm
U don't know what u don't know
and Acreage seems to be recognized as a crashed company or not recognized at all by investors. The tide is turning with more revenues to offset heavy investments in infrastructure caused by policy makers creating roadblocks or inability to get things done to swing the doors open to allow a flourishing greenrush. US MSOs are doing the best they can to get an edge using every angle they can to get cbd and legal rec and pharma pot into their marketplace in a country that still has dry States, Countys and Parishes. The nimby effect is alive and well across the Nations but there is also a good lobby for a new safer vice and their is little dispute over pharma use. I don't know if Acreage is sidelined in investor's minds for the hard time and hammered shareprice that it has experienced or in the case of Canadians, the arbitrage between the C$ and US$. I don't think most investors understand the deal that is inked which seems pretty sweet to me as things stand sharepricewise right now. If Acreage runs ahead of Canopy by 40 or 50 % when the triggering event happens, it won't be such a good deal and those involved probably won't let it happen. I do see more volume and some appreciation in the sp of both companies which bodes well for new legislation in the US to start their greenrush. I think we are closer to this than most people want to think because I think it could be the Ace in the Hole that might win an election and consumers/voters want it. Pot companies and golds might be the only game in town as I see traditional blue chips looking at a serious correction. glta and dyodd