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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

Acreage Holdings > grabbed a
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Post by geodcan on May 25, 2020 6:05pm

grabbed a

40c uptick today on the CSE.  I think the thrashin' we got was overdone and we seem to be doing ok while other MSOs are in serious trouble.  After seeing what has happened in Canada with delays in allowing retailers, I got the understanding that time is the enemy.  I sense that the same thing is happening in the States and the cost is going to be failed businesses who are relying on and budgeted for shorter periods of time than it is going to take.  This pandemic is making cash king and some investors don't see that the greenrush might be the silver lining in the cloud and getting financing and raising money is tough for fledgling businesses as it will be for failing MSOs.  The deal to deal when allowed is Acreage's ace in the hole and the fact that the other partners have money in the bank and a bigger plan.  ||Progressive and not reactive, making the future happen, by involvement and helping to write the rules for this whole newly almost legal business to thrive.
Comment by Ronsade on May 30, 2020 8:43am
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