Acreage Holdings ACRGF

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[geodcan]

The terms seem a little high even for an almost forgotten about stock but progressive management arranges financing options in the event that nobody else will come to the table.  You can't take the risk/reward factor out of the deal.  I honestly think investors have forgotten about the deal with Canopy which was struck at a time when acquisitions were getting handsome premiums.  Acreage is doing what is necessary to move towards a money making enterprise but have the same knee on the neck mentality from government and policy makers that are fearful of making mistakes in enabling a new vice.  Multi State Operators like Acreage have their hurdles and obstacles multiplied by the fact that they are doing business in several states, all with different rules and regulations, plus the fact that individual States are proprietary at the present and each want their own control.  It would be a lot simpler for the US to do the work to get their legislation straightened out to allow Interstate transfer of products so centralized production of cannabinoid goods could happen and of course levelling the playing field with all the other companies like Big Alcohol, whos lunch we are trying to eat for normal business tools like banking and brokering.  Some brave Americans aren't willing to wait and are relying on State law to protect them from Fed interference in regards to their green investment.  Try to get your head wrapped around how much money is waiting to flood into the US greenrush when the governments all get on the same page in regards to new legislation to move towards the will of the people.  Smart progressive companies secure financing when things are good just like private investors do because when things are bad, the lenders don't want anything to do with you.  Nice little uptick today, moving in sync with Canopy.  glta and dyodd

[Ronsade]

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