Post by
geodcan on Nov 03, 2020 6:37pm
Canopy moving from NYSE to Nasdaq
interesting timing. Can any shareholders here see that Acreage is going to be a monster when the trigger gets pulled. We are going to need a lot of cash to build that monster because I see it being 10x the size of what we are doing in Canada or more because Canada has a ton of magic ingredient and safe, inspected and licensed producers all mired in liscensing problems for retailers and dispensaries and some crazy possession limits and brown paper packaging for products that don't seem to be able to advertise freely, or at least as freely as the US. Canada is already loopholing their brands into the US market, keeping in mind that we can't touch the product. Good thing IP, recipes and know-how can be utilized without touching the product. Canopy has some skus and several brands from that IP. They have also announced serious intentions for expanding their highly successful beverages to the States through Acreage. I can see that 28 million fitting the bill for a bottling plant. I think Tinley spent about $20 million on theirs for production of infused thc beverages and they say they are having great success with consumers. Canopy says the same for their line of beverages in Canada and some of those beverages are getting up to $10 for a ready to serve. Can you say gamechanger? Only believers need to apply. glta and dyodd
Comment by
LIVESTREAM33 on Nov 04, 2020 12:23am
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