Post by
geodcan on Nov 29, 2020 5:28pm
Acreage is getting some
recognition and good posts over on the WEED/CGC board today. I've kept putting reminder posts of the Acreage deal with Canopy without much conversation or debate but today I got the feeling that they are listening and possibly senses a nod or two of approval that this exists and is viable. Even on sale, subject to my math being correct and shareprices remaining relative to one another. There's a lot of moving parts, ifs ands or buts but also real intention backed up by a lot of effort and research. Canopy could have easily walked away from this deal or outright just bought us out when we were flirting with the dollar and half range but instead they revisited the deal they had inked. That is a show of good faith and intention! They are also doing branding deals for Acreage to launch Canopy brands with heavy emphasis on beverages that are doing very well in Canada and they expect the same for the US. Beverages are high margin, profit makers and they turn over rapidly. They are also cannibalizing other forms of ingestion especially smokable products. glta and dyodd