Post by
geodcan on Feb 23, 2021 5:30pm
Somebody liked the news or just felt that it was time to
plunk down on Acreage fixed. 15% uptick on a shyteeeee day for pot stocks. Lots of potstocks still getting rightsized for evaluations while we wait for the US greenrush triggering event to get investors going. I'm still thinking golds and greenrush plays and gold is seriously manipulated by government and big money. Throw in an Elon pump for bitcoin vs gold and that leaves us with a hopeful new industry of marijuana and hemp. We need an Elon pump for pot to get things going. I keep envisioning that post of him firing up a rocket, not the Space X kind but the marijuana kind.
It seems that the latest Democrat bill proposal for Corna Cash has dropped their effort from their previous bill to kickstart the greenrush with descheduling pot from the Feds, Banking or SAFE Act. I guess feeding the electorate is more important than getting high.
Maybe smart investors are starting to change their mind about Acreage and their deal with Canopy. glta and dyodd