Post by
Homestretch4me on Apr 22, 2022 2:48pm
Acreage and Terrascend
are killing it stateside. Go on twitter and check out the videos of the crazy lines in New Jersey. Acreage and Terrascend are two of a handful of MSOs that can sell recreational cannabis in New Jersey.
Just wait until Canopy can start to report everything they have spent money on. Canopy has the bankroll to ride out this storm. Cash burn????? I think not. Acquiring assets is the correct term.
Here is some great advice from the former CEO of Canopy Rivers/Riv Capital.
https://twitter.com/narbe87/status/1517503126118584320?t=E8KROMkF85fzaTLPjrHF9A&s=01
I know its tough to hold through thus downturn but don't get fooled into selling. It would be the biggest mistake of your life.
Just look at the momentum in the USA. A major push for legislative change is under way right now. Don't forget that republican Nancy Mace introduced the More Act. Republicans are getting on board. Cannabis store robberies are adding additional pressure and are a black eye for Schumer and company. He has to act. It is so close, you can almost taste it.
I will be here at the finish line, will you? I know some people that won't........ ; )
Comment by
WestCoast78 on Apr 23, 2022 3:11am
Lots of good points, safe in competes has a real shot. Lame duck otherwise. Chuck will never get 13r's. 3 D's say full-blown legalization. He is all show. His bill is basically a PR stunt for the midterm elections. Everyone thinks that now. Let's go safe in competes and let see hard pelosi pushes.
Comment by
Homestretch4me on Apr 23, 2022 5:30pm
IT'S COMING More and more pressure each day. https://twitter.com/stock_mj/status/1517833875065556997?t=L_KfHSblyrw3PxM1-vbmFA&s=01