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Had to jump ship...glta
Hey Clay lemme get my money back!!!
Blue sky...theyre going to make a lot of money the next 2 years for sure!!!
They are their own brand and I'm pretty sure they supply themselves. If you watch the presentation it's very informative. He says they plan on having almost 70 locations by the end of 2019.
Well hope everyone has a good weekend. If nothing else it's been an entertaining week. I'm happy just to be even when it's all said and done lolzzzzz
haha yeah...got out before the opening bell @$9.25 while I was out fishing
yeah crazy but I'm pretty sure that's going to be a few years out
so its sitting right at it's average price target of $9.15...this is a safe investment just not very profitable for investors buying at these levels...longs did good who bought in early but there doesn't appear to be much meat left on the bone for anyone else at the moment so it's hard to leave money in it. there's no doubt they are super ambitious and will more than likely be the king of the cannabis but that's only good for them right now. glta
So 8,000lbs @$500lb is $4,000,000 seems exciting but how much will it cost to get started to make a possible 4mill a year?? Is it even worth it???
AAA!!! Aurora...Apple...Amazon!!! ACB!!!
Back in $8.90 the Germans are coming!!!! ACB!!!!!
One thing that large corporations are good at is managing risk and this sector is basically 90% risk to LARGE American company's. Especially a huge debt filled company like ACB. Let's say a large firm acquires a percentage of ACB...what will that company do with the money if they make a profit??? I would say there are a few laws that have to be amended first before ACB sees a partnership in the USA.
If they were gonna partner anytime soon they would not have needed the 750 mill...they have 24 months to execute that 750 mill...seems they blowing smoke in the shareholders direction.
What's a pound of the cheap weed worth these days??? How about the best weed??
Profotability which was their key selling point will not happen for at least 2 years now with the way they keep borrowing money. curlf already locked down cvs and walgreens the two largest drug stores in america not to mention the largest retail chain in america...acb will have to move to Germany to borrow more money cause north America is out of money to lend them lolzzzzz
ACB and shareholders making executives rich rich rich while the rest of the world expands and passes them hahaha good work if you can get it i guess :(
One right down the block from me...they sold the first legal weed here in Florida and are in 800 cvs...whew 9600 CVS in usa...lots of potential.
They waited too long now nobody wants to partner up...that Cam dude is about as arrogant as they get now they gotta hire people to search the ends of the earth to find someone to make a deal with lolzzz greed is a bad thing and looks like it will be ACB's downfall
I'm a bit of a financial connosier lolzzz
Stocks need new investors to go higher especially ones with a billion shares and hitting new investors with possible warrants in the future is not very appealing for holding long term right???
Peltz kicked shorts off the train all the way to $10.50 you're right...down quite a bit from there though...lets just see how long it takes before they bust out that 750mill...thats not even enough to give every shareholder a dollar lolzzzz
V's decision was before the almost 1 billion dollar loan decision tho.
Blue Skyyyyyyyzzzzz!!!!!
Almost 10,000 cvs stores in the USA...haha how can you not win!!! Largest retail footprint also...cant wait to see the next quarterly report!!! CURLF ;)
Peltz will get paid they will raise some cash and shareholders will still be stuck propping ACB up...7 to 9 dollar range stockholders are footing the bill for the next 5 years
When they announce a partner they will dump all $750 million guaranteed
holding up?
Every dollar they make is borrowed lolzzzzz and it sounds like that will be the case for many years to come :(
Too big too fast :( they'll be chasing and borrowing money however they can for the life of the company.
Appears greed is showing up...
84 million more shares added at the current share price possibly...what would that do to the current price? 6s 7s 8s???
A billion dollars in debt possibly!!!! hahahahahahahahhaaha that's a lot of olives!!!! holy smokes...what's next 1.5 billion dollar loan from Austin powers??? it'll take them 10 to 20 years to cover all this debt...how much competition will they have by then...i dunno seems like a kick to the shareholders face to me but I guess we will see how the market reacts tomorrow. it's starting to get worrysome because you know all these company's are not going to make it right...and they have all borrowed huge sums of cash...whats the long term affect of all this money being borrowed and possibly never paid back???
Shelf Prospectus. ... A primary advantage of a shelf prospectus is that an issuer fulfills all qualification-related procedures beforehand, so that it can offer securities quickly when funds are needed or when market conditions are more favourable.
Anyway you slice it, it's still putting more shares into the market...
750 million in possible future warrants...come on ACB...when will this stop 2 3 5 10 years...sorry for all the longs here...you guys have propped this company up and hopefully you made a good profit but this news is at the expense of the common shareholder...good for Peltz bad for you. it's a shame...hopefully it all works out for ya...im moving on. glta
I mean if they exercised the full amount wouldn't they be like a billion dollars in debt??? haha am I missing something????
maybe zyne will purchase some of acb's supply?!?
$750 more million in debt...jeez!!!