InvestorsHub Logo
Followers 5
Posts 443
Boards Moderated 0
Alias Born 09/04/2013

Re: None

Tuesday, 12/05/2017 11:50:49 AM

Tuesday, December 05, 2017 11:50:49 AM

Post# of 2523
ACAN has one of the lowest number of shares outstanding of any of the public cannabis companies—22 million with no cheap options or toxic debt total shares versus 300 million to over one billion for many of them. ACAN has a very well structured capitalization because the management knows the capital markets and what it takes to grow a company.

Also, the founders and management of almost every public cannabis stock have sold a large number of personal shares through Form 4 (management stock sales). ACAN is one of the only where management has sold none of their shares in almost 4 years. (Look it up)

And management has invested almost
$5 million of their own funds in ACAN.

This company is poised for a very big 2018 and beyond as cannabis prohibition is ending and Massachusetts is going to be the second biggest state for legal cannabis growth exceeded only by California.

The chart looks great and If it trades above the all time high of $5.50 it will attract a a lot of investor interest from all over the world. $ACAN
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ACAN News