Acreage Holdings Inc (ACRDF)

[happyglass]

I am sorry but to judge a company by these metrics this early in the game is unreasonable. Constellation okayed the deal knowing full well that in this political climate and not even out of prohibition. They understand that building this company in this way doesn't make the big bucks over night. Bruce stated that when they first proposed the big investment. The alcohol industry loses market share where cannabis becomes legal. Constellation knew this so they are taking a small hit now to make huge gains later instead of sitting on their hands and waiting to be overtaken. Yes I know they technically have been able to sell their product for a while but they have not been actually able to sell much of anything yet. The crap rollout in Canada and the nightmare in the USA make this a business like none we have ever seen. Every business you vetted in your career could use a bank and did not have to hire Brinks and security just to do payroll. I dumped Aphria and Aurora both because they were focusing on profit before there was any business at all. Canopy has always had its eye on the long game and while the rabbits scamper the mighty CGC/ACRG/STZ turtle will plod on