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Re: None

Tuesday, 02/11/2020 3:36:03 PM

Tuesday, February 11, 2020 3:36:03 PM

Post# of 70335
ACB Entry Points in the $1.50 Range are soooo tempting.

I mean, ACB hasn't traded in the $1.50 Range since way before Adult-Use Cannabis was legal in Canada.

But ACB has diluted it's shareholders by about 900% since then - so that needs to be factored in.

I am very Bullish on Cannabis over the long-term.

Cannabis is a wonderful plant and I LOVE every aspect of it.

However, the problem is: How to invest in Cannabis without losing your a@@.

Personally, I think the answer is to identify the "tightest" Cannabis Companies around that have the most "bullet proof" Balance Sheets.

When I see the CEO of a Cannabis Company driving his new Lambo that the Company leased for him/her - I know that is a sure sign to stay away.

Instead, I want Cannabis CEO's to be sweating every dime like it is their own money. Or better yet, I want CEO's with their OWN MONEY in the game.

This BS of the CEO running the Company into the ground and then pulling his/her Golden Parachute for $30 Million just doesn't bode well with my investment style.

Just venting...



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