Acreage Holdings Inc (ACRDF)

[geodcan]

\I guess it depends what u see in an investment. The price beatdown on this company has been relentless as have most of the other MSO's. The deal is with Canopy Growth who are a leader in the pack. I will never say too big to fail because I plunked my money down on Nortel but I don't think that is the case here. The fact that Canopy inked that deal for some time in the future for Acreage and all of its parts means that they saw value. Reality is harsh and Acreage is dragging anchor pricewise which sweetens the deal for when Canopy takes the reigns. Canopy did ink a deal at a premium as did everybody else on the acquisition trail. The massive beatdown in sp for all of the greenrush stocks is going to separate the buckwheat from the bs but both these companies are making strategic moves to preserve capital and build value. Acreage is the route for Canopy to lock up some assets in the US and when the way is cleared for Canopy to assume Acreage's assets and shareholders it will have to maintain the upside potential for Acreage shareholders. The road to legality is not a straight line and I'm not sure the US has got it right letting the Feds overhang and frustrate their bona-fide marijuana and hemp businesses with threats of losing listings, investments or even criminal charges. A lot of those MSO's have ipo'd in Canada on the CSE so that investors can invest in them and must feel confident that State law will protect them from Fed interference but it would make it a lot easier for the Feds to step into the current times and do what they need to do. There will be a few winners and a heck of a lot of losers. I just don't see the Constellation/Canopy/Acreage on the loser list.