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Re: idiotsavanti post# 1157

Wednesday, 04/22/2020 5:27:17 PM

Wednesday, April 22, 2020 5:27:17 PM

Post# of 1376
Hopefully because it has been so beat down. I would say overdone, either by disgruntled investors, margin players or some deep pockets trying to change the odds. I'm not saying it was worth the $30 ish that it was flirting with but they are selling product and improving the numbers. Oh, and there is also that Canopy Growth deal that is inked with a nice sweetener in it. That deal was valued at over $3 billion and 300 million already went into Acreage shareholder's pockets. Don't forget that the real guys in the driver's seat are Constellation, the multi-beverage company that are a money making machine with cash availability who saw that their future included marijuana and hemp value added products and very likely includes beverages, because that is what they do best. Unicorns buying unicorns to be the big dog unicorn on the block. The type of management these companies have in their think tank makes them successful and maneuverable. I guess maybe that regular investors are recognizing the potential of this company and it is showing in the sp. Then there are also rumblings of the US doing what is necessary to launch their greenrush.