Thursday, May 21, 2020 10:31:44 AM
Even ACB, though it’s a textbook all-share deal, it’s at least good to see SOME activity in the US ... finally. Banking banking banking has been a pain in the ass for this biz between here and the border and Canadian banks as well as LPs have been sheepish on getting involved in the US for fear of disrupting relationships with major US banks... understandably so.
But even in this climate.... ACB needs more CASH and $WEED has CASH and the distribution network already in place. All said and done, I’m a “perma-optimist” so I want these companies to be successful.... as an investor/trader I have different sentiments on how these have been (mis)managed. But $WEED is sure doing a bang-up job..... I want to get OVER the 200dma AND see a $42 gap fill (I think it’s right around there) if it can really ride the momentum.... but near term we gotta get over $27!!! Have a good day !!!
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