Acreage Holdings Inc (ACRDF)

[geodcan]

If you are talking about my crack at where this is headed, that was hypothetical. This was my biggest cash outlay I have ever made for a stock purchase but it was house money from Canopy. I got too excited and my break even is at $6 so if it cracks out the way I understand the deal I should be ok. I am really struggling to not keep averaging down at these prices and I do feel that a triggering event could launch Canopy back to its old highs of about $60US. Acreage is the prospective partner for Canopy for US expansion and I wonder if it would have been hammered so hard if they didn't dividend out $3 per share from the first Canopy deal. At any rate Canopy is still picking up assets, outlets and cleaning up the garbage and their beverages are doing well in Canada and they have cut a deal with Acreage to get them going in the US with a big push on. Beverages are going to be the big revenue stream for potpreneurs and there are a ton of potential manufacturers sitting on the sidelines wishing they were getting their formulations on shelves which is slow going because of the strangulated laws and regulations. Sorting out legalese is time consuming and difficult and a triggering event would be welcomed by all of the players and greenrush investors. Another one of my pot investments just announced a powdered beverage release today which was a surprise to me because they had a prototype of a rts one. Seems to be a market for that too for ease of packing. At one time they tried pushcaps full of thc and cbd that you added to your favourite beverage or water choice. Canopy through Acreage is focused on beverages and are already talking about cbd rts where allowed. Canopy beverages are new and exciting in Canada and usually out of stock. They have already sold over a million cans and climbing and they haven't been allowed for long. V.NU has eyes on California and Japan and Tinley is already a licensed thc bottler in Long Beach Ca with a great looking line and apparently loved by those who have reviewed them. Canopy's beverages seemed to be rushed with a lot of room for improvement in flavour and effect but they will get there with time or they will swallow up somebody who has successful drinks. The point I was trying to make when I strayed away was that beverage options are going to be gamechangers and could rapidly change the shareprice of Acreage when they hit the shelves.