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Huggy Bear

08/03/16 8:53 PM

#7389 RE: Tropical1 #7386

At some point it will hit critical mass and have enough
Profit to pay off whatever debt they have.



At some point the debt converted will hit critical mass and all investment will be wiped out.

ACOL is a train wreck, and the real carnage has not begun yet.

stat_of_the_day

08/09/16 9:14 AM

#7398 RE: Tropical1 #7386

Hey Tropical, thanks for responding. I was on vacation all of last week, but I agree with you on your post. This is a long term bet. It will be interesting to see if the DEA brings cannabis down to schedule II. In addition, there will probably need to be Democratic leadership at the president level to ensure the path towards full legalization. It is no surprise that Republican and alcohol industry are against full legalization. Colorado will earn approximately $98 million in tax revenue this year. Other states will see that, and there are many states that are much larger than Colorado. With economic hardships that many states face, state legalization will occur more often in the near future. Just think of California legalizing this fall, could hit 1 billion in tax for the world's 5th largest economy in the next few years. People will need their medtainers :) :) :)

What would be great (looking at you Acology executives), is to pitch this product to big box stores for the palliative care aspect. Imagine seeing medtainers in Walmart pharmacy isle for the old people to buy along with their prescriptions.

What scares me the most in the near term, is debt. The share structure is crap, and I really hope the debt is not converted and dilute us to all holy hell.