Investments and Acquisitions are big on my radar to understand ROI versus their pot production. Many think of cannabis as the “green stuff, lol”; however, with 15 acquisitions over two years and one pending - growth guidance should elevate $ACB to more than just some stock with an inflated market growth because of it’s reference into the cannabis business and sector.
In my opinion, the company has played itself very diligently with making those investments early in their path towards up-listing and brand recognition. I believe many will be caught off guard with $ACB as everyone (talking heads) continue to point towards Canopy Growth.
Expect significant volatility and swings up-and-down. Don’t focus on your P/L when this happens - focus on what’s happening at time and price as support and resistance try to identify it’s footing.
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