Sep. 19 at 1:28 AM
$ACB ACB spent some over
$6 billion Cad to become where they are today - under
$350 million annual sales , No debt. Maret cap of
$245 million ( after curaleaf offered otherwise it was some 50% of today's value )
$CURLF spent some
$3 billion to #4 billion USD to build biggest MJ company , and has some
$1 billion debt. Annual sales close to
$1.5 billion, However Schedule 3 will give them millions of $$$ tax refund based on how many years it goes back and collect that amount - where as ACB will receive nothig.
Does ACB management thinks that they will get to
$1 billion sales any time soon? No chance.
Shareholders will gain more with Curaleaf - ACB management is simply making millions off the shares they are issuing. Shareholders needs their invested money back with profit - their priority is their money and not the salaries of CEO and board members.
wake up - kick out $$$ hungry management.
