$ACGX Cannabis Packaging patent (China manufacturer)
Post# of 72711
Marijuana/Cannabis packaging is going to be regulated under a microscope and necessary for all dispensaries. This day and age of black market bags of pot is over. Like any niche market, companies that are sussessful in parallel products are first dibs on the new technology opportunities. Read the qtrly report and you will see ACGX is going aggressively to capitalize on Cannabis product packaging. They already do this outside of Cannabis and are profitable.
Anyway, this is @ 52 week lows because of a herd mentality taking profits in 2014, dilution for debt and some tax selling. If there was a time to buy, i would say its NOT far from that reality. Acquisitions are about to be PR's and the dynAmics of this company will change over night.
GLTA