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Cgc has already bought the rights to acreage. The bonus money will come to our accounts next week. Consider that stz has more board seats than canopy on the canopy board. Rob Sands is full time behind the scenes now at canopy. What we’re looking at from an organizational perspective is stz/cgc and acreage consulting and cooperating on all aspects of canopy and acreage.
All canopy and acreage need to pull the trigger is the ok from nyse and tsx. That is the bottom line. “Permissible” is the word. STATES act or the banking bill would do it.
Yes they do!
$100 CAD sp prediction by eoy from twitter trader.
$WEED will see $100.00 / share (CAD) this year.
— James Bond (@capitangains) June 26, 2019
Nice plan! I’ll be watching for a good entry with the bonus cash.
and Giddy :)
Extractor facilities in the newly legalized Illinois :) Might fit nicely in the acreage scheme.
Oil, gold gold.
Peeps where already joking about free bags of broken pieces of chocolate ala the Hershey’s era :)
Right back at yah. Thanks
Lol. Thanks. Those 10+% down days make me whiny.
Thanks for taking the time. Much appreciated.
Thanks. Nice explanation.
Ay carumba! This deal will probably not be replicated. I’ll get back just about what I lost today from the bonus.
So much info. Thanks for having posted it. 5 years at this parti time. Still a newbie.
The difference between $17 and $28, right? But does the price of acreage really matter when it comes to conversion? I’d hate to see my balance go down upon conversion because Canopy was going cheap at the time.
The conversion chart is in the management circular. I think around $28 US is the agreed upon price. As I see it though my real question is the price of canopy at conversion time. We’ll see some more dipping and weaving at that point. Would help if it was a lightning announcement eod or something.
Jeez. Would have been nice for that little tidbit to be added to the news releases.
The higher the cgc/weed price at conversion the better.
Thanks!
Annual meeting here today? My dd so sucks.
I think the stock, not just the money settles now after asking around. So yeah this is the divy sell off. I’m just hoping it sticks at this price when the powder settles from the divy. Reinvesting it back to acrgf.
Oh ok. That sounds like the last word on it. Twitter agrees. I was so wrong. I hope no one got hurt by that. Thanks.
Notice to count?
I suppose I will benefit from the confusion on this deal. I converted all my cgc to acrgf and I’m reinvesting the divy back into acrgf for the eventual conversion back to cgc.
I’m a little confused myself. I was under the impression the count was after close tomorrow.
Why peg it to yesterday’s close? It’s tomorrow on the share count. $2.63 off any random number. Looks to me like traders ran it up yesterday and collected today.
Still two separate companies. Traders may be discounting it.
Canopy is supplying the money not acreage.
We’re getting the bonus per share regardless of stock price.
It came out yesterday and we actually got a bump out of it as well as canopy. https://mjobserver.com/investments/acreage-holdings-inc-files-prospectus-to-raise-800-million-usd/amp/
It’s the grow :)
Sorry. If you’re still asking acrg is authorized to issue up to 58 mill shares and some more for specific acquisitions as part of the deal. It’s in the management circular.
Acreage offering gets us both a pop. $800 mill US. https://www.sedar.com/CheckCode.do
Did not think we would see green today.
They said approx $2.63 US in the release up top.