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Shares are counted at close Wednesday. Payout about July 2nd
acreage giddy lol
We have a 13% stake in Auscann and and supply agreement with medipharm :)
EXPORT NEWS: MediPharm Labs Receives Permits and Successfully Ships First Medical Cannabis Concentrate to AusCann Holdings Group Ltd., Australia $LABS $MEDIF $MLZhttps://t.co/Be8t5YZcxt
— MediPharm Labs (@MediPharmLabs) June 24, 2019
It would still be a bit complex. Oregon passed a bill to allow cross state border cannabis trade. That would mean quite the patchwork of state laws. Being able to form a national financial web with money crossing borders is first priority. https://www.bizjournals.com/portland/news/2019/05/15/cannabis-export-bill-passes-oregon-senate.amp.html
$34-36 just isn’t that low in the scheme of things.
The weed can be grown locally Np. It’s moving the Money that’s important. Profits need to cross state borders, not weed.
Bob! sup
Word “Your employees are the face of your company and every one is an ambassador for your business.”
I would think. Lots of people just don’t get this deal though.
No one has been borrowing my acrgf to short. Not sure about the Canadian ticker.
Sell one cgc at $47. Buy 2.46368421 acrgf at $19 . Re-invest acrgf bonus money, $6.50578947, back into acrgf stock at $28 (to be fair), gain point 23234963 acrgf shares. Total of 2.69603384 acrgf shares. At the close of merger .5818 cgc shares per acrgf share=1.56855249 cgc :)
I would agree it should pop mon-wed next week. Shares are counted at close on the 26th
I have a screen shot of almost every trading day since oct 4th 2016. twmjf closed at $3.46. I’m thinking poster some day.
$2.63! Those 100ths add up lol
I ride Damien’s coat tails :).
Sell one cgc at $47. Buy 2.46368421 acrgf at $19 . Re-invest acrgf bonus money, $6.50578947, back into acrgf stock at $28 (to be fair), gain point 23234963 acrgf shares. Total of 2.69603384 acrgf shares. At the close of merger .5818 cgc shares per acrgf share=1.56855249 cgc :)
Mon-Wed next week should be some interesting trading, haters.
Excellent:) I’m reinvesting the bonus in acrgf as part of my evil plan to gain 50% more cgc than I initially sold to go all acrgf. I did it at $47cgc/$19acrgf, just to piss everybody off :)
They count shares on the 26th. “Holders of Acreage Shares and certain securities convertible or exchangeable into Class A subordinate voting shares of Acreage (the "Subordinate Voting Shares") as of the close of business on June 26, 2019 , the business day immediately preceding the Initial Effective Date (the "Record Date"), will be entitled to receive their pro rata portion (on an as converted to Subordinate Voting Share basis) oUS$300,000,000 (the "Option Premium”)”
I had to count it on my fingers, but yes :) ““Acreage and Canopy Growth anticipate implementing the Arrangement on or about June 27, 2019 (the "Initial Effective Date").” “Premium will be distributed to such holders of record on or before the third business day following the Initial Effective Date. Pursuant to the payment of the Option Premium, each holder of Acreage Shares and certain other eligible holders of securities exchangeable for Acreage Shares will receive approximately US$2.63 per Subordinate Voting Share (on an as converted to Subordinate Voting Share basis), with the final amount to be received by each holder determined based on the number of Subordinate Voting Shares into which all of the eligible securities would be converted at the close of business on the Record Date.”
Sweet eod acrgf pop!
I couldn’t have held cgc this long without holding hands here and Twitter.
Lolz that acrgf is down a lot less than canopy. Even in a sell off people don’t get the deal. Stz should be tanking too. Stz/cgc and acrg for all intents and purposes are already one company.
Bruce using the A word “Bruce Linton: What Canopy is doing is like Amazon's growth strategy” http://www.bnnbloomberg.ca/video/bruce-linton-what-canopy-is-doing-is-like-amazon-s-growth-strategy~1713018
Hoping for a close over $12
Close over $40 US would be nice.
Still got buyers
Pre market bounce is in lol. 350k shares premarket volume
Battle hardened as we are :)
The Wolf speaks “Lastly, try not to worry too much. $cgc will see $50 again $acb $apha will see $10 etc remember summers suck, fall things pick up and the new year is for taking profits, just try and listen next time March rolls around...” https://twitter.com/wolfofweedst/status/1141907945204191233?s=21
Soooo. Looking to see how acreage responds today.
A balanced response. The sky has not fallen just yet. https://www.fool.com/amp/investing/2019/06/21/canopy-growth-q4-results-the-good-news-and-the-bad.aspx
Not seeing that. Went from 1000-3000 employees in a year. I do see $93 mill in share based compensation. I’m all for that. Invests the employees.
“ The year-over-year loss is largely reflective of the investments made in fiscal 2019 sales and marketing, and general and administration costs as described above.”
Oh right. I’m just such a greedy weenie I’ve not been trading this so I can be sure to get every last wooden nickel.
$2.55 US minimum. Graph in management circular lays it out.
Lol. I’m reinvesting the bonus into acrgf. More canopy more canopy more canopy.
I posted a good article yesterday.
I guess today’s sellers already made at least $2.55 per share?
NY Hemp Park trademark application. Pretty cool logo at the top. Not to mention the list of goods and services.
Canopy Growth $WEED $CGC pic.twitter.com/8m5juO1szV
— Paul 🔴 (@PresumablyPaul) June 19, 2019
Happy happy!