Canopy Growth Corp (WEED)

[SHOGOR]

Can somebody help figure out this Canopy Rivers deal?
So if Canopy Growth laid out 20 million at a time when there were
165 million shares outstanding, thats $0.121212 per share.
Then Canopy Growth insiders buy into Canopy Rivers for another 26 million
at $1.10 per share. So does that mean we shareholders of Canopy Growth
own $0.121212 times number of CGC shares held, divided by $1.10, equals how many shares we should get if this Canopy Rivers goes public ? If not, why not?