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Re: -Kush- post# 82417

Wednesday, 08/15/2018 8:20:31 AM

Wednesday, August 15, 2018 8:20:31 AM

Post# of 128522
WOW
May as well say we are owned by Constellation brands

As part of its investment, Constellation is receiving 139.7 million new warrants which are exercisable over the next 3 years. Of those, 88.5 million are exercisable at a price per share of C$50.40, a 43.0 percent premium to Canopy's VWAP, and 51.3 million are exercisable at the VWAP at the time of exercise. If Constellation were to exercise all existing and new warrants, its ownership would exceed 50 percent.