Acreage Holdings Inc (ACRDF)

[Moeclay]

Isn't Acreage getting $300 million from Canopy next week?

If one buys before June 26th do they get the $2.63 per share premium? If so, this is a win win...a free $2.63 per share. I see the stock jumping hard next week. Notice how news of the Courts approval came after hours...

"SMITHS FALLS, ON and NEW YORK, June 21, 2019 /CNW/ - Acreage Holdings, Inc. ("Acreage") (CSE:ACGR.U) (OTC: ACRGF) (FSE: 0ZV) and Canopy Growth Corporation ("Canopy Growth") (TSX: WEED) (NYSE: CGC) (together, the "Companies") are pleased to announce that Acreage has obtained a final order from the Supreme Court of British Columbia approving the previously announced arrangement under section 288 of the Business Corporations Act (British Columbia) with Canopy Growth (the "Arrangement")."

I feel sorry for any shorts who didn't cover today. Monday you'll pay. LOL

It would be nice if Monday's opening price matched the $300 million payment; i.e, today's closing market cap is $1,183,282,653. Add $300 mil to that for $1,483,282,653 divided by 61,309,982 shares outstanding would give a pps of 24.19...a $5 per share premium from today's closing price.