CV Sciences Inc (CVSI)

[Wolf-man jack]

Super Trader Thank you for the lead on this article.

You asked how much you think Canopy or any other entity would offer for CV sciences. Here is the offer from Canopy to the shareholders of Acreage Holdings proposed merger.

Acreage shareholders will receive US$2.63 in cash

0.5818 of a Canopy share for each Acreage share they hold.

The deal is currently worth US$26.32 per Acreage share or about US$3.1 billion. That’s about US$10 above Acreage’s current stock price.



The Deal to the Acreage shareholders is a 61 per cent premium. The 3.1 Billion offer is 4.3 X the Market Cap of 715.68 Million. If we use the Market Cap as a reference in comparison with the ACRGF and CGC deal of 4.3 X the market cap would come to $16.93 per CVSI Share. Using the 61 per cent premium, the pps of CVSI would be $6.42. Lets compare CVSI to CWBHF current share price of $14.30 and use the 61 per cent premium. The pps would come to $23.02. The $16.93 should be close to the offer that should be made to the CVSI shareholders on the same basis.. This is just an estimate on my part. There are so many variables to consider and I am not privy to valuation analysis. jmho

At $16.93..The deal would come to 1.67 Billion. At $12.00 a share 1.184 Billion.
Like I said...your guess is as good as mine.





At current price of $16.47 (ACRGF)++++ $3.99 (CVSI)
The Market Cap is $715.68 Million ++++ $393.94 Million
43.43 Million Shares Outstanding ++++ 98.66 Million Shares Outstanding
57.38 Million Shares in the FLOAT ++++ 87.37 million Shares in the Float

Revenue $31.82 Million------------------$55.08 million
Total Cash $139 Million-----------------$13.64 Million
Total Debt $20.8 Million----------------$5.58 Million

Price per Book $3.41--------------------$12.71
Price per sales $22.49-------------------$7.15
Enterprise Value $1.49 Billion-----------$379.66 Million







Acreage Holdings Inc. has some “head-turner” acquisitions in the works now that its planned sale to pot giant Canopy Growth Corp. has been sealed, according to the New York-based company’s chief executive officer.
“There are going to be some really exciting ones, I think some head-turners, some people are going to be like, ‘Ooh, wow, that’s amazing,”‘ Kevin Murphy said in an interview in San Francisco at the Players Technology Summit presented by Bloomberg.


The unusual plan of arrangement between Canopy and Acreage, which closed Thursday, is contingent on cannabis becoming federally permissible in the U.S. For now, Acreage shareholders will receive US$2.63 in cash and the company will have access to Canopy’s intellectual property and brands. If the deal closes, investors will receive 0.5818 of a Canopy share for each Acreage share they hold.
The deal is currently worth US$26.32 per Acreage share or about US$3.1 billion. That’s about US$10 above Acreage’s current stock price.

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https://business.financialpost.com/cannabis/cannabis-business/acreage-nearing-head-turner-acquisitions-post-canopy-deal-ceo


Acreage nearing ‘head-turner’ acquisitions post-Canopy deal: CEO
Acreage Holdings Inc. has some ... will receive US$2.63 in cash and the company will have access to Canopy’s intellectual ...