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Re: RigorousGains post# 906

Monday, 10/21/2019 8:50:10 PM

Monday, October 21, 2019 8:50:10 PM

Post# of 1375
The potential gain has stayed around 50% for awhile. It’s really about how many acreage shares you have and the canopy price at conversion. The acreage price really doesn’t figure in unless you are buying or selling it. At today’s prices if the deal was triggered the math is, in US dollars, let’s say 10 acreage shares. 10x.5818=5.818 cgc shares. Those 10 acreage shares are worth $58.738. The 5.818 cgc shares are worth $118.396. That’s a $59.65 profit. Or $5.96 profit on a $5.87 share, per acreage share converted. That’s uge :)

It’s the asset base, branding and distribution