Acreage Holdings Inc (ACRDF)

[geodcan]

Acreage Holdings is one of the leading MSOs and despite the kneejerk reaction investors have taken hammering this down, it still has huge potential. Some might even think it is on sale by comparison to some of the others that are gaining shareprice. Maybe they are better run but there is little doubt that they are all hoping for the US greenrush to start sooner, rather than later. I have been crunching numbers for Acreage and how they would shake out if we get a triggering effect and Canopy assumes Acreage. Based on Fridays prices, 1000 sh of Acreage would cost $3 per share for $3000. If/when we get the trigger the shares would be split at 700 and 300 floaters. 30% of 700 shares is 210 Canopy shares at $20 is 4100 plus 300 Acreage floater shares at an upset price of $6 works out to 1800 plus 4100 is $5900 for a cost of $3000. Almost a double without consideration of shareprice appreciation for the US greenrush effect. I think Canopy could easily get back to its former high sp of $60 which puts us in multi-bagger territory. If I've got this figured, it looks like a bargain entry price and a sure winner. Comments?