InvestorsHub Logo

OPD2018

10/02/20 9:09 AM

#1267 RE: dionden #1265

So, going with this theory, and to note it is the way I understand it too.
It’s a gamble at the end of the day and mostly a long term gamble.

My belief is eventually when pot is federally legal in the states and the market matures it will all explode.

I want my acerage shares to turn into CGC shares, not the cash.

Realizing it’s a gamble I’m not sure which acerage shares to load up on.

Anyone have a clear insight on how this would go down?

mopar44o

10/12/20 11:22 AM

#1272 RE: dionden #1265

Hey guys,

Question regarding the ARCDF shares.

So I get that they have the option to acquire them at the 30 day avg and min price of $6.41 I think it was. Do they convert to Canopy shares at that point? And at what ratio?

If they opt to not acquire them do they just get canceled and you get the cash value at close?

The Acrhf will convert at the rate of of roughly 30%.

Just trying to figure out which if any I should avg down at this point since I was in pretty high pre split.