Bullboard - Stock Discussion Forum Acreage Holdings Inc ACRDF

Primary Symbol: C.ACRG.A.U Alternate Symbol(s): C.ACRG.B.U | ACRHF

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Acreage Holdings, Inc. is a vertically integrated, multi-state operator in the United States cannabis industry. The Company’s operations include cultivating and processing cannabis plants, manufacturing branded consumer products, distributing cannabis flower and manufactured products, and retailing dosable cannabis products to consumers. It is offering a range of products from its flagship... see more

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Acreage Holdings Inc > Do I read the acerage canopy deal correctly .

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Post by Blackbear on Jan 06, 2021 11:33am

Do I read the acerage canopy deal correctly .

An acerage fixed share will be worth .3 of a canopy share after USA legalization ? Anybody ?

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Comment by geodcan on Jan 06, 2021 3:31pm

You read right imho. It is a confusing deal but a deal that has been inked by Canopy and Acreage to happen with a triggering event which we have just moved towards with the runoff election for Georgia. If it happened today or stayed relevant pricewise, $12 worth of Acreage Fixed will get you a share of CGC worth $30 plus. The Acreage floating shares at this price are also looking ...more

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Comment by Quietinvestor on Jan 07, 2021 6:00pm

In accordance with the Amended Arrangement, upon ‎the occurrence (or waiver by Canopy Growth) of changes in federal laws in the United States to permit the general cultivation, distribution and possession of marijuana (as defined in the relevant legislation) or to remove the regulation of such activities from the federal laws of the United States (the "Triggering Event ...more

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