Post by
geodcan on Sep 04, 2022 4:48pm
best kept hidden secret deal that
nobody knows about or most are choosing to ignore!
Acreage fixed shares are going to be Canopy Growth USA division with a triggering event!
Canopy has already spent $38 million to have this option and the rest of that option deal is just a matter of a little share dilution and the cost of some new share certificates for Canopy to swap out for Acreage shares.
That explains 70% of what is going to change hands. The other 30% aka Acreage floating shares have a deal inked such that Canopy will buy them for $6. Back of the envelope calculation for Canopy to own all the shares is 30 million shares of Acreage floating shares will cost Canopy $180 million which is a super deal compared to the 4.3 billion dollar evaluation they first tagged the original deal with.
Or Canopy could just hold off on the Acreage floating shares until they can generate some cash flow out of Acreage and with a triggering event aka US decriminalization at the Fed level which is generally considered the launch of the US greenrush where non US players will feel secure enough to enter the American marketplace. This will be a momentous event and shareholders sitting on the fence will be piling in to get some of those shares to be a part of a leading potpreneur. If those floating shares aren't bought out by Canopy in a timely fashion, I believe they will mirror Canopy shares which I also believe will launch back to old highs or higher.
I noticed a few more shares of Acreage fixed and floating are being picked up but I still believe there is a ton of potential investors sitting on the sidelines including funds and pension investments as well as the US investors that haven't taken a position yet.
Seems like a no-brainer to me but dyodd and glta.