Acreage Holdings ACRGF

RE:RE:The real deal

[Oceans19]

Thanks very much for the detailed post.

This deal was an asolute gamechanger in my view.  Acerage partners immediately with Canopy and gets access to all their know how and access to raise cash right now to fund immediate expansion.  They just got a big shot of adrenaline and using their political and financial influence to continue and make moves pushing them ahead of competition.  

Canopy has always been in the lead and continues to make smart moves in the industry.  They had access to all the MSO's and picked Acerage as a dance partner.  That means something. Partnered together with the backing of Constellation brands further solidifies this partnership.  

We will see funds, etfs, etc start buying into Canopy/Acerage over smaller names because they back winners and are putting the whole package together.

When I saw that I could buy Acerage at $23 and change below the IPO price, get a $2.55 payout further reducing this cost, and get .5818 shares of Canopy down the line getting a great arbitrage opportunity I started scaling in.  The synergy of the partnership is vastly overlooked IMO. Perhaps shareholders don't see the full value yet, but the CEO and major shareholders took the deal so expect more news to start trickling out.

I now hold a very nice core holding of Acerage that I can trade around to continue building on.  I'm curious to know everyone's trading strategies for Canopy/Acerage going forward as ther are only options on Canopy at this time.

GLTA.