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Acreage Holdings ACRGF

Acreage Holdings Inc is a vertically integrated, multi-state operator in the cannabis industry. Its business operations include cultivating, processing, distributing and retailing cannabis. The Company derives its revenues from its retail dispensary business where cannabis and cannabis-infused products are sold to consumers. Its geographic segments include New England, Mid-Atlantic, Midwest, West and South.


OTCQX:ACRGF - Post by User

Post by geodcanon Sep 13, 2020 5:11pm
205 Views
Post# 31550411

Finally, somebody

Finally, somebodywilling to do a little work from a number crunching perspective.  Those floating shares are minimized at over $6 per share.  If you apply some current pricing and project it out to the triggering event that will seal the deal, it looks pretty lucrative, the way I understand it.  There is also 30 plus million dollars from Canopy that is supposed to be dividended out to shareholders of record that is supposed to be worth .30c per share.  If you check the history of Acreage, that $300 million that Canopy paid to Acreage was given to shareholders as a one time dividend.  If Acreage hadn't done that they would have had no need to go to the street for that short term investment at the crazy high rates to pick up what they considered as a have-to-have investment and it shook Canopy awake to re-do the original deal and the very fact that they did it and didn't walk away from it, speaks volumes to the essentialness of it for Canopy's future with the US.  If you go to the Acreage website under the investors tab it spells out the new deal so you get it right when you do your calculations.  I did it with current shareprice because it is more meaningful to me but I am unsure if I understand it fully, so any input is appreciated.  I am a heavy believer in Acreage being swallowed up by Canopy and I am banking on infused beverages for being the big revenue producers when they get disruptor status to liquor and Acreage has inked a deal to get Canopy beverages started in the US where allowed through their dispensaries and retailers.  US Fed descheduling or the MORE or SAFE Act passing into law will launch this into being with all the potential of a world leader industry.  glty and dyodd and thanks for giving it a shot.
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