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Acreage Holdings Inc ACRHF


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

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 brand, The Botanist, for adult-use sales in New Jersey. It has also launched Botanist Vape Cartridges and Disposables in Illinois, as well as Superflux Cured Concentrates. Its brand also includes Prime Wellness. It owns and operates eight cultivation and processing facilities, one each in Illinois, Maine, New Jersey, New York, Ohio, and Pennsylvania, respectively, and two in Massachusetts. The Company also owns 23 operational dispensaries in seven states. Its subsidiary, Universal Hemp, LLC, distributes, markets, and sells cannabidiol products.


CSE:ACRG.A.U - Post by User

Post by geodcanon Jun 21, 2021 7:29pm
192 Views
Post# 33424966

ACRG B floating shares are going up

ACRG B floating shares are going upwhile the A fixed are going down.  I'm thinking that those B shares are going to float right up to the value of A shares with a triggering event.

As far as the uptick for the B shares, I can't help but wonder if Canopy or Constellation is causing that uptick by picking them up on the qt or through some numbered company or other alias.  I seem to remember that those B shares have a $6 redemption minimum on them when redeemed for Canopy shares and those are US dollars.

A triggering event that launches Canopy into the US with the assets of Acreage Holdings will rocket Canopy's shareprice back to old highs or higher and the B floating shares will do the same imho.  All will be in short supply as American investors pile in to be a part of a company that has been forbidden fruit to them, or at least, the law abiding ones.

The longer it takes for the Feds to do the work necessary to launch their US greenrush the more failures we can expect in junior potpreneurs or they will get swallowed up if they have something unique going on.

The deal that Canopy and Acreage have inked is proactive groundwork that hardcore entrepreneurs do to get their way until they get the government softened up enough to do the process.  Canopy is still number one and Acreage is a leading US MSO.

glta and dyodd
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