Acreage Holdings Inc ACRHF

55orbust

[geodcan]

You sure!  A lot of people thought the first deal was locked tight too.  You are right that they have an obligation to honour that deal until they frustrate it and threaten to walk.  Mutual consent was what bought the original deal down and Canopy lost a lot of respect for that and so did Acreage.  Canopy has already declared that they have an obligation and if they queered it again and focked over the Acreage guys one more time it would hurt Canopy bigtime.  In the meantime I have to wonder why Canopy has so much interest in Terrascend which is like Daddy flirting it up with the babysitter behind Momma's back.  Acreage needs a towncrier to turn them around and Canopy should support that unless they keep it down here or lower and just buy the shares on the open market when they lose fear of Fed action against potpreneurs and prior to an official triggering event whatever that may be.  The only thing holding Canopy back is their fear of stirring up the Feds but more and more I see the Feds honouring letting States run their own pot companies.  Canopy needs Acreage or another MSO and it is pretty clear to me that they have intentions for Terrascend too.  Acreage made some mistakes and dividended out money that they should have held on to but that politician is gone although he did put together the largest MSO in the US.  He paid too much and time changed the relevancy of the deal which resulted in the redo deal.  In the meantime the beancounters of Acreage are leaning out the red ink parts and picking up what they think are black ink parts with the promise of Canopy's branding deals, especially beverages could launch Acreage to profitability if they can get it done in front of the competition of which there are a lot that are hot on our donkey.  We are at the stage of seeing what the fundamentalists and bean counters can do for our bottomline and Acreage seems to have a big turd hanging over it.  I can't see Canopy walking away from the new deal after they put the effort into it to redo it and they need a US MSO to maintain their leadership as the world class International marijuana company that they are.  Waiting for that triggering event is killing some MSOs but Acreage has Canopy/Constellation backing.  glta and dyodd

[55orbust]

55, stop trying to educate this fool. He still thinks Canopy walked away from the 1st deal. Here you go Geo you brain dead buffoon. Acreage came to Canopy with their hat in their hand begging for money or they were going to go chapter 11. Canopy being a business is out to increase their shareholder value and offerred a $100,000,000 dollar loan, 50,000,000 up front and another 50,000,000. The

[Quietinvestor]

Agreed. To top it off, Acreage is already producing and selling in the US CANOPY branded dry products under license. Next, they will be selling beverages, produced by Acreage under icense. Reading the agreement in detail, this is a deal for "Acreage to lose". The covenants are clear - any key decisions need CANOPY approval, do not go into debt without CANOPY approval, stay focussed on