Post by
geodcan on Oct 26, 2022 5:23pm
Nasdaq has concerns about
the ACRG floating share deal. So do I!!!
Not even a kiss for the fockin that's comin'!
We need some clear concise explanation of wtf is happening here because it looks like ACRG floating shares are being sacrificed at the expense of the shareholders in favour of a big payout special dividend or some such for Murphy and his boys who already slopped at the trough at the last re-visit.
Where did this new Canopy USA come from who seem to be siphoning all of the good US assets under the Canopy umbrella into their private llc.
It looks like STZ is putting up a protective barrier of confoundary that seems to benefit Canopy USA while removing itself from WEED Canada.
Millions of dollars of assets, dollars or shares to special shareholders aka Murphy and buddies for their share of the floating shares which seems rich compared to what the rest of the floating shareholders are going to get.
Caldini said that Acreage is turning to profit which I would like to see happen before we value this deal at these beat down levels.
I can't believe that Canopy would do a double screwing deal to Acreage investors who got stuck with those floating shares which until this announcement were showing strength for the $6 US promised/suggested floating shares.
Interestingly some investors will say that Klein honoured the deal sort of, as promised but with new numbers that are only beneficial to special interests and not the common shareholders.
The llc Canopy USA that is being conjured spells private company to me which means we don't need to report to anybody, especially the shareholders that are taking it in the butt if they can pull this off.
What I see happening here is Constellation channeling the best assets of this conglomerate into their special private company while leaving WEED Canada to rely on Canadian operations which have been strangled from the beginning by our own government who are leaving all pot players doing business in Canada, out to dry in the wind.
Acreage is one of the majors that may just be in the hands of marketmakers who have held the shareprice below the value given to the other MSOs and yet, we are profitable, according to Caldini.
This whole deal needs some professional dissemination that can break this down to dollars and cents so we can get some understanding of what is happening for the benefit of all concerned shareholders.