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Acreage Holdings Inc C.ACRG.A.U

Alternate Symbol(s):  C.ACRG.B.U | ACRHF | 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 Apr 15, 2023 6:26pm
199 Views
Post# 35396921

The shareprice of both classes of

The shareprice of both classes of Acreage stock are intrinsically woven with the downtrodden price of Canopy, at least for any upside.

Downside, I am not so sure!  I guess that depends on how pizzed off shareholders of Acreage get with the shenanigans that has gone on by the marketmakers that destroyed the value of Acreage.

I think Murphy and his investment cronies have a lot to do with it and I am still curious about the $50 million that was mentioned to secure the votes of the floating Acreage shareholders.

I own a considerable amount of those floating shares that I got by default due to my ownership of the original sharefloat of Acreage prior to the split.

To me that was just one more opportunity for the guys at the top of the foodchain to manipulate the value out of this at every opportunity.

The sooner Acreage shares become Canopy shares the better and I am all for the new issue of CGC USA where this complicated deal should come together and first in shareholders should be able to recoup some of their losses on sharevalue.

I guess that all depends on the integrity of the major shareholder who will be Constellation STZ.

Will the new issue shareholders be treated like they treat their STZ shareholders with dividends and such.

Should be doable in a reasonable time because the new Canopy is going to be a formidable force in the US and their should be considerable cost savings for duplication of services being dealt with.

glta and dyodd
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