Hiku Brands Company Ltd. DJACF

The Canopy/HIKU conversion agreement

[Harley4]

I've noticed a little more investor anxiety recently as we approach a completion time for the DEAL this month. If you go over the announced terms of the transaction you can see that it is not necessarily going to complete.

"There can be no assurance that the Transaction will occur, or that it will occur on the terms and conditions contemplated in this news release. The Transaction could be modified, restructured or terminated. Actual results could differ materially from those currently anticipated due to a number of factors and risks.

Completion of the Transaction is subject to a number of conditions, including but not limited to, TSX and NYSE approval. The Transaction cannot close until the required shareholder, court and regulatory approval is obtained. There can be no assurance that the Transaction will be completed as proposed or at all.

Read more at https://www.stockhouse.com/news/press-releases/2018/07/10/canopy-growth-to-acquire-hiku-brands-to-strengthen-retail-and-brand-portfolio#kFw8qJTZ7g5wCQFS.99"

What disappoints me more is the lack of investor communication being provided. I have always respected Will Stewart as a good IR person but he needs to pick up his game plan a little with us.

I am most concerned with the agreements proposed $1.91 per share to be paid to exisiting HIKU shareholders.

Lets see if our mgmt team can score a touchdown or settle for a field goal.