RE:Terrascend investmentlou444 wrote: Canopy Growth Terrascend investment (17% stake) is worth more than their current market value. Not to mention Acreage holdings and other stateside assets. Formation of CUSA is the key to Canopy's future. Debt will be much lower because biosteel filed for bankrutcy and it's debt was wiped out.
With the CUSA structure in place would there be any legal obstacle preventing a split from CGC should CGC file for bankrupcy? As a separate entitly is there any legal obstacle preventing CUSA from going private if ties with CGC are severed? There seems to be some important escape clauses in plcae that provide STZ to do what they want, so this is a concern for any CGC investment I would worry about. I think the message from STZ was very clear some time ago, every division must be an accreditive addition to CUSA, so I would think that will also apply to CGC from an STZ standpoint, albeit apparently in charge of the CUSA structure, I am not convinced CGC are pulling all the strings on CUSA. All kinda merky and complicated.