RE:RE:RE:RE:RE:RE:RE:New Press Release - CANOPY GROWTH ANNOUNCES DETAILS REGARDING CONVERTING INTO EXCHANGEABLE SHAREScaretired1 wrote: I'm not sure of the 3rd point about all combining under 1 co. I think they will buy all of the shares of each co but if CUSA is to be a listed company on Nasdaq, they can't consolidate them accounting wise - same issue as CGC has now. Maybe they can amalagamate them legally? Its unclear to me what the mechanics are.
Also, what benefit comes from converting to exchanegable shares? CGC will control the shares of CUSA won't it? Will CUSA shares be listed so you get at value that waY?? Help...
Care,
I believe your questions were covered in The Dales Report interview done with the CEO a couple of weeks ago.
To avoid mis quoting the CEO I would rather suggest you jump on YouTube and review the interview.
Sorry, I do not have the link handy to share