Post by
geodcan on Apr 09, 2024 5:45pm
a little recognition from investors
to wholesale their way in to some Canopy shares through the Acreage share swap deal.
Acreage shares have firmed up a bit and showing some volume for the potential of the Canopy/Acreage rto deal which is a way to get some shares of Canopy if you want to risk the swap deal being completed.
This isn't a recommendation, just an opportunity conditional on if Canopy completes the deal which they should if they have any intentions of doing business on US soil as Acreage is a bona-fide US MSO that could be incorporated for rapid setup and launch of all of those brands that have been market-tested in Canada and other countries too.
It was a good plan prior to the tweaking and revisiting under STZ's guidance and if the whole thing gets queered, STZ lending is in line to wind up with all of the spoils, at least, the way I understand it.
It is so complicated that I am not sure if the lawyers and beancounters understand it and what I do understand of it is that Constellation Brands struck at a very advantageous time to be able to rewrite a $4 billion C deal down to $38 million and a share swap.
Is there a will for the US politicians to pass fair legislation for the marijuana business in the US at the Federal level or do we continue paddling around in what is considered the pool?