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Bullboard - Stock Discussion Forum
Acreage Holdings
ACRGF
Healthcare
Drug Manufacturers - Major
Acreage Holdings Inc is a vertically integrated, multi-state operator in the cannabis industry. Its business operations include cultivating, processing, distributing and retailing cannabis. The Company derives its revenues from its retail dispensary business where cannabis and cannabis-infused products are sold to consumers. Its geographic segments include New England, Mid-Atlantic, Midwest...
, West and South.
see more
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Bullboard (OTCQX:ACRGF)
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•••
BeachHouse1Day
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Post by
BeachHouse1Day
on Apr 22, 2019 11:19am
32$ value by this Fall ? 45% gain from today.
$2.55 US payout to share holders this June when deal with Canopy is approved. 70$ for Canopy (or more) this Fall when there is decriminalization at the US Federal Government level. 70$ x 0
...more
(177)
•••
Countrygent
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Comment by
Countrygent
on Apr 21, 2019 7:51pm
RE:RE:RE:It is more important to watch Canopy price than Acreage pric
You don’t get a “price”. Apart from the $2.55 advance payment no cash changes hands. There will be a share exchange at the exchange ratio: every share of Acreage will convert to 0
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(181)
•••
Sampic
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Comment by
Sampic
on Apr 21, 2019 5:33pm
RE:RE:RE:RE:RE:It is more important to watch Canopy price than Acreage pric
Whatever Canopy does on the nyse Acrg will do
(181)
•••
Sampic
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Comment by
Sampic
on Apr 21, 2019 5:32pm
RE:RE:RE:RE:It is more important to watch Canopy price than Acreage pric
22.30
(181)
•••
Sampic
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Comment by
Sampic
on Apr 21, 2019 5:31pm
RE:RE:RE:It is more important to watch Canopy price than Acreage pric
That’s why Acrg is at 22.50 price is tethered.
(181)
•••
Sampic
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Comment by
Sampic
on Apr 21, 2019 5:30pm
RE:RE:It is more important to watch Canopy price than Acreage pric
Canopy is 44.56 American you get .58 percent of that price not the Canadian price.
(181)
•••
Sampic
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Comment by
Sampic
on Apr 21, 2019 5:27pm
RE:It is more important to watch Canopy price than Acreage pric
Don’t forget the American conversion you get .58 Canadian.
(181)
•••
Sampic
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Comment by
Sampic
on Apr 21, 2019 5:24pm
RE:RE:It is more important to watch Canopy price than Acreage pric
Only thing is Canopy has to go to 100 dollars American for Acrg to be worth 58 bucks I don’t know it might take 2 or 3 years for that to happen where as Acrg on its own would have doubled in 6 months
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(181)
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Sampic
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Comment by
Sampic
on Apr 21, 2019 4:48pm
RE:It is more important to watch Canopy price than Acreage pric
So yep the share price is tethered what canopy does Acrg does and vice versa I think you will see more of these deals.I like this deal for both companies.
(9)
•••
krisruna
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Post by
krisruna
on Apr 21, 2019 3:29pm
It is more important to watch Canopy price than Acreage pric
CaThanks.nopy is around $ 60 now. As per deal, we are at 0.58 x 60 = $ 34.80 We get $ 300 M now. Plus we get 58 % of Canopy price (upon legalization). So, after deal closes, we get price related to
...more
(0)
•••
Thebills
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Comment by
Thebills
on Apr 21, 2019 3:09pm
RE:RE:RE:RE:RE:RE:RE:RE:Acreage Enters Nevada Market + Technical Analysis Signal
I do believe that canopy will drop down tommorrow for the adjustment PERIOD..remember folks they have to fork over 300 million u.s. to acreage for the right to purchase them in the future..THATS
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Thebills
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Comment by
Thebills
on Apr 21, 2019 3:04pm
RE:RE:RE:RE:RE:RE:RE:Acreage Enters Nevada Market + Technical Analysis Signal
It tanked at the end of Thursday because canopy tanked from 65 to 59 and acreage will follow canopy for the next 2 to 3 months until the deal is done..great times ahead for both companies if the deal
...more
(181)
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Sampic
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Comment by
Sampic
on Apr 21, 2019 3:00pm
RE:RE:RE:RE:RE:RE:RE:Acreage Enters Nevada Market + Technical Analysis Signal
What if by legalization Acrg is 50 and canopy 40 is it still the same deal it doesn’t make sense.
(181)
•••
Sampic
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Comment by
Sampic
on Apr 21, 2019 2:55pm
RE:RE:RE:RE:RE:RE:Acreage Enters Nevada Market + Technical Analysis Signal
If the deal was good the stock price wouldn’t have tanked
(181)
•••
Sampic
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Comment by
Sampic
on Apr 21, 2019 2:48pm
RE:RE:RE:RE:RE:Acreage Enters Nevada Market + Technical Analysis Signal
It’s a big if though dollar bill because like I said if you go by there previous deal with that other USA company and aphrias deal with lhs the price is set.
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