RE:starsearcher40....Im on to you.....You are reading it wrong bud. It reads in paragraph 2 on January 5ths Management information circular on SEDAR for Mettrum as follows:
As part of the transaction, Mettrum shareholders will be entitled to receive 0.7132 (the "Exchange Ratio") Canopy common shares (each a "Canopy Share") for each Mettrum common share (each, a "Mettrum Share") Stock Exchange and the volume weighted average price of Canopy Shares on the Toronto Stock Exchange and the volume weighted averag price of Mettrum Shares on the TSX Venture Exchange, of (i) approximately 37.3% for the 5 trading days ended on the last trading day preceding the announcement of the Arrangement, being November 30, 2016; and (ii) approximately 30.9% for the 20 trading days ended on the last trading day preceding the announcement of the Arrangement, being November 30, 2016. Shareholders of Mettrum will also have the opportunity to participate in the benefits expected to result from the Arrangement and future increase in value of Canopy.