RE:RE:RE:RE:RE:Complicated DealKris and Investor, I think your missing the point of the deal!....that money (300 million) will be used, for the Republican Candidate, for the "Campaign 2020" to push for the "President Elect"....
If Trump doesn't look out.....he will likely be run over by a steam roller.... :} ....
investor1964 wrote: Kris, thanks for your post. Just a correction - they have rights to that number of dispensaries but most havent been built out yet. They have a good start and great number of actual licenses!
krisruna wrote: (1) My opinon, this is brilliant deal.
(2) Firstly, we have just purchased the right to buy (not actually bought it). This right is costing us 300 M (My impression we can walk away with this deal any time we want, if ee forgt $ 300 M, which is 75 cents per share).
(3) Acreage has 83 dispensories now in 20 States. Will add 30 more this year. This is great distribution channel. We can sell CBD Oil, CBD for skin care products (external use), etc.
(4) We gave 41 % premium, which is a norm (if we want to aquire something, we need to give some premium). When STZ offered last year, they gave 50 % premium.
(5) We are not tying up # 3.4 B. It is $ 300 M cash, and share swap. There is 18 % share dilution, and we get a good feet in USA. USA is > 10 times Canadian market. This is where the action will be.
Thanks for listening.