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Acreage Holdings ACRGF

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.


OTCQX:ACRGF - Post by User

Post by krisrunaon Apr 21, 2019 3:29pm
119 Views
Post# 29652584

It is more important to watch Canopy price than Acreage pric

It is more important to watch Canopy price than Acreage pricCaThanks.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 Canopy.

When Legalization will happen (STATES BILL will also do) is any one's guess. My opinion, it should happen in 2019. 
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