Canopy Growth Corp T.WEED

Alternate Symbol(s): T.WEED.DB | CGC

Canopy Growth Corporation is a cannabis company. It delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space, in addition to category-defining vaporizer technology made in Germany by Storz & Bickel. The principal activities of the Company are the production, distribution and sale of a diverse range of cannabis and cannabinoid-based products for both adult-use and medical purposes under a portfolio of distinct brands in Canada. Its Canada cannabis segment includes the production, distribution, and sale of a range of cannabis, hemp, and cannabis related products in Canada. International markets cannabis segment includes the production, distribution, and sale of a range of cannabis and hemp products internationally. Storz & Bickel segment includes the production, distribution, and sale of vaporizers. This Works segment includes the production, distribution and sale of beauty, skincare, wellness and sleep products.

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Canopy Growth Corp

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Comment by Homestretch4meon May 24, 2020 11:49am

128 Views

Post# 31066309

RE:RE:RE:RE:ACRG.U...worth the buy even with the exchange rate?

One of the most ill-informed personal opinions I've ever read on here.......Congratulations on reaching a while new level of stup!dity.

Tradingvet55 wrote: In regards to acrg.. 3 c suite officers have liquidated major positions in the past 60 days, I believe Daino, Macdonald and leibowitz.. all crushing the bid. Murphys (ceo) did just invest 21M fallowing a $2M injection @ $12 in q2 of 2019. Per the companys q4 pathetic earnings call, they are committed to restructuring corporate hand outs operating costsbecause they are way top heavy. Murphy is trying to keep this alive to move the canopy acquisition forward. He was unsuccessful securing the 100M raise that hes promised so hes throwing a hail marry. Hes incompetent and the Canopy deal has flatlined. Hell get his money back when they liquidate assets but My belief is that theyll BK in q3 of 2020. Monies that hes injected was what he stole from shareholders last year. My guess is he has securities fraud and whiteness protection in his future.
weed4fun wrote:
Homestretch,
sometimes it's not worth even responding to some of these posts.

This deal is simple to figure out. They should do some reading.

But I will do my civic duty once now.

1st assumption. - leave everything in USD

Facts:
aceeage shares in usd closed Friday at $3.25
CGC in $USD closed Friday at $19.42
When acreage deal gets done for every Acreage share you get 0.5818 shares of CGC

So, if the deal got done today, for every 1000 shares of acreage you would get 582 shares of CGC

Again simple math, your 1000 acreage shares valued at $3,250 would become 582 shares of CGC at 19.42 per share would be worth $11,302.44

the gain is $11,302.44- $3250= $8,052.44. This the premium or benefit in getting Acreage shares vs CGC shares

I hope that makes sense. If not read the deal.

End of civic duty.