RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Acreage beat the expectations easily as well.BigBozzMan wrote: I remember APHRIA setting up a deal like this with LHS but was punished for it. The question is why the double standard? It appears other forces are dictating who can and cannot be successful.
Unfortunately this is a re-occuring theme for Aphria and their shareholders .
If i had to come up with reasons why , possibly
allowing unnamed individuals to purchase shares at $0.001, or a ~99.5% discount to the Aphria round one week after the deal. Insiders getting paid and diluting it like crazy at the same time . undermining the original deal. Secondly LHS was based in Florida . Not really considered an MSO at the time, certainly not on the scale of Acreage . Furthermore we are way closer to Laws changing in 2020 2021 VS 2017 when Aphria took a stake in Liberty, likely another factor.
I also wouldnt say that LHS didnt boost APH appeal and bring in investors because it did . So not sure why you feel they were punished for the deal . The short reports "claims" about Several
double dipping deals /selective disclosures Aphria made punished the stock along with other sector issues,
missed timelines and difficulty securing
licenses . Great news is Aphria
retains an irrevocable option to repurchase the shares(LHS) for up to five years.