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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.


TSX:WEED - Post by User

Bullboard Posts
Comment by geodcanon Aug 27, 2020 9:15pm
322 Views
Post# 31467826

RE:RE:I'm still trying to get

RE:RE:I'm still trying to getOh, I don't know how I missed it.  I will give it a whirl and try to attach some dollar value to it.  So 10,000 shares of Acreage @ $2.70 costs $27,000 US dollars.  When it gets triggered I will have 7000 shares to be converted to Canopy @ .30 and 3000 floating shares with a minimum value of $6.50.  2100 shares of Canopy @ $16.50 is $34,650.00 plus 3000 floating shares at a minimum of $6.50 which is $19,500.00.  That is $54,150 for a $27,000 dollar investment plus shareholders of Acreage are supposed to get .30 c a share from the 30 million that Canopy coughed up to re-do the first deal.  Add that to the 54,150 and it becomes $57,150.00.  Do I have this right???  It seems like a no-brainer to me to be investing in Acreage for better than a double and I can't see them doing and re-doing a deal if it isn't going to happen.  Acreage has the pieces that Canopy needs.  I will do my own calculations for the event that Canopy goes back to $60 when the trigger gets pulled and anything over $6.50 for Acreage is another premium on the initial investment.  Acreage is looking better all the time and it looks like it is seriously on sale right now.  Don't forget that Acreage already dividended out $3 per share from the first $300 million that Canopy gave to do the deal.  Sweet!  Pull the trigger!
Bullboard Posts