Acreage Holdings Inc ACRDF

The lone poster

[geodcan]

I'll do it!  For those that don't know, Canopy is moving towards the re-amended deal with Acreage.  Just waiting on a triggering event.  Reporting info is a little all over the map and a lot of uncertainty as the shares of Acreage become split towards the complicated deal that management on both teams deems fair.  Acreage's deal with Canopy has left Acreage as the underdog but I think they've got a heavyweight backing them up.  Maybe when the ticker starts showing the sp for each of stocks that were once Acreage it will become clearer.  I have made repeated attempst with IR of both companies to spell out with a real hypothetical 1000 shares of what will happen when we get a triggering event and got nothing back from any of them.  I guess I am in hook, line and sinker and reality will set in soon enough and I will have all the answers.  My limited understanding of the deal suggests that there is a serious double here at these prices when it happens for Acreage shareholders and there are a couple of other posters thinking along the same line.  Some of your Acreage shares will become Canopy and the rest of the deal will be Acreage floating shares that will find a value based on the whims of investors but have a $6 plus value if Canopy purchases them.  One thing I feel  for sure is that when the triggering event happens, there will be a short supply of Canopy shares and they will launch to the old high shareprices.  In the meantime, Acreage exists as a US MSO that Canopy thought enough of to do a multi-billion dollar deal with in more enthusiastic days.  Canopy is in the process of coughing up another $30 million for distribution to shareholders of Acreage as a part of the deal.  That is on top of the $300 million that they special dividended out to Acreage shareholders before the shyt hit the fan.  glta and dyodd