RE:RE:RE:RE:RE:Question for the board IrishCanuck wrote: Right. Okay let's distinguish the CAD vs. USD because I think that's what tripping up everyone's communication. 300 million USD is 400 million CAD (rounded up, don't kill me)
300M USD for Sweetwater:
1) 100M at the market dilution to address the original question, whether Aphria dilutes
2) 100M taken out on debt
3) 100M USD from our cash reserve (~133M CAD)
So I think we had 400M CAD and puts us at, let's say, 266M CAD in the account. I don't know I'm just splitting hairs at this point I'm not going to die on this hill. If I'm super wrong please correct me :)
ah i see . Makes sense .Thx for the heads up...
One small tidbit that stuck out to me when reading the deal with sweetwater was ;
The Company also hosts an annual music festival, "SweetWater 420 Fest," that has evolved into one of the largest and most anticipated music festivals in the U.S., increasing brand awareness nationwide.
Great exposure for Aphria.