Acreage Holdings Floating Subordinate Voting Class D Ord Shs ACRHF

Primary Symbol: C.ACRG.B.U

Healthcare

Acreage Holdings Inc is a vertically integrated, multi-state operator in the cannabis industry. Its business operations include cultivating, processing, distributing, and retailing cannabis. The Company derives its revenues from its retail dispensary business, where cannabis and cannabis-infused products are sold to consumers. Its geographic segments include New England, Mid-Atlantic, Midwest, West, and South.

CSE:ACRG.B.U - Post by User

Acreage Holdings Floating Subordinate Voting Class D Ord Shs > Do I read the acerage canopy deal correctly .

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Comment by geodcanon Jan 07, 2021 6:52pm

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Post# 32250553

RE:RE:Do I read the acerage canopy deal correctly .

Quietinvestor wrote: In accordance with the Amended Arrangement, upon ‎the occurrence (or waiver by Canopy Growth) of changes in federal laws in the United States to permit the general cultivation, distribution and possession of marijuana (as defined in the relevant legislation) or to remove the regulation of such activities from the federal laws of the United States (the "Triggering Event"), Canopy Growth will, subject to the ‎satisfaction or waiver of certain closing conditions, acquire ‎all of the issued and outstanding Fixed Shares on the basis of 0.3048 of a common share of Canopy Growth (each, a "Canopy Growth Share") per ‎Fixed Share (following the automatic conversion of the Fixed Multiple Shares and subject to adjustment ‎in accordance with the terms of the arrangement agreement entered into between Acreage and Canopy Growth on April 18, 2019, as amended on May 15, 2019 and on September 23, 2020 (the "Arrangement Agreement").