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Acreage Holdings Inc C.ACRG.A.U

Alternate Symbol(s):  ACRHF | ACRDF | C.ACRG.B.U

Acreage Holdings, Inc. is a vertically integrated, multi-state operator in the United States cannabis industry. The Company’s operations include cultivating and processing cannabis plants, manufacturing branded consumer products, distributing cannabis flower and manufactured products, and retailing dosable cannabis products to consumers. It is offering a range of products from its flagship brand, The Botanist, for adult-use sales in New Jersey. It has also launched Botanist Vape Cartridges and Disposables in Illinois, as well as Superflux Cured Concentrates. Its brand also includes Prime Wellness. It owns and operates eight cultivation and processing facilities, one each in Illinois, Maine, New Jersey, New York, Ohio, and Pennsylvania, respectively, and two in Massachusetts. The Company also owns 23 operational dispensaries in seven states. Its subsidiary, Universal Hemp, LLC, distributes, markets, and sells cannabidiol products.


CSE:ACRG.A.U - Post by User

Post by geodcanon Jan 21, 2021 7:39pm
405 Views
Post# 32355870

Acreage fixed

Acreage fixedgot a little price respect back later in the day but the floaters have still got a cloud hanging over them.  I guess because of the way that deal is worded but I can see a triggering event launching Canopy shares to double where they are now and in short supply because of the pedigree of the company and Acreage's part in Canopy's International domination plan.  In the meantime  when all of those fixed shares got swapped out for Canopy shares, it makes sense to me that the floating shares will do catch up to Canopy.  I already owned Acreage before they split them and the split was especially unkind to them and is still reflected in the pricing.  

Another big US MSO thinks that some triggering event is imminent for Us potpreneurs under the Biden regime.

I wonder if they will wind up doing 3 gets you 1 share of Canopy on the floating shares.  If they do that $9 investment will get you a $33 Canopy share if all stays relevant.  It makes sense to me that if Canopy is running the show that Acreage shares will equalize to Canopy values.  glta and dyodd
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