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