Just as anticipatedCanopy shares are getting tighter as we approach US legalization, whatever that may be, descheduling, SAFE, MORE or some form of all three. Fence sitting investors have to pay more for their winning prospects when the shares tighten up as investors recognize value.
So, for what Canopy shares jumped up today you can buy a half share of Acreage fixed which at the 3.05 shares of Acreage fixed will get you 1 share of Canopy Growth at todays prices, that is about $21 invested in Acreage fixed wil get you a share of Canopy worth $42. Acreage is unloved after it got kicked to the gutter by a lot of investors but there is still a paid up deal for Canopy to take the driver's seat of Acreage for their International expansion to include the USA when the threats have been dealt with. Canopy picked Acreage which is the largest US MSO which is something they are going to need to maintain world leadership. Most greenrush investors are anticipating the Democrats to pave the way for potpreneurs to be totally legal and have access to banking, investing, brokering and borrowing. Some States are gaining traction relying on State law protection but a "triggering event" will allow ALL US investors to get on board and why wouldn't they want Canopy Growth, world leader of all things marijuana and hemp.
If a triggering event happened today and 70% of the Acreage shares get assumed by Canopy, anybody that bought in Acreage fixed at todays price will double their money. Probably more because those Canopy shares are going to skyrocket imho. Brave US investors are already piling in to MSOs and Canadian LPs and Acreage fixed are a bargain if everything comes off as planned.
Acreage has most of what Canopy needs for rapid expansion in the US and Canopy is already manouvering to get branded products on shelves. Lots of emphasis on beverages infused with thc and cbd and their health/sports beverage BioSteel.
I can see serious returns for value added marijuana companies doing business in the US as I sense a lot of pent up demand. Jmho, glta and dyodd