RE:US MJ StocksIf you are looking at WEED then you need to seriously take a look at the deal they struck with Acreage Holdings fixed shares and if you crunch those numbers then the Acreage Holding floating shares look even more lucrative.
If the deal that is already inked for these two companies got triggered today, $15 worth of Acreage fixed will get you $40 worth of Canopy Growth because Canopy has picked Acreage Holdings as their choice for US expansion with a share swap of Acreage fixed shares for Canopy Growth shares when the US Feds fix their archaic marijuana laws to take criminality out of being potpreneurs.
Acreage is one of the largest US Multi State Operators with licenses, bricks and mortar, fields of green and processing facilities, all the things that a tail to snout company like Canopy is going to need to continue their world leadership and build out their greenrush company.
This deal that is written has almost zero recognition by the investment community but is a real deal with millions of dollars paid to Acreage for the right to assume their shares when Canopy feels safe from criminal charges to put down roots on US soil. Canopy is the leading International marijuana company and have to be in the US to preserve that lead. The deal is quagmired in US politics, waiting for legalities to be freshened up to swing open the doors of the US greenrush. Lots of Canadian LPs are locked and loaded for doing business in the US and US MSOs are relying on State law protection which doesn't seem to be enough for Canadian LPs.
The Democrats should be able to pass some sort of legalization that will satisfy offshore investors to hang their shingles in the US and they seem to have some will for it with several attempts failing at the Senate level because they didn't have the numbers. glta and dyodd