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Acreage Holdings Inc C.ACRG.A.U

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

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 Apr 09, 2021 5:59pm
325 Views
Post# 32971353

Acreage for Canopy shares

Acreage for Canopy sharesSo $17 US Canopy fixed will get you $29 US worth of Canopy for a triggering event today if things stay relevant.  I can only imagine what value those CGC shares will be worth with said triggering event.  Easy double to $60 or better because they will be in huge demand, especially by US investors who were brave enough to trade 4 million shares of CGC today, despite the Fed shadow.

Canopy has already ponied up $330 million and they chose Acreage Holdings for their US footprint, when we are allowed to leave a footprint.  The rest of the deal is the shareswap of Canopy for Acreage at about 1 for 3.  Printing share certificates is easy and cheap.  So cheap in fact that they may just print up enough extras to assume the Acreage floating shares too.  Either way Canopy will be firmly in the driver's seat with huge backing from Constellation Brands for success in the US.  glta and dyodd
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