CSE:ACRG.B.U - Post by User
Post by
geodcanon Dec 16, 2021 6:02pm
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Post# 34238776
This is a vote of confidence
This is a vote of confidence that two reit funds will secure 150 million and makes me feel better that professional investors are willing to bankroll Acreage as beat down as it is. They must have totalled up the assets to make sure they are secure.
And they did this at 10% which is a far cry from the recent 60-70 percent recently charged to a couple of other pot related companies for borrowing and finder's fees plus I still think that STZ will protect their interest in Acreage/Canopy by backing them if they can't go to the street for funds.
Murphy reclused himself from voting which imho is good because I think he is self-serving and holds himself as highly worthy of his renumeration. I guess he did put together an amalgamation of US companies that mirror what Bruce Linton did for Canopy. It was either orchestrated or Canopy liked what they had to ink the deals.