Acreage Holdings Inc C.ACRG.A.U

Acreage's future and past!

[geodcan]

For those that don't know, Acreage Holdings is a major US MSO that did a deal with Canopy Growth for Canopy to absorb Acreage shares after the US decriminalizes marijuana Federally or some similar kind of event whereby non-US companies get a level playing field with US companies which excludes criminal charges, seizure of investments and negative action that would be a detriment to potpreneurs.

Originally the deal was valued at over $3 billion.

When it was revisited it was re-worked at a value of $900 million.

Time passed and the marketcap of Acreage has dropped to about a sixth of that value.  During this time most major marijuana companies on both sides of the border re-evaluated downwards hugely.
Acreage is worth about $ 150 million at present while the world waits for the US to fulfill its political promise of decriminalizing or legalizing such that at least the individual States can administer their own justice in regards to marijuana and hemp.

It's no secret that it is gaining favour, certainly for medical use and supply but also for adult rec use.

Several attempts to get bills passed by the President have failed despite being introduced and voted in favour of by the House.  My thoughts are that these attempts have failed because of a near deadlock between the 2 party system that have chosen to make a legalization bill into a political plum.

The next major midterm voting could see lobbying to get this on ballot which would bring out voters that would respond to the marijuana legalization issue for rec use and don't care about much else about politics.

I am convinced that this is what got Justin Trudeau elected in Canada where rec use by adults of marijuana is legal but over-regulated with all kinds of limitations that work against good business practices that support entrpreneurs.

I honestly believe that very few investors that are looking at Canopy Growth for a marijuana and hemp investment are even aware of Acreage Holdings and the deal for Canopy Growth to amalgamate with them for Canopy's US launch.

Despite the recent link I posted about a law suit being allowed, Acreage Holdings is a critical part of the puzzle required by Canopy Growth for their US flag planting on their bricks and mortar.

Acreage has been overdone on their re-evaluation by the market and have done a lot of smart business to put them closer to black ink.  They have done branding deals for Canopy skus and all of those fees will get added to the bottomline of Canopy before or during the merger.

Canopy has already put up over $30 million dollars consideration to "write" the deal that will be finalized when the legal department is convinced that there will be no asset seizure or criminal charges and Canopy and Acreage will be join under one management team and be one company.  The cost is to print a few more shares of Canopy and a small float increase to assume 70%, the fixed shares of Acreage which will allow Canopy Growth USA to rise from MSO that is Acreage Holdings.

Either share class of Acreage at today's prices is discounted to convert to Canopy shares.  The fixed shares have about a $2 per share premium and the floating shares are promising over $6 for a share that is currently worth about $1.50!

Worth a look if you think Canopy is going to win, place or show!

glta and dyodd