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Acreage Holdings Inc ACRDF


Primary Symbol: C.ACRG.A.U Alternate Symbol(s):  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 Sep 04, 2022 4:48pm
364 Views
Post# 34941005

best kept hidden secret deal that

best kept hidden secret deal thatnobody knows about or most are choosing to ignore!  

Acreage fixed shares are going to be Canopy Growth USA division with a triggering event!

Canopy has already spent $38 million to have this option and the rest of that option deal is just a matter of a little share dilution and the cost of some new share certificates for Canopy to swap out for Acreage shares.

That explains 70% of what is going to change hands.  The other 30% aka Acreage floating shares have a deal inked such that Canopy will buy them for $6.  Back of the envelope calculation for Canopy to own all the shares is 30 million shares of Acreage floating shares will cost Canopy $180 million which is a super deal compared to the 4.3 billion dollar evaluation they first tagged the original deal with.

Or Canopy could just hold off on the Acreage floating shares until they can generate some cash flow out of Acreage and with a triggering event aka US decriminalization at the Fed level which is generally considered the launch of the US greenrush where non US players will feel secure enough to enter the American marketplace.  This will be a momentous event and shareholders sitting on the fence will be piling in to get some of those shares to be a part of a leading potpreneur.  If those floating shares aren't bought out by Canopy in a timely fashion, I believe they will mirror Canopy shares which I also believe will launch back to old highs or higher.

I noticed a few more shares of Acreage fixed and floating are being picked up but I still believe there is a ton of potential investors sitting on the sidelines including funds and pension investments as well as the US investors that haven't taken a position yet.

Seems like a no-brainer to me but dyodd and glta.
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