RE:RE:RE:RE:RE:Canopy Growth is so close to triggering the Acreage dealThere's two ways to go and one way is to put out some positive nrs about the progress and positioning that Klein has done to change the fortunes of Canopy.
Instead we get nrs about reverse splits that erodes the confidence of shareholders because of the uncertainty of the degree of the rollback and for those of us that have experienced this event with other stocks know that the prospects aren't good for this to hold preconsolidation value.
My own experience is that the sp will quickly revert back to preconsoldiation price and then we will be in the same boat with the Nasdaq but at a new eroded value.
I call this a snatch of good honest investor's shares and investment. I can't think of any that have I have that put the same value or more in my pocket.
So what is it Klein, are we setting up shop in the US or are we going to run this into the ground with this proposal for a share consolidation for a company of potential that management isn't giving straight answers on?
Acreage has had its value pilfered out by preferred shareholders, friends and family and the value of those postconsolidation prices of Canopy shares that management intends to swap for Acreage shares will tank that for the benefit of the preferred shareholders and lenders.
Hoping for Constellation shareholder treatment as a blue chip, divididend paying, value building company seems like a long lost objective.
Snake in the grass or honourable company builder, Klein?
Shareholders first!
Vote NO to prevent this snatch of value!!!!