RE:RE:RE:RE:New Press Release - CANOPY GROWTH ANNOUNCES DETAILS REGARDING CONVERTING INTO EXCHANGEABLE SHARESThe shares are a completely different group of shares so non-dilluting to existing shareholders.
Existing shareholders appear to now have the option to convert (one to one) over to the USA Canopy Shares if they wish to do so.
There is apx 3 companies within the US that will be rolled up under USA Canopy. Each company already has its own product offerings and selling within the US. Revenue and Expenses are being addressed by each company. If a capital raise is required then it may be done via Canopy USA shares but this is where things start getting a little vague for me.
I'm pretty sure the shares of those companies in the US will convert to Canopy USA shares and treated more like. one large corporation.
I am not going to risk misquoting the company on this topic, or making any sort of assumptions. IMHO this is a major, and very important, move on part of the company. I have to believe it is being done to advance the company for US Legalization and for the betterment of current and further investors therefore I will be researching this as information becomes available.
Not sure if all this helps much but it's my view at the moment