RE:RE:I couldn't help myselfIt looks like shareholders are still profiting from it but it is driving the shareprice down as they play the spread.
It may just trigger another bid by me, for the longshot multi-bagger that I beleive is possible with this one.
Canopy seems to be edging forward on their Acreage rto but somehow it looks like it is all getting trusted to Canopy USA aka CUSA.
This is a complicated takeover deal and makes sense for rapid US expansion and putting down footprints in US States.
I don't know if this is even doable.
This complicated play hasn't won favor from shareholdes who are being continually fleeced while profits on the horizon are elusive.
The shareprice of all of the companies involved speaks louder than anything and that one for ten rollback of shares probably won't be finished until the shareprice falls to the preconsolidation price.
The value of these companies involved have been eroded by intent by the marketmakers. I don't know how low they think they can take it but it builds a case for STZ to wind up with any good assets left with a trail of screwed over shareholders.
These deals that they orchestrated are so complicated, I am not sure that their own beancounters and lawyers understand them. I am neither a beancounter or a lawyer but I was a good faith investor that isn't feeling anything good about this rto to get a US footprint.