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Canopy Growth Corp T.WEED

Alternate Symbol(s):  T.WEED.DB | CGC

Canopy Growth Corporation is a cannabis company. It delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space, in addition to category-defining vaporizer technology made in Germany by Storz & Bickel. The principal activities of the Company are the production, distribution and sale of a diverse range of cannabis and cannabinoid-based products for both adult-use and medical purposes under a portfolio of distinct brands in Canada. Its Canada cannabis segment includes the production, distribution, and sale of a range of cannabis, hemp, and cannabis related products in Canada. International markets cannabis segment includes the production, distribution, and sale of a range of cannabis and hemp products internationally. Storz & Bickel segment includes the production, distribution, and sale of vaporizers. This Works segment includes the production, distribution and sale of beauty, skincare, wellness and sleep products.


TSX:WEED - Post by User

Comment by UniqueKittyon Dec 03, 2024 4:45pm
491 Views
Post# 36343799

RE:3 days late ?

RE:3 days late ?

Solid call lou64.

That said it isn't going to cost a whole lot to close this transaction as the vast majority of Acreage shares have no value under current market conditions and those that do are worth only a small fraction of a Canopy share. 

Here's a quote from last weeks news release from Acreage:

As of close of business on November 22, 2024, the Canopy Share price on the Nasdaq was US$3.90. Accordingly, if the Canopy Share Price does not go above US$5.00, holders of Fixed Shares will not receive any Canopy Shares in exchange for their Fixed Shares.

All holders of Floating Shares who submit a duly completed letter of transmittal along with their share certificate(s) to Odyssey will receive 0.045 of a Canopy Share in exchange for each Floating Share held by such holder of Floating Shares (the "Floating Share Exchange Ratio").

https://stockhouse.com/news/press-releases/2024/11/25/acreage-provides-update-on-corporate-transactions


Hope you weren't holding any 'fixed' shares of Acreage cause it looks like the fix was in all along.

Poor buggahs.

cheers

 

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