looks pretty certain that the fixed ACRG shareholdersare going to take a screwing over on the $5 minimum or nothing to complete the conversion.
I thought the twenty and thirty to one consolidation was bad enough and have to question how a deal like this could even be inflicted on the shareholders.
I can see a case for a lead solution of the CEO that blatantly spun this deal. Where's the security guys while this is happening.
Where's the honour and integrity that helped good blue chip companies to thrive using stock market financing and how can the leading company in the world of potstocks get reduced to the rubble that it is becoming.
I still see huge potential for a licensed producer that is about to be unleashed in the US marketplace and that has secured and marketed some very winning brands.
This has win/win written all over it except for the original shareholders, so who is going to wind up with all of the potential of all the good parts that are left.
It looks like all assets are migrating to CUSA, a US holding company set up to vend in all of the brands under the Canopy as a MSO.
Without Federal legalization and or rescheduling or some such that will allow all of these winning brands to generate profits and trickle down to our shareprice, I don't see how we will materialize as a new profitable company and the holding company suggests that we won't be publicly traded or reporting back to former shareholders of the publicly traded companies that we are morphing from.
This Canopy/Acreage deal befuddles me and somebody smarter than me is going to have to explain to me how I could recapture my investment in both Acreage and Canopy.
So many bs reports of black ink for everybody in the next quarter but no ability to sell our wares in the US marketplace which is generally agreed would be necessary to turn enough product skus to make some profit.
And why would Team Klein shut down the high potential of the beverage skus when I felt like Canopy's beverage skus were going to be Constellation/Canopy's extension of their already successful soft alcohol line?
Who wound up with that State of the art bottling facility with overproduction capability in Toronto? Where did that go?
Soft alcohol sensed that cannabinoid infused were going to eat their lunch and dove in at the beginning to study on their future which seemed to be subbing psychoactive cannabinoids as an alternative to alcohol, excessive sugar and calories with a growing marketplace of diabetic and prediabetic consumers that should welcome this new social beverage.
I don't see much movement on our behalf in regards to our beverage skus for pharma use which has winner written all over it. One more reason to go down to the watering hole to medicate and socialize a bit.
I think this is going to be the final straw if this plays out the way I see it happening and the closest I will get to investing in the pot market will be my old hopeful Cannabix THC breathalyzer company that seem to be the closest I can find with a real working model thc breathalyzer that law enforcement is screaming for.
I mention it because it is the one pot stock that I own with huge multi-bagger potential and their management seems to put the shareholders first and here to go the distance.
With all of that US pot that is going to be legislated for sale at the Federal level, I can see lots of stoned drivers and law enforcement that are already implying that a thc Breathalyzer is an absolute necessity.
LIfeloc BAC breathalyzer and not much more is $3.45 US today for an old BAC unit. It hit close to $40 when BAC breathalyzers came on the scene and Cannabix whipped one up for modern times to complement the THC unit that we have that is closest to the finishline imho.
glta and dyodd