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Acreage Holdings Inc is a vertically integrated, multi-state operator in the cannabis industry. Its business operations include cultivating, processing, distributing and retailing cannabis. The Company derives its revenues from its retail dispensary business where cannabis and cannabis-infused products are sold to consumers. Its geographic segments include New England, Mid-Atlantic, Midwest... see more

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Acreage Holdings > Rumors Swirling Canopy In Acquisition Talks with Acreage

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Post by AwareInvestor on Apr 17, 2019 5:37pm

Rumors Swirling Canopy In Acquisition Talks with Acreage

This afternoon, rumors started swirling that Canopy ($WEED) is looking to acquire Acreage Holdings ($ACRG.c). This deal would likely require regulations to be loosened by the exchanges or some very creative “lawyering”.

https://thedeepdive.ca/rumors-swirling-canopy-in-acquisition-talks-with-acreage/

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Comment by Countrygent on Apr 17, 2019 6:52pm

Exchangeable shares. No doubt Constellation wants to build an inside track on US markets. Should get a nice pop on the open, hard to imagine any talks wouldn’t include a substantial premium to the $25 IPO. https://www.bloomberg.com/news/articles/2019-04-17/canopy-growth-is-said-to-near-deal-to-acquire-acreage-holdings

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