Acreage Holdings ACRGF

Even a buyout cant lift this garbage.

[carrera2S]

UNREAL

[thcalternative1]

Kevin Murphy sold shareholders out! Why sell company now? Another win for Canopy and Bruce Linton

[canuckinvestor]

 Can you read ? The deal is tied to federal legalization  in rhe US so the stock won’t go up much until then  it’s tied to canopy stock at .581 per 1 share of acreage 

[Countrygent]

Well your ACRG is hitched to Canopy and Linton now - the 40% premium is coming, based on the exchange ratio and the $2.55 sweetener cash payout. I think the dilution required for Murphy to pursue his strategy of rolling-up independents state by state was getting too expensive, and now he has access and backing of big money tied to the same strategy.  Like it or not you are now a surrogate

[Druckenmiller]

thanks for your opinion countrygent. This definitely adds value to acreage shareholders on many levels. Been deciding between deploying capital between this and SNN. Acreage is obviously a higher probability bet so I bought a chunk an hr ago.

[Jaydcrzy]

Nice breakdown thankyou.  Its just the recent low on Canopy that is making people cash out today.  Patient people taking shares from the impatient... 

[thcalternative1]

It appears current shareholders are bailing. They are tired of trying to get their cost back from original financing. Current investor are capped with updise of less than 40% Better investments in this space out there. Only winner is the current CEO.

[endofdays7]

This is a great deal for investors.... traders and gamblers may not like it but investors should love it. The problem with these mso's is to many retail investors that missed out on the multibagger growth of canadian lps thought they would get another chance with these mso's without realizing that these mso went public with multi billion dollar valuations. The mso's were never going to

[thcalternative1]

Thanks oountrygent for the informative synopsis

[Thebills]

Shareholders got screwed...they talked up a storm and then they sell the company for a song  ..I wonder how much the insiders made on this one..you live and learn and don't trust no-one..