Post by
Batemanwanabe on Apr 19, 2019 9:58pm
The real deal
Let’s stop with all the confusion, it’s simple , 2.55 usd per share now ,,, And .58 of a weed share at the time of federal legalization. Buy the time marijuana is federally legal a weed share could be worth 100$ so a little over 58$per acreage share plus 2.55$ that’s 60.55 per acreage share . Or for those who believe weed shares are overpriced,, Maybe all this Cannabis bubble will pop and a weed share will be worth 10$, in that case we will get 5.80 $ a share plus 2.55$ For a total of 8.35 .............good deal or bad deal who knows
Comment by
Batemanwanabe on Apr 19, 2019 10:51pm
Good explanation, you just hit the nail on the head , let’s hope all the investors in acreage holdings understand the real deal and just how GOOD it could be for us , I am no fortune teller , but I can say I’m loading up in acreage shares from now on .
Comment by
Sampic on Apr 20, 2019 4:34pm
The way I’m reading it the price is set and does not float with canopies share price.If canopy is 100 dollars when this deal closes It doesn’t matter it’s based off Canopies 30 day ma as of April 16th.So the most you can get is 27 and change even if the deal closes 3 years from now.So if you buy at 22 your making almost 6 per share the key is how long does the USA take to legalize.
Comment by
Batemanwanabe on Apr 20, 2019 5:43pm
Ya I don’t know what to make of it ,,, I read this deal like you just said , but I also read , that the .58 shares of weed per acreage share , will be issued at the time of legalization? Hard to follow,,, what if a share of acreage is worth the same as a weed share by then ?
Comment by
Batemanwanabe on Apr 20, 2019 5:52pm
Care to explain a bit more countrygent99? The other way of reading the deal is a bit confusing when they mention the 30 day average and the set price of 3.4billions ?
Comment by
Batemanwanabe on Apr 20, 2019 7:04pm
Thanks for your reply , that’s what I tought , like we talked about yesterday just got a bit confused reading posts here and there and started to second guess myself, a big thanks to your response .this IS a great deal and will be voting yes also .