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Bullboard - Stock Discussion Forum Acreage Holdings ACRGF

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

OTCQX:ACRGF - Post Discussion

Acreage Holdings > Details
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Post by Peyton on Apr 23, 2019 2:52pm

Details

Just curious if anyone knows exactly how the $2.55 per share is paid? Is it after the shareholder vote in June? How is the $ paid? I'm holding a substantial amount and I just dont understand how wide the spread is getting. I'm wondering if I'm missing something. I get their is some risk involved but we are getting WEED at close to a 30% discount right now. I must be missing something.
Comment by endofdays7 on Apr 23, 2019 5:41pm
This stock isnt listed on any major exchange. Big money (smart money) isn't in it because of that. So what we have here is retail bailing out because they thought mso's would be the next big thing and they might see the 2000% sustained gains some lps have seen. Moving their money out... I guess 100-150% over the next 2 years isn't enough for some. Funny thing is most mso's will ...more  
Comment by Supermariog on Apr 23, 2019 6:13pm
I'm not a big investor, but got in june 2016 and patient. i'm 50-50 Aurora -WEED. The exact same situation happened when Aurora bought Canimed & Medreleaf. I had witnessed the same thing when WEED bought Metrum. Then on the Aurora's deals, I got 559 & 834 free shares. ESAY, I'm in for the next 5 five years minimum. Sold 1,000 WEED around $ 60., got 1960 ACRG and so I will ...more  
Comment by Druckenmiller on Apr 23, 2019 11:34pm
you're not missing anything. You will receive 2.55 per share you own if the vote goes through in June. I think the spread is wide because this is a difficult stock to arbitrage since it doesnt trade on a big exchange. Also, think many investors are upset. In time she should become more rational.
Comment by weedstocks55 on Apr 24, 2019 1:44am
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