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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 > Let's understand how this will trade post vote
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Post by SeNseiBle on May 06, 2019 9:20pm

Let's understand how this will trade post vote

Let's assume the deal goes through. Cash dividend will be taken out of the stock and it will trade somewhere at a discount of the share ratio ONLY. New shareholders will no longer get the cash. We then trade on speculation of "permissible" in the states. With the ability to pull the plug for a cash payment I only see this as an option for Acreage. I haven't perused through all the documents so fine details are crucial. Canopy will be the dominant premium in the market- value wise there may be better but let understand the brand premium. The fact the dividend alone now equates to well over 10percent and a much larger discount its worth your while. No as a Canadian we have a little currency risk as acreage is priced in USD. You may also want to look at GWPH.. Could be the next 4 figure stock before long- maybe 5 years long maybe alot less. Patience is a virtue- I teach, can rarely do- sad!!
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