Post by
geodcan on Jun 21, 2021 7:29pm
ACRG B floating shares are going up
while the A fixed are going down. I'm thinking that those B shares are going to float right up to the value of A shares with a triggering event.
As far as the uptick for the B shares, I can't help but wonder if Canopy or Constellation is causing that uptick by picking them up on the qt or through some numbered company or other alias. I seem to remember that those B shares have a $6 redemption minimum on them when redeemed for Canopy shares and those are US dollars.
A triggering event that launches Canopy into the US with the assets of Acreage Holdings will rocket Canopy's shareprice back to old highs or higher and the B floating shares will do the same imho. All will be in short supply as American investors pile in to be a part of a company that has been forbidden fruit to them, or at least, the law abiding ones.
The longer it takes for the Feds to do the work necessary to launch their US greenrush the more failures we can expect in junior potpreneurs or they will get swallowed up if they have something unique going on.
The deal that Canopy and Acreage have inked is proactive groundwork that hardcore entrepreneurs do to get their way until they get the government softened up enough to do the process. Canopy is still number one and Acreage is a leading US MSO.
glta and dyodd