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Bullboard - Stock Discussion Forum Canopy Growth Corp T.WEED

Alternate Symbol(s):  T.WEED.DB | CGC

Canopy Growth Corporation is a cannabis company. It delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space, in addition to category-defining vaporizer technology made in Germany by Storz & Bickel. The principal activities of the Company are the production, distribution and sale of a diverse range of cannabis and... see more

TSX:WEED - Post Discussion

Canopy Growth Corp > Even Acrg A and B
View:
Post by geodcan on Apr 30, 2024 4:01pm

Even Acrg A and B

are getting an uptick today with all of the action from the rescheduling news.

Does anybody know what the formula is for the rto of the Acreage shares.  It had to change after the consolidation of Canopy shares.  Pizses me off that shareholders can't access the revisit deal.  I very much doubt that they are going to leave it at the 2 or 3 shares for 1 Canopy since the Canopy consolidation.

At one time I thought that the Acreage shares would be a way to get some Canopy shares cheap when the rto happens but the whole deal has only gotten more confusing without much direction from management of any of the involved companies.
Comment by lou444 on Apr 30, 2024 8:42pm
Very simple, the conversion ratios (post RS of 10:1) are 0.045xCGC for ACRDF and 0.03048 for ACRHF. Thus 1000 shares ACRDF will translate to 45 shares of $CGC. Like wise, 1000 ACRHF will give you 305 shares of $CGC 
Comment by lou444 on Apr 30, 2024 8:50pm
Typo 30.5 shares not 305
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