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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 > Pissed by all means!
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Post by Doubleeagles on Nov 25, 2024 5:22pm

Pissed by all means!

So no where in the past acreage agreements did it ever specify a share price of Canopy in relation to exchangeable shares. No where. All we new was roughly a 3 to 1 ratio or close to it . And yes factor in the 10 to 1 split making it close to 30 to 1.  This was my assumption when Canopy did their split .

Now they are saying because share price is under $5.00 you he no shares?  Please if there is a slueth out there show me in any press release before or after the reverse  split that mentions share price!  

I've read these agreements many times . I have 30k acreage so I was anticipating about 1k shares of Canopy.  This makes no sence how now with converging approaching its ratio is now based on share price?  This was never mentioned !  

am I wrong?

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