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Acreage Holdings, Inc. (ACRGF)

Other OTC - Other OTC Delayed Price. Currency in USD
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2.7700-0.0250 (-0.89%)
At close: 3:59PM EDT
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  • R
    Robbie
    Pot stocks are saying Biden is going to win. Maybe people are starting to believe.
  • R
    Robbie
    Protection for cannabis companies is in this new stimulus bill I have heard, if they ever get it passed. Going to be fun to watch Mitch not bring it up for a vote so him and Trump can fight it out and end his career.
  • B
    Brian
    I'm 50/50 between fixed and floaters and now their prices are almost equal. Should I sell some floaters and by fixed or vice versa?
  • D
    Dean
    Just for clarification the "triggering event" is now US decriminalization, not US legalization? And the triggering event will not happen unless the US decriminalizes?
  • B
    Brian
    Hypothetically speaking...say the US finally agrees to full legalization in the next 30 days...which cannabis company stands to benefit the most?
  • N
    NØRSE
    Case in point, fixed following CGC, and CGC's positioned to do well as Biden continues a heavy lead and high probability of Democrat senate majority.
  • J
    Jackfrost
    paulino... are you changing your ratio now?
  • N
    NØRSE
    Okay ACRHF, this is when you prove me right again and follow CGC... Any time now...
  • R
    Rick
    Cramer loves CGC and Acreage!!
  • N
    NØRSE
    I will reiterate my opinion consolidated in one post. Both Fixed and Float are positioned to do well at this price point, with significant upside. Potential buyers are obviously trying to determine which will provide the most upside with the least risk. Unsurprisingly, by the very nature of the "deal", both Fixed and Float's success hinges primarily on the "triggering event" (TE) taking place, obviously.
    Now that we've established that, we can begin analyzing how Fixed and Float will move in the days leading up to the TE. Once shares shifted from ACRHF, into ACRDF and ACRGF it helped clarify what these two share classes will be tied to. Had they remained all ACRHF it would be MORE confusing and muddied trying to determine what the stock would do should CGC rise for example, and ACRHF post poor earnings on 11/12/20. However now, because they split into two separate classes already, if CGC continues to rise, you should expect a fairly steady rise in FIXED shares leading up to the TE. While the FLOAT shares, may follow the performance of Acreage in the days leading up to the TE. Most people will likely have more faith in CGC's management and cash in the days leading up to the TE, and that's why I believe Fixed are positioned to provide the most upside and least risk until the TE, but that both classes once the TE is met, will do well.
  • C
    Chris Reed
    So can I buy acreage holdings right today and my acreage shares will still turn into canopy.
  • P
    Paulino
    cgc up around 35% in last 6 days
    and fixed shares up like 3%
    hard to believe ....

    arb premium went from 57% to now 104% .....
    i added more fixed today at 2.96us .....
  • R
    Robbie
    So, I was wondering how Acreage is going to be allowed to sell CGC's beverages next year. I guess CGC will ship the legal liquid to an Acreage bottling facility in the states where they will sell the end product and they will add the THC at the bottling facility. That way it's all legal. Anyone know if this is what has to happen?
  • b
    bellbell63
    If you want to be cynical you can say CGC won't and never intendesto buy the FLOATS. Whole thing was just a scheme to reduce ratio from .6 to .3. And in addition only have to buy 70% (30%) discount. All in exchange for .32
  • b
    bellbell63
    FIXED vs FLOAT
    Assume CGC has been trading around $20 and FIXED around $3. For reasons unknown to us mortals, the attorneys, accountants, BOD, CEO etc of CGC decide that buying Acreage immediately is more important the keeping their NYSE listing. (or maybe NYSE rules change). They can keep trading as WEED on CSE and some new symbol on OTC (as F,D do now). What happens? FIXED immediately jumps to about $6. What happens to FLOATS? CGC is not obligated to buy them. Nothing has changed fundamentally. My opinion is that FLOAT might move a little or maybe not at all. I wonder if CGC is allowed to buy FLOATS in the open market well below $6.41.
    So I would not sell any FIXED I had and buy FLOATS. Or buy new or more FLOATS. I think FIXED are better play.
  • R
    Robbie
    This stock should be $4 right now. Canopy is surging. Biden is going to win, especially after the next debates where Trump is going to reassure people why he shouldn't be in office. Whats up?
  • B
    Billy
    isn't this fun!
  • N
    NØRSE
    My ACRHF (Fixed) shares are showing up as 00489Y600 in TDAmeritrade - anyone else seeing similar?
  • J
    Jackfrost
    the gap is closing between the two.
  • R
    Robbie
    If the deal takes a long time to trigger, then I think the floaters are the best bet, but if it happens soon, the fixed might be the better deal, although at these levels their both good.