xelhorn1
2 weeks ago
There are 2 stock symbol for Acreage Holdings on Fidelity.
ACRHF - Fixed Subordinate Voting Class E
ACRDF - Floating Subordinate Voting Class D
Why not buy the floating shares Instead? (ACRDF) Canopy's stock here doesn't have to go over $5 to get a stock converted. 22 shares to 1 is far better than none at all.
I found this under Acreage's profile on SEDAR+ www.sedarplus.ca in a MD&A document which was dated 11/8/2024.
"On October 24, 2022, Canopy Growth entered into an arrangement agreement with Canopy USA and Acreage, as amended (the “Floating Share Arrangement Agreement”), pursuant to which, subject to approval of the holders of the Floating Shares and the terms and conditions of the Floating Share Arrangement Agreement, Canopy USA will acquire all of the issued and outstanding Floating Shares by way of the Floating Share Arrangement in exchange for 0.045 of a Company common share for each Floating Share held. In connection with the Floating Share Arrangement Agreement, Canopy Growth has irrevocably waived the right to acquire all of the issued and outstanding Floating Shares (the “Acreage Floating Option”) existing under the Existing Acreage Arrangement Agreement".
N.C.LUCKY(7)
3 years ago
Acerage Holdings hires New COO.. Dennis Curran brings over 35 years of leadership experience in the areas of product categories, sales, trade channels, distributor management, marketing, and business maturity in both domestic and international markets. Before joining Acreage, he was the Chief Customer Officer at GSK Consumer Healthcare and was responsible for delivering sales, profitability, and innovation for the United States, the business’ largest market. Prior to GSK, Mr. Curran had a career spanning 29 years with Procter and Gamble (P&G) in both the US and Europe working with some of the world’s leading consumer brands. His last role at P&G was Regional Manager and President for P&G’s North American Prestige business. Mr. Curran was responsible for overseeing sales, marketing, operations, and communications for various prestige brands with a portfolio worth roughly $550 million. Dennis will be replacing Robert J. Daino who as previously announced will be retiring at the end of March.. https://finance.yahoo.com/news/acreage-appoints-chief-operating-officer-123000924.html
Dennis Curran, former GSK & P&G Executive, named COO of AcreageNEW YORK, March 01, 2022 (GLOBE NEWSWIRE) -- Acreage Holdings, Inc. (“Acreage” or the “Company”)...
N.C.LUCKY(7)
3 years ago
Acerages Holdings today announced it has secured a $150 million credit facility (the “Credit Facility”) with AFC Gamma, Inc. (NASDAQ:AFCG) (“AFC Gamma”) and Viridescent Realty Trust, Inc. (“Viridescent”). Under the terms of the Credit Facility, $100 million is available for immediate use and a further $50 million is available in future periods under a committed accordion option once certain, predetermined milestones are achieved. Acreage intends to use the proceeds of the Credit Facility to fund expansion initiatives, repay existing debt and provide additional working capital. https://finance.yahoo.com/news/acreage-holdings-secures-150-million-220000560.html
Strengthens Balance Sheet to Support Refocused Strategy and Build Depth in Core MarketsNEW YORK, Dec. 16, 2021 (GLOBE NEWSWIRE) -- Acreage Holdings, Inc. (“Acr...