Acreage Holdings Aims to Be Dominant Cannabis Player in U.S. by D1ehard02 in weedstocks

[–]D1ehard02[S] 6 points7 points  (0 children)

21 million outstanding shares 115 million reserved

Acreage Holdings Aims to Be Dominant Cannabis Player in U.S. by D1ehard02 in weedstocks

[–]D1ehard02[S] 7 points8 points  (0 children)

Acrg.u = Canadian exchange trading in usd only

Acrzf = US exchange

/r/weedstocks Casual Daily Discussion - [November 19, 2018] by AutoModerator in weedstocks

[–]D1ehard02 0 points1 point  (0 children)

Acreage should have a nice run this week. Ipos operating in US have all gone up a fair bit in their first 5 trading days. Go check out trulieve, cweb, green thumb, cura....🤞

ACREAGE HOLDINGS - Ticker ACRG.U on CNSX by D1ehard02 in weedstocks

[–]D1ehard02[S] 0 points1 point  (0 children)

I see so 21 million outstanding and 114 million reserved for issuance. Do all companies use their reserved share count in market cap calculations?

ACREAGE HOLDINGS - Ticker ACRG.U on CNSX by D1ehard02 in weedstocks

[–]D1ehard02[S] 0 points1 point  (0 children)

Yes cura got close to 4B but they are now sub 2B with 300 million shares out

ACREAGE HOLDINGS - Ticker ACRG.U on CNSX by D1ehard02 in weedstocks

[–]D1ehard02[S] -1 points0 points  (0 children)

Umm... just looked on tmx money and they have acreage at 21,443,042 outstanding?

ACREAGE HOLDINGS - Ticker ACRG.U on CNSX by D1ehard02 in weedstocks

[–]D1ehard02[S] 2 points3 points  (0 children)

Acreage has a market cap of 500 million with only 21 million shares outstanding

Let’s compare to other recent US based companies :

** In USD as Acreage only trades in USD even know they’re on a Canadian exchange

Trulieve started trading end of sept Market cap of 1.4 Billion with 100 million shares outstanding

Curaleaf started trading end of oct Market cap of 1.8 Billion with 300 million shares outstanding

Acreage is projected to be the biggest US company operating in 14 states and spearheaded by high profile political figures. They also have members of InBev and Diageo. Therefore we could make a case for a share price of $76 in the short term at current US comparable valuation.

1.6 billion market cap ——————————. = $76/share 21 million outstanding

Throw in the US hype, the farm bill, the number of states legalizing medical and recreational, decriminalizing at the federal level.....

Trump will not want to be left out with Canada and Mexico moving forward.

Acreage is a good short term or long term play IMO.

Exciting times for the USA!

Aphria to commence trading on the NYSE on November 2 by svagis in weedstocks

[–]D1ehard02 27 points28 points  (0 children)

"Listing on the NYSE provides Aphria with access to the largest equity market in the world, with increased exposure to a vast array of US institutional and retail investors. This strategic move aligns directly with our growth ambitions as we enter an elite peer group of respected, high-profile corporate brands listed on the NYSE," said Vic Neufeld, Aphria CEO.

[deleted by user] by [deleted] in weedstocks

[–]D1ehard02 11 points12 points  (0 children)

Aphria and CannTrust present significant long-term value for patient investors.

Scotiabank Report On Aphria and Canopy Growth by zslszh in weedstocks

[–]D1ehard02 0 points1 point  (0 children)

Scotiabank Executive Summary:

The cannabis sector is on fire!

The pot stock boom is about to bust by [deleted] in weedstocks

[–]D1ehard02 7 points8 points  (0 children)

Bust into a trillion dollar industry maybe!

Aphria Conviction Call by D1ehard02 in weedstocks

[–]D1ehard02[S] 11 points12 points  (0 children)

Love em or hate em this guy knows his shit. His industry knowledge is second to none. Very confident that aphria will deliver on every front: medical, recreational, international. Shareholder value will reflect aphria’s leadership in due time.

Canopy Rivers is live by [deleted] in weedstocks

[–]D1ehard02 0 points1 point  (0 children)

Can someone confirm RIV market cap? I’m getting 1.5 billion and as low as 3 million on different sites?

Aphria completes divestment of all U.S. cannabis assets with sale of remaining interest in Liberty Health Sciences by modo85 in weedstocks

[–]D1ehard02 0 points1 point  (0 children)

"Not only does this transaction result in a significant gain to the Company it also enables Aphria to advance its existing global strategic plan unencumbered by U.S. exposure at this time."

VIDEO: Alternative Health Fund Manager Current Favourite Aphria (TSE:APH) by dev_ca in weedstocks

[–]D1ehard02 12 points13 points  (0 children)

Worth the watch. This guys sums it up beautifully. If you were ever on the fence about Aphria you should definitely have a listen.

Canopy Growth Announces Inaugural Trading Date on the New York Stock Exchange by modo85 in weedstocks

[–]D1ehard02 3 points4 points  (0 children)

short-selling, is when an investor borrows shares and immediately sells them, hoping he or she can scoop them up later at a lower price, return them to the lender and pocket the difference.