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ACRDF - Add Some Acreage To Your Portfolio With This M&A Opportunity
Acreage Holdings Inc Sub Vtg Shs Cl D
Canopy Growth Corporation originally announced plans to acquire Acreage Holdings in April 2019.
Current upside on the deal is a premium of nearly 60%.
Final contingency of the deal hinges on developments in US Federal regulation around cannabis, the prospects of which have dramatically improved following Biden's election and the Georgia Senate Runoff Elections.
Canopy is best positioned in their industry for further strategic acquisitions and leading the way into largely untapped markets like Europe.