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Forum - Stocks For A Different Jungle    If it belongs at the Pit it doesn't belong here.

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From: blacksheep (Rep: 331) reply to blacksheepDate: 07/10/2018 16:07
Forum: Stocks For A Different Jungle - Msg #19159Thread #674013990 (Rec: 0)
Re: Canopy Growth to acquire Hiku Brands to strengthen retail and brand portfolio
Jul. 10, 2018 3:50 PM ET|About: Canopy Growth Corporation (CGC)|By: Pranav Ghumatkar, SA News Editor
Canopy Growth (CGC -1.8%) and Hiku Brands (OTCPK:DJACF +1.7%) are pleased to announce that they have entered into a definitive arrangement, in which Canopy Growth will acquire all of the issued and outstanding common shares of Hiku.

Under the terms of the agreement, Hiku shareholders will receive 0.046 of a Canopy Growth common share in exchange for each common share of Hiku.

The transaction provides Hiku shareholders with a premium of 33% based on the 20-day volume weighted average prices of the Canopy Shares and the Hiku Shares as of July 9, 2018, and a premium of 21% based on the closing prices of the Canopy Shares on the TSX and the Hiku Shares on the CSE on July 9, 2018.


1.24 20% gainer the last couple of days



Reply to blacksheep - Msg #19157 - 06/22/2018 09:59

Re: 1.24 20% gainer the last couple of days

1.02 Took a flyer on these for fun. Bud Takes Over Tiny Pot Stock?
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