Tag: CL.C
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![Today’s Idea: Wellfield Technologies (WFLD.V) offers tomorrow’s markets today]()
Today’s Idea: Wellfield Technologies (WFLD.V) offers tomorrow’s markets today
Tomorrow’s markets are going to be easier to navigate, or so we’re told by anyone close to decentralized finance (DeFi). The essential promise of DeFi is that it could lead to an altogether more efficient, more democratic form of finance. It promises a system that’s cheaper, faster, more transparent and less prone to manipulation by…
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Cresco Labs (CL.C) reprices Origin House (OH.C) acquisition terms to match declining market
Cresco Labs (CL.C) and Origin House (OH.C) have updated the terms of their $1.1B acquisition, repricing the all-stock transaction to match declining share prices since the deal’s announcement in April. Pursuant to the Amendment, the consideration payable under the Arrangement will be reduced from 0.8428 of a subordinate voting share of Cresco Labs (a “Cresco…
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Fundamental hype: As US MSO’s struggle, is National Access Cannabis (META.V) building the Canadian alternative?
About eighteen months ago, National Access Cannabis (META.V) emerged as part II of the Chuck Rifici master plan of Canadian weed v2.0 domination. His v1.0 domination plan was a company called Tweed, which later became Canopy Growth Corp (WEED.T). At a current $19.5 billion market cap, I guess you’d call that one a win, but…
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Cresco Labs’ (CL.C) no-premium acquisition offer of Origin House (OH.C) is… alright
This morning, Chicago-based Cresco Labs (CL.C) announced it would be acquiring Origin House (OH.C) (formerly CannaRoyalty) in an all-stock deal worth CAN$1.1 billion. The offer comes in at CAN$12.68 per Origin House share. Origin House closed Friday at $12.05, which leaves the premium on the deal being less than amazing. In fact, the stock has…
