Canopy Growth CEO: Cannabis in Canada | Mad Money | CNBC

Описание

Nothing gets your portfolio high like marijuana stocks, but, to be totally blunt, Jim Cramer wonders if the easy money’s been made. Don’t miss his exclusive with the CEO of U.S.-listed player Canopy Growth.
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» Read more about Canopy here: https://cnb.cx/2ueamlU
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Canopy Growth CEO: Cannabis in Canada | Mad Money | CNBC

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Canopy Growth Corporation gets approved by the special meeting of shareholders of the HIKU Brands stock held a few days ago. The acquisition that Canopy Growth Corporation is doing is something we like very much over here at BABY. Hiku Shareholders Approve Previously Announced Plan of Arrangement with Canopy Growth Corporation Hiku Brands Company is pleased to announce the results of its special meeting of holders of the common shares of Hiku held today on August 30th. At the Meeting, Shareholders passed a resolution to approve the Corporation’s previously announced plan of arrangement under the Business Corporations Act (British Columbia) with Canopy Growth Corporation (“Canopy Growth”) (TSX: WEED) (NYSE: CGC), pursuant to which Canopy Growth Corporation has agreed to acquire all of the common shares of Hiku (the “Arrangement”). The required shareholder approval thresholds were met, with the Arrangement being approved by approximately 99.4% of the votes cast by Shareholders present in person or represented by proxy at the Meeting. So it was almost unanimous, that’s just great, seriously! Approximately 52.64% of the common shares of Hiku were represented in person or by proxy at the Meeting. Yep, that’s great, more than the half obviously as they needed that. Now it’s only waiting that separates Hiku from being owned by Canopy Growth Corporation as you can all see right there. Completion of the Arrangement is subject to the receipt of a final order of the Supreme Court of British Columbia, which is expected to be sought on September 4, 2018. And that’s just formality, I mean this will pass for sure without any trouble. In addition, certain closing conditions customary in transactions of this nature are required in order for the Arrangement to occur. Provided that approval of the Court is granted and all other closing conditions are satisfied or waived, Hiku expects the Arrangement to be completed on or about September 5, 2018, following which the common shares of Hiku will be de-listed from the Canadian Securities Exchange. So, from September 5th which is next Wednesday HIKU brands is officially expected to be a part of the Canopy Growth Corporation, which as we already said in the previous video on this matter we over here at BABY believe is a super promising deal. If you are a HIKU brands shareholder you do have to know that, Prior to closing of the Arrangement, it is anticipated that trading of the common shares of Hiku will be halted on the Canadian Securities Exchange as of noon on August 31, 2018. So basically since August 31st you won’t be able to trade any more HIKU stocks, but I believe you got that! THE ARTICLE (Hiku Shareholders Approve Previously Announced Plan of Arrangement with Canopy Growth Corporation): https://www.newswire.ca/news-releases/hiku-shareholders-approve-previously-announced-plan-of-arrangement-with-canopy-growth-corporation-692110981.html MORE ABOUT THE TRANSACTION BETWEEN CANOPY GROWTH CORPORATION AND HIKU BRANDS: (Hiku Brands Shareholder Vote for Canopy Growth Corporation Merger Set for August 30) https://www.newcannabisventures.com/hiku-brands-shareholder-vote-for-canopy-growth-merger-set-for-august-30/ MORE ABOUT THE TRANSACTION BETWEEN CANOPY GROWTH CORPORATION AND HIKU BRANDS: (Hiku Brands to Join Canopy Growth Corporation and Abandons WeedMD Acquisition). https://www.newcannabisventures.com/hiku-brands-to-join-canopy-growth-and-abandons-weedmd-acquisition/ Disclaimer 1: This is not official legal advice, results are not promised, and every individual should take their own decision based on their own experience and knowledge as results may differ between individuals. Disclaimer 2: By the time you're watching this video we may own shares of companies mentioned in this video, and do proclaim that this is NOT a speculative video. If you have any questions or advice for us be sure to post them in the comments bellow, we read and answer all of them. And please don’t forget to give us thumbs up if you want to Become A Better You. #CanopyGrowth #CanopyStock #CGC

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