|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||1.6800 - 2.1200|
|52 Week Range||1.4700 - 30.0000|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||10.06|
Additionally, the merger agreement entered into with Deep Roots Medical, LLC, as described in the Company’s April 18, 2019 press release, was terminated due to the ongoing moratorium imposed by the Nevada Department of Taxation. Acreage also announced the resignation of Steve Hardardt, the Company’s Executive Vice President, Chief People Officer and Administration, effective immediately. With the COVID-19 pandemic resulting in a virtual shutdown of significant parts of the United States that is expected to continue for at least the next month and possibly longer, continued construction and regulatory delays in Illinois, California, Massachusetts, Michigan and elsewhere, and in anticipation of a significant economic downturn that will have a yet-to-be-measured impact on the U.S. cannabis industry, the Company re-evaluated its business plan and determined its most prudent path toward profitability.
“We thank Larissa for her tremendous service to Acreage and wish her every success in the future,” said Acreage Chair and CEO Kevin Murphy. Headquartered in New York City, Acreage is one of the largest vertically integrated, multi-state operators of cannabis licenses and assets in the U.S., according to publicly available information. Acreage is dedicated to building and scaling operations to create a seamless, consumer-focused branded cannabis experience.
NEW YORK, March 17, 2020 -- Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ), one of the largest vertically integrated, multi-state operators of.
The medical cannabis dispensary is Acreage’s first retail location in the state. With the opening of the dispensary, located at 10520 Spring Hill Road, Acreage now owns or has management services, consulting or other agreements (including pending acquisitions) for 32 operational dispensaries in 13 states, including 14 The Botanist branded dispensaries. Developed by Acreage, The Botanist is both a retail and product brand, deeply rooted in health and wellness, and focused on the holistic power of cannabis to help individuals live balanced lifestyles.
After getting fired as co-CEO at Canopy Growth, Bruce Linton is back with Collective Growth for a cannabis showdown.
Acreage Holdings, Inc. (“Acreage” or “Company”) (ACRG-U.CN) (ACRGF) (0VZ.F), one of the largest vertically integrated cannabis operators in the United States, announces today that it has filed a prospectus supplement (the "Supplement") to its short form base shelf prospectus dated August 8, 2019 (the "Base Shelf Prospectus") in connection with its previously-announced US$30 million private placement of special warrants (the “Special Warrants”). Copies of the Base Shelf Prospectus and the Supplement are available under the Company's profile on SEDAR at www.sedar.com. The Company has also filed the Supplement with the United States Securities and Exchange Commission and the Supplement is available under the Company’s profile on EDGAR at www.sec.gov.
NEW YORK, Feb. 26, 2020 -- Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ), one of the largest vertically integrated cannabis operators in the U.S.,.
Acreage and CCF are parties to a services agreement with CCF under which Acreage delivers its operational expertise, product development capabilities, and The Botanist retail dispensary brand. On November 15, 2019, Acreage and CCF entered into a reorganization agreement which will result in CCF becoming a wholly-owned, for-profit subsidiary of Acreage.
Needham Cannabis Multi-State Operator Summit – New York City, New York, March 10th: Acreage management will host investor meetings at The Needham Multi-State Operator Conference. ROTH Conference – Dana Point, California, March 17th: Acreage management will present at the 32nd annual ROTH Conference and host investor meetings. Hall of Flowers – Palm Springs, California, March 31st: Acreage management will attend investor meetings hosted by Cowen and Company prior to the Hall of Flowers event.
Nature’s Care Company began adult-use sales on Tuesday, February 18th, complementing Acreage’s adult-use wholesale operations, which began at the start of the year. In addition to its own developed house of brands, Acreage is also the exclusive supplier of Canopy Growth Corporation’s award-winning Tweed branded consumer products in the state of Illinois, which may be purchased at Nature’s Care Company’s Rolling Meadows dispensary and select adult-use dispensaries throughout the state. Headquartered in New York City, Acreage is one of the largest vertically integrated, multi-state operators of cannabis licenses and assets in the U.S., according to publicly available information.
“I have greatly enjoyed working with CEO Kevin Murphy and the other members of the Board to help Acreage grow and work toward its mission of enabling access to legal cannabis for everyone who needs it, but I feel I owe it to my supporters and the country to focus on my Presidential candidacy at this time,” said Weld. “We thank Bill for his tremendous service to Acreage and wish him every success in the future,” said Acreage Chairman and CEO Kevin Murphy.
The Smiths Falls, Ont.-based licenced producer’s net revenue for the three months ending Dec. 31, 2019 represents a 62 per cent increase from the $76 million reported in the previous quarter.
Acreage Holdings, Inc. (“Acreage” or “Company”) (ACRG-U.CN) (ACRGF) (0VZ.F), one of the largest vertically integrated cannabis operators in the United States, today announced it has closed its previously announced private placement of special warrants (the “Private Placement”) for gross proceeds of US$30,000,000. Each Unit will consist of one Class A subordinate voting share of Acreage (“Subordinate Voting Share”) and one Subordinate Voting Share purchase warrant of the Company (a “Warrant”).
NEW YORK, Feb. 07, 2020 -- Acreage Holdings, Inc. (“Acreage” or “Company”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ), one of the largest vertically integrated cannabis operators.
Acreage Holdings, Inc. (“Acreage”) (ACRG-U.CN) (ACRGF) (FSE:0ZV) will host a conference call on February 26, 2020 at 8:30 a.m. EST to discuss Acreage’s fourth quarter and full year 2019 results, which will be released after the market close on February 25, 2020. A webcast will be available and can be accessed via Acreage’s Investor Relations website investors.acreageholdings.com. A playback of the call will be archived on Acreage’s website for approximately 30 days.
On April 18, 2019, Acreage announced that its subsidiary, High Street Capital Partners, LLC (“HSCP”), entered into an agreement to acquire 100% of Deep Roots Harvest, a vertically integrated cannabis operator in Nevada, for a total transaction value of $120 million to be paid in equity of HSCP and cash. Headquartered in New York City, Acreage is one of the largest vertically integrated, multi-state operators of cannabis licenses and assets in the U.S., according to publicly available information. Acreage owns licenses to operate or has management or consulting services or other agreements in place with license holders to assist in operations in 20 states (including pending acquisitions) with a population of approximately 180 million Americans, and an estimated 2022 total addressable market of $16.7 billion in legal cannabis sales, according to Arcview Market Research.
Following the final release of Opportunity Zone regulations on December 19, investors in cannabis dispensaries stand to benefit, some say.
Orlando, January 14th, 2020: Chairman and CEO Kevin Murphy will participate in multiple cannabis industry related panels. The ICR Conference presentations will be webcast and can be accessed live or as an archived replay on the Acreage Holdings Investor Relations website at investors.acreageholdings.com. The Needham Growth Conference – New York City, January 15th, 2020: Chief Financial Officer Glen Leibowitz and Chief Medical Officer Corey Burchman, M.D., will participate in multiple cannabis industry related panels moderated by Needham’s Cannabis Analyst Matt McGinley.
Acreage’s The Botanist and Live Resin Project brands were recognized as among the best products in their respective categories. The Botanist’s CALM tincture, which was awarded 4th place in the Tincture category, is one of the five blends in the brand’s effects-based Herbalist Series tincture collection.
MEDFORD, Ore., Dec. 17, 2019 -- Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ) one of the largest vertically integrated, multi-state operators of.
Las Vegas, December 9, 2019: Executive Vice President, Corporate Development Tyson Macdonald will participate in a panel discussion on institutional investing in the cannabis market. MJBizCon – Las Vegas, December 13, 2019: Senior Vice President, Chief Product and Innovation Officer Heather Boyd will participate in a panel discussion about major market opportunities for cannabis products branching into health, wellness and sports. Headquartered in New York City, Acreage is one of the largest vertically integrated, multi-state operators of cannabis licenses and assets in the U.S., according to publicly available information.
Canopy Growth has launched a new hemp-derived CBD line, its first consumer products targeting the massive American market.
Acreage Holdings, Inc. (“Acreage”) (ACRG-U.CN) (ACRGF) (FSE:0ZV) announced that on November 15, certain of its subsidiaries and Compassionate Care Foundation, Inc. (“CCF”), a New Jersey vertically integrated cannabis nonprofit corporation, entered into a Reorganization Agreement, pursuant to which Acreage will acquire 100% of the equity interests in CCF, and subsequently consolidate their financials. With a population of approximately nine million, New Jersey is estimated to generate $317 million in legal medical cannabis sales by 2022, according to Arcview Market Research. “I’m thrilled to finally welcome CCF into the Acreage family,” said Kevin Murphy, Chairman and Chief Executive Officer of Acreage.