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Acreage Holdings Inc ACRDF


Primary Symbol: C.ACRG.A.U Alternate Symbol(s):  C.ACRG.B.U | ACRHF

Acreage Holdings, Inc. is a vertically integrated, multi-state operator in the United States cannabis industry. The Company’s operations include cultivating and processing cannabis plants, manufacturing branded consumer products, distributing cannabis flower and manufactured products, and retailing dosable cannabis products to consumers. It is offering a range of products from its flagship brand, The Botanist, for adult-use sales in New Jersey. It has also launched Botanist Vape Cartridges and Disposables in Illinois, as well as Superflux Cured Concentrates. Its brand also includes Prime Wellness. It owns and operates eight cultivation and processing facilities, one each in Illinois, Maine, New Jersey, New York, Ohio, and Pennsylvania, respectively, and two in Massachusetts. The Company also owns 23 operational dispensaries in seven states. Its subsidiary, Universal Hemp, LLC, distributes, markets, and sells cannabidiol products.


CSE:ACRG.A.U - Post by User

Comment by Quietinvestoron Nov 04, 2020 4:44pm
77 Views
Post# 31839306

RE:Canopy is a big trader on the NYSE today

RE:Canopy is a big trader on the NYSE todayAfter my due diligence two weeks ago, fully agree with you and have invested. For me it boils down to one key issue - triggering event. Believe:

- it will occur either driven by the States or by the Fed alone. 
- there is a chance that the company could, on its own, do well before the triggering event. If that were true, the stock split might be better. It has changed once before and could again.
- CANOPY is now into ACREAGE holdings business in detail. I read the most recent agreement on SEDAR and concluded that CANOPY is all in -  key decisions by Acreage must be approved by CANOPY. 

At the current valuation, it is a deal investing into CANOPY USA.    


GLTA
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