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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

Post by geodcanon Dec 18, 2020 8:45pm
119 Views
Post# 32145917

I hope Caldini wields a big stick

I hope Caldini wields a big stickand can bring some interest to the importance that Acreage is to the world leading cannabis and hemp company.  Canopy needs what Acreage brings and Canopy chose Acreage over all of the US MSOs.  Acreage got hit harder than most potpreneurs after the initial deal was struck between the two companies and that continued with the revisited deal.  I'm not sure what measuring stick investors used to calculate the worth of the stock but I think the downtick was overdone.  Acreage has leaned out and trimmed up and moving full steam towards profitability.  They have divested some of the losers and picked up some more essential pieces.  The most important and valuable things are being concentrated on and Canopy has done branding deals to get their successful products generating revenue for Acreage to add to their profitization efforts.  

I am excited for Caldini taking the wheel because I think he is what is needed to bring some eyes and excitement to Acreage.  The way I see it Acreage is going to be the foundation for Canopy to grow and expand itself to maintain world leader status.  The US is essential for that and Canopy is actively pursuing the build out with great respect and concern to not violate any Federal issues in the US.  I welcome some new blood with the kind of credentials that Caldini has to draw some interest from investors to realize Acreage's part  and essentialness and reflect that in the shareprice.  The revisited deal that Canopy has with Acreage is still pretty lucrative if sharevalues remain relative and will be a way for potential investors to get some shares because a triggering event is going to launch Canopy stock back to old highs or higher.  US investors are already piling into Canopy stock as well as other Canadian lps, so you know that they want a trigger just as much as Canopy and Acreage shareholders.  Money in the bank, financial backing and STZ's hardcore entrepreneurs working behind the scenes to protect their marketshare as consumers adopt cannabinoid beverages as an alternative to alcohol beverages.  glta and dyodd
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