New CEO/CFO Acreage Holdings Positive update The company expects to become EBITDA positive this year, and cash flow positive in 2021....
New England and the mid-Atlantic are the regions where Acreage places most of its bets.
The company recently acquired a fully-operational license in New Jersey, where adult-use is expected to be legalized in the November ballot.
“Then what we see happening is a domino effect whereby if New Jersey does that conversion to adult use, you would probably see New York following it, then Connecticut and then ultimately Pennsylvania,” Liebowitz added.