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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 Nov 21, 2020 5:42pm
828 Views
Post# 31947697

copy

copyCanopy is building a huge facility in NY for US expansion. Not sure who's name is going on that site but it is a strong show of confidence and definitely leaning towards State law protection. I'm beginning to feel like the triggering event they have talked about is going to go by the wayside and they will just rely on State protection. There is a lot of trading into Canadian licensed producers from US exchanges and also deals being made from lps to pick up assets in the US. It would be a lot easier for the US launch of their greenrush if they descheduled marijuana such that it is legal and that should allow conventional tools such as banking and brokering and fund investments to help rather than hinder the launch. It looks like a lot of potpreneurs aren't waiting and willing to take the risks such as the system is currently. There are some well established MSOs that have built viable high potential cannabinoid businesses legally while tiptoeing around the Fed legislation. It doesn't seem that the Feds have the motivation to rock the boat and if anybody is going to draw their fire, I'm guessing it would be Canopy Growth because of its Canadian roots. There are a ton of CGC shares traded on the old NYSE and it continues on the Nasdaq so that shows to me that Canopy is recognized as a safe bet and that thought is backed with some US dollars, despite the Fed laws overhanging. glta and dyodd
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