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Acreage Holdings Inc C.ACRG.A.U

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

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 Alex95on Dec 15, 2020 3:20pm
140 Views
Post# 32111062

Updates

UpdatesThere are a lot of positive events coming down the pipeline for Acreage in the short term. Don't forget they are about to announce their incoming CEO, and if this person has any ties to constellation brands, you can bet your balls that this thing is going to rocket. They have an additonal 3 adult use stores up and running that they did not have in the previous quarter. They also have their partners in Maine that have now opened a dispensary for adult use. There will be a nice increase in revenue this quarter which will make the new CEO look good. They are very close to being able to get all the wholesale and retail licenses in OHIO where they have 5 branded Botanist medical dispensaries up and running. They are investing heavily in New Jersey and should be a dominant player in that state along with New York opening up in 2021. I believe the combination on constellation/canopy/ acreage and terrascend are all the pieces needed for north american domination. stay patient, acreage will come back and when it moves its going to move quick. 
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