Acreage Holdings Inc C.ACRG.A.U

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

Healthcare

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.

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Acreage Holdings Inc > 55orbust

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Comment by Quietinvestoron Dec 15, 2020 6:52pm

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Post# 32115001

RE:RE:55orbust

Agreed. To top it off, Acreage is already producing and selling in the US CANOPY branded dry products under license. Next, they will be selling beverages, produced by Acreage under icense. Reading the agreement in detail, this is a deal for "Acreage to lose". The covenants are clear - any key decisions need CANOPY approval, do not go into debt without CANOPY approval, stay focussed on key profitable markets/states.

GLTA

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