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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

Comment by geodcanon Jan 10, 2021 5:33pm
196 Views
Post# 32264125

RE:RE:RE:RE:DIFFICUL TO UNDERSTAND WITHOUT MATERIAL CHANGE

RE:RE:RE:RE:DIFFICUL TO UNDERSTAND WITHOUT MATERIAL CHANGEYep, your $9 for Acreage fixed shares sounds about right to get near equilibrium.  Don't forget that Canopy with a triggering event will rock.  I can see it easily getting back to its old highs which will drag Acreage shares with it.  Canopy is taking a more fundamentalist approach with an eye on the dollars out and positioning for bringing dollars in.  Canopy needs Acreage and Constellation isn't saying much about their part in this trifecta of companies.  Constellation put up $5 billion Canadian to participate in the future of cannabis buying into Canopy who are leading the pack with innovation and action.  Canopy sees beverages as a big part of their success, Constellation knows it and put their money where their mouth is and Acreage is getting a lot of effort put into it from the first two to get branded products on shelves in the US, heavy emphasis on beverges which are high margin and rapid turnover.  Nicer delivery method that segways right into the social drinking scene for alcohol and no big offensive cloud of smoke.  Constellation people are in the prime spots and Bruce Linton calls them "hardcore entrepreneurs"  with a 41 billion dollar marketcap and earning $10 per share.  They know how to make money and take care of shareholders.  glta and dyodd
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