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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 geodcanon May 18, 2022 6:38pm
225 Views
Post# 34693939

Canopy

Canopyjust inked a deal to lock up Jetty Vapes div of Lemure.  Same subject to option of pot decriminalization or some other legalizing effort such that non US based businesses can do cannabinoid business on US soil.

A lot of people are trying to paint a picture of doom and gloom but moves like this just move past this theory as Canopy continues to size up and acquire related businesses that will complement their tail to snout marijuana and hemp businesses.

Acreage seems to be concentrating in the Eastern US and leaning out in the Pacific Northwest.

This sure seems like a company on the go, positioning themselves for maintaining leadership and US rollout.

It sure seems to me that they have intentions of planting their victory flag on US soil.

At current prices those redemtpion deals that Acreage has with Canopy are looking pretty inviting as a way to pick up Canopy shares.

When we get the starter pistol those same cheap Canopy shares are going to be in short supply, although deals like this and Jetty are making for an increased sharefloat.  Supply and demand!  Remember that only some of the US investors have positioned with Canopy shares.  There's a lot more to come when the criminal risk is gone out of the Federal legislation.

The US is the big enchilada pot market where good companies can be highly successful and the rest of the world will follow!

glta and dyodd
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