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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 Mar 28, 2024 4:27am
92 Views
Post# 35957256

RE:RE:Acreage shares

RE:RE:Acreage sharesFor one class of shares you have to give up 2 Acreage shares plus a third and for the other class you have to give up 3 shares and a third so one deal is better value than the other.

All of this happening and now vending all of these shares in to CUSA will bring Canopy, Acreage and Constellation together as the new and hopefully formidable US MSO with Constellation lending in the background and the same hardcore management that orchestrated this deal and I think, manipulated the values of Canopy, Acreage and some of their other brand's companies to firesale values where they took advantage of investors.

I don't think the chances of hitting the good old values will happen but then again, the States are 10x the consumers that Canada was and stand a chance of making profits.

Even Klein in his BNN interview mentioned 10x sales, but that doesn't mean it will make the pre- consolidation shareholders whole again.

Quality and price are going to become more important for successful potpreneurs and any legal bills that move pot investors in to the market is also going to drive underfinanced potpreneurs out of the market until the law of supply and demand gets equilibrium.

Too much supply and too many players, especially black market players in the US are hurting a healthy cannabinoid business.

Value added and pharma developers have a huge edge if they can deliver product to consumers because they can demand more than smokeable skus.


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