Bullboard - Stock Discussion Forum Acreage Holdings ACRGF

Healthcare Drug Manufacturers - Major

Acreage Holdings Inc is a vertically integrated, multi-state operator in the cannabis industry. Its business operations include cultivating, processing, distributing and retailing cannabis. The Company derives its revenues from its retail dispensary business where cannabis and cannabis-infused products are sold to consumers. Its geographic segments include New England, Mid-Atlantic, Midwest... see more

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Acreage Holdings > Acreage Holdings’ Alternate Financial Reporting Universe

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Post by AwareInvestor on Aug 28, 2019 11:13am

Acreage Holdings’ Alternate Financial Reporting Universe

In keeping with the reporting pattern established over the company’s short, action-packed life, Acreage Holdings quietly filed their quarterly earnings statements this past Friday after market. A full ten days prior, Acreage issued a press release about these same earnings, along with a slide deck meant to help investors follow along through a conference call the next day, in which Acreage’s brass explained the earnings the way they’re meant to be appreciated; without a bunch of IFRS-mandated mumbo-jumbo cluttering it up.

Like subatomic particles, the nature of Acreage’s reporting is known to change based on the manner in which it is observed. Only in a controlled vacuum can Acreage’s earnings be viewed in the proper context.

https://thedeepdive.ca/acreage-holdings-alternate-financial-reporting-universe/

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