Acreage Holdings, Inc.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Dennis Curran
- Full Time Employees
- 888
- Sector
- Healthcare
- Industry
- Drug Manufacturers - Specialty & Generic
- Address
- 366 Madison Avenue New York City NY United States of America 10017
- IPO Date
- Sep 28, 2020
- CIK
- 0001762359
- Website
- acreageholdings.com
- Similar Companies
- Business
- Acreage Holdings, Inc. (ACRDF) operates as a vertically integrated, multi-state cannabis company in the United States, focusing on the cultivation, processing, manufacturing, distribution, and retail sale of cannabis products for medical and adult-use consumers. The company offers a portfolio of branded consumer products, including premium flower, concentrates, vapes, edibles, and other dosable formats under flagship brands such as The Botanist and Superflux; additional offerings encompass regional brands like Tweed, Prime (medical in Pennsylvania), and Innocent (in Illinois), alongside CBD products through its subsidiary Universal Hemp, LLC. Founded in 2011 and headquartered at 366 Madison Avenue in New York, New York, Acreage conducts operations across multiple states in the Midwest and Northeast, including cultivation facilities, processing plants, and retail dispensaries under The Botanist banner, serving a total addressable market spanning over 172 million Americans in states with cannabis licenses or management agreements. Recent developments include the completed acquisition by Canopy USA--a subsidiary of Canopy Growth Corporation--in December 2024, enabling operational consolidation with Wana and Jetty brands for enhanced synergies and cost savings; the launch of non-medical adult-use sales in Ohio, projected to double state revenue to approximately $100 million by 2025 from $50 million in 2023; an amended and restated credit agreement with a new lender syndicate in June 2024; and a $10 million private placement for working capital to support growth initiatives.
Canopy Growth and Acreage Confirm Canopy USA's Completed Acquisition of Acreage
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Acreage Enters into Amended and Restated Credit Agreement
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RETRANSMISSION: Sienna More Than Doubles its Acreage Bordering Cameco Corporation in the Athabasca Basin of Saskatchewan
Acreage Reports Second Quarter 2024 Financial Results
Acreage Commences Non-Medical Cannabis Sales in Ohio
Sienna Significantly Increases Acreage of Stonesthrow Gold Project in Saskatchewan Bordering Ramp Metals Inc.
Sienna Significantly Increases Acreage of Stonesthrow Gold Project in Saskatchewan Bordering Ramp Metals Inc.
Acreage Announces Appointment of Rebecca Kirk as Chief Operating Officer
Acreage Announces Completion of US$10 Million Private Placement
Acreage Enters into US$10MM Private Placement
Acreage Announces Corporate Transactions
Canopy Growth Announces Exercise of Acreage Options Paving the Way for Acquisition by Canopy USA
Acreage Reports First Quarter 2024 Financial Results
Refined Energy Corp. and Eagle Plains Resources Ltd. Increase Dufferin Project Acreage in the Athabasca Basin
Acreage Reports Fourth Quarter and Full Year 2023 Financial Results
Acreage Celebrates Launch of Adult-Use Sales at Vernon, Connecticut Dispensary
Acreage Broadens Footprint with Relocation of Third Dispensary in Connecticut