Acreage Holdings, Inc.

Acreage Holdings, Inc.

ACRDF
Acreage Holdings, Inc.US flagOther OTC
0.12
USD
+0.00
- -
4.88MMarket Cap
Acreage Holdings, Inc.
ACRDF
(Other OTC)

Recent

price

0.12

P/E

ratio

- -

div

yld

- -

ROIC.AI

2017
2017
2018
2018
2019
2020
2021
2022
2023
TTM
FRC
- -
- -
- -
0.32
0.86
1.17
1.8
2.16
1.96
1.52
Revenue per Share
- -
- -
- -
-0.41
-1.74
-2.92
-0.6
-1.28
-0.61
-0.85
Basic EPS, GAAP
- -
- -
- -
-0.96
-2.05
-0.85
-0.7
-0.63
-0.3
-0.26
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-0.01
- -
-0.01
-0.57
-2.19
-4.85
-5.12
-6.18
-6.56
-7.1
Book Value per Share
- -
- -
- -
4.5
1.2
0.91
0.39
-0.08
-0.73
-1.44
Tangible Book Value per Share
96
- -
96
67
86
98
105
110
114
116
Basic Weighted Avg Shares
- -
8
- -
21
74
115
189
237
223
177
Sales/Revenue/Turnover
- -
-91.01
- -
-194.72
-240.16
-132.03
-11.91
-8.79
-2.39
-21.44
Operating Margin (%)
- -
- -
- -
4
8
6
14
14
13
14
Depreciation Expense
- -
-9
- -
-27
-150
-287
-63
-140
-69
-99
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
-110.33
- -
-130.1
-202.77
-250.2
-33.36
-58.99
-30.93
-56.15
Profit Margin (%)
- -
- -
- -
236
-2
50
46
52
24
9
Working Capital
- -
- -
- -
- -
76
170
193
235
250
286
LT Debt
- -
- -
- -
486
495
260
204
40
-39
-126
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'24
Sep'24
ST Debt
139
6
4
LT Borrowings
101
258
272
LT Finance Leases
16
18
14
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
116
117
117
Market Capitalization
39
36
22

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'24
Sep'24
Total Current Assets
90
57
75
Cash, Cash Equivalents & STI
7
10
14
Accounts Receivable, Net
9
10
10
Inventories
23
34
33
Total Current Liabilities
194
56
65
Payables & Accruals
46
50
45
ST Debt
139
6
4
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-68.92%
-197.14%
Free Cash Flow
- -
10.68%
-50.91%
Net Income, GAAP
- -
106.17%
-50.6%
Sales/Revenue/Turnover
- -
78.01%
-5.8%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
57
61
61
57
237
2023
56
58
57
53
223
2024
45
39
40
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
-0.12
-0.09
-0.2
- -
-1.28
2023
-0.13
-0.14
-0.07
- -
-0.61
2024
-0.24
-0.18
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
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.

Company News

APIChatGPT
  • Canopy Growth and Acreage Confirm Canopy USA's Completed Acquisition of Acreage

  • Sienna Almost Doubles Acreage of Case Lake West Cesium and Spodumene Pegmatite Project in Ontario

  • Acreage Enters into Amended and Restated Credit Agreement

  • Sienna Almost Doubles Acreage of Stonesthrow Gold Project in Saskatchewan Bordering Ramp Metals Inc

  • Texas Pacific Land Corporation Acquires Permian Mineral Interests and Surface Acreage in Cash Transactions

  • 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