Acreage Holdings, Inc.

Acreage Holdings, Inc.

ACRHF
Acreage Holdings, Inc.US flagOther OTC
0.00
USD
+0.00
- -
4.88MMarket Cap
2017 Y
2017 Y
2018 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
- -
- -
- -
0.32
0.86
1.17
1.8
2.16
1.96
1.52
Basic EPS, GAAP
- -
- -
- -
-0.41
-1.74
-2.92
-0.6
-1.28
-0.61
-0.85
Free Cash Flow per Basic Share
- -
- -
- -
-0.96
-2.05
-0.85
-0.7
-0.63
-0.3
-0.26
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-0.01
- -
-0.01
-0.57
-2.19
-4.85
-5.12
-6.18
-6.56
-7.1
Tangible Book Value per Share
- -
- -
- -
4.5
1.2
0.91
0.39
-0.08
-0.73
-1.44
Basic Weighted Avg Shares
96
- -
96
67
86
98
105
110
114
116
Sales/Revenue/Turnover
- -
8
- -
21
74
115
189
237
223
177
Operating Margin (%)
- -
-91.01
- -
-194.72
-240.16
-132.03
-11.91
-8.79
-2.39
-21.44
Depreciation Expense
- -
- -
- -
4
8
6
14
14
13
14
Net Income, GAAP
- -
-9
- -
-27
-150
-287
-63
-140
-69
-99
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
-110.33
- -
-130.1
-202.77
-250.2
-33.36
-58.99
-30.93
-56.15
Working Capital
- -
- -
- -
236
-2
50
46
52
24
9
LT Debt
- -
- -
- -
- -
76
170
193
235
250
286
Total Equity
- -
- -
- -
486
495
260
204
40
-39
-126
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
45
32
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
- -
- -
- -
- -
- -

Company Description

APIChatGPT
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
Business
Acreage Holdings, Inc. (ACRHF) operates as a vertically integrated multi-state cannabis company in the United States, cultivating, processing, manufacturing, distributing, and retailing cannabis products including flower, concentrates, vapes, edibles, and premium brands such as The Botanist, Superflux, Prime (medical in Pennsylvania), Tweed, and Innocent (edibles in Illinois); it serves medical and adult-use recreational customers across Connecticut, Illinois, Maine, Massachusetts, New Jersey, New York, Ohio, and Pennsylvania through cultivation facilities, processing operations, and The Botanist retail dispensaries, with additional hemp operations via subsidiary Universal Hemp, LLC. Founded in 2011 and headquartered in New York City, the company targets consumer-focused experiences in the cannabis sector with geographic focus on the Northeast and Midwest markets representing substantial addressable sales potential. In December 2024, Canopy USA completed its acquisition of Acreage, integrating it alongside Wana and Jetty brands to consolidate operations, realize synergies, and expand production and retail capabilities; earlier in June 2024, Acreage executed an amended and restated USD 167 million credit agreement with Canopy-affiliated lenders and advanced the Canopy USA transaction through option exercise and debt restructuring, positioning for enhanced cash flows and growth in priority states including Ohio, Pennsylvania, New York, and New Jersey.

Company News

APIChatGPT
  • Moolec Science Secures Regulatory Approval for Safflower GLASO Technology in Argentina, Expands U.S. Acreage, and Strengthens Leadership With CFO Appointment

  • Valeura Energy Inc.: Strategic Farm-in Agreement with PTTEP

  • Tamboran Finalizes the Checkerboard of Beetaloo Basin Blocks and Announces US$15 Million Acreage Sale to Daly Waters Energy, LP

  • U.S. Energy Corp. Announces Acreage Acquisition and CCUS Development Update

  • Spearmint Significantly Increases Acreage on the Sisson North Tungsten Project in New Brunswick

  • RETRANSMISSION: Spearmint More Than Doubles the Acreage of the George Lake South Antimony Project in New Brunswick, Canada

  • Spearmint More Than Doubles the Acreage of the George Lake South Antimony Project in New Brunswick, Canada

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

  • Acreage Provides Update on Corporate Transactions

  • Acreage Reports Third Quarter 2024 Financial Results

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  • Acreage Enters into Amended and Restated Credit Agreement

  • Acreage Reports Second Quarter 2024 Financial Results

  • Acreage Commences Non-Medical Cannabis Sales in Ohio

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  • Acreage Announces Appointment of Rebecca Kirk as Chief Operating Officer