ACRGF - Acreage raises cultivation output at New Jersey facility amid growing market

Acreage (OTCQX:ACRGF) completed an expansion at its Egg Harbor Township, New Jersey cultivation facility which led to the maximization of cultivation and manufacturing footprint of the ~85K sq. foot facility, which ultimately increased capacity output fourfold. The company undertook this step to support increasing retail demand at Acreage's The Botanist locations and to supply the robust and rapidly growing wholesale market in the state with its high quality indoor grown flower and products. Currently, Acreage operates three dispensaries in New Jersey which is the maximum number allowable by state law, as well as a cultivation and processing facility.

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Acreage raises cultivation output at New Jersey facility amid growing market