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A US multi-state operator (MSO) is moving forward with an arm’s length sale of assets to a cannabis real estate investment trust (REIT) firm. On Monday (May 13), Acreage Holdings (CSE: ACRG.U ,OTCQX:ACRGF) confirmed its plan to sell cannabis-related real estate assets to Gree...
Welcome to our Weekly Cannabis Report, a reliable source for investors to receive the latest developments and analysis in the cannabis sector. Trading Summary Cannabis stocks tumbled last week as the broader market fell on trade concerns. The Horizons Marijuana Life Sciences Index ETF ( ...
NEW YORK, May 13, 2019 (GLOBE NEWSWIRE) -- Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0ZV) today announced it has entered into a Letter of Intent (the “Letter of Intent”) with GreenAcreage Real Estate Corp., a newly formed REIT (“...
After making the case for Aurora Cannabis ( ACB ) reaching old highs, the full stock breakout never occurred as pot sales in their home territory of Canada have never materialized in a meaningful way. The large cannabis company desperately needs access to the massive U.S. market, but the ...
NEW YORK, May 09, 2019 (GLOBE NEWSWIRE) -- Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ) announced institutional investor conferences it will attend in May, and its first quarter 2019 earnings release date. MAY CONFERENCE ATTENDANCE Acreage ...
NEW YORK, May 08, 2019 (GLOBE NEWSWIRE) -- Acreage Holdings (“Acreage”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0ZV) today announced the appointment of Christine Rigby as Vice President of Investor Relations. Rigby will partner with Steve West to develop and strengthen the company&...
The Florida Market Florida is the third-largest state by population and the second-largest state with legal cannabis. Medical cannabis was legalized in Florida in January 2017. Since then, the Florida market has grown continuously by all metrics, with patient counts rising to over 280,000 ...
DENVER, Colo., May 7, 2019- (24/7MarketNews via COMTEX)- While most weed sector deals aren’t as large as Marlboro’s Altria Group Inc. (NYSE:MO) $1.8 billion investment in Cronos (NASDAQ:CRON) (TSE:CRON), but this week’s mergers seemingly signal that the space is heat...
US banks continue moving towards deal making in the cannabis sector, with Bank of America (NYSE: BAC ) now holding just over US$2 million worth of stock in a large Canadian marijuana firm. The bank reported that it held 382,352 shares of Aphria (NYSE: APHA ,TSX:APHA) as of its latest disclos...
Welcome to our Weekly Cannabis Report, a reliable source for investors to receive the latest developments and analysis in the cannabis sector. Trading Summary Cannabis stocks fluctuated last week to close an uneventful month of April. Horizons Marijuana Life Sciences Index ETF ( OTC:HMLSF ...
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Consolidated revenue grew 84% to $58.1 million in the fourth quarter and 65% to $188.9 million for the full year Full year gross margin increased to 51% Achieved positive Adjusted EBITDA through fiscal 2021, an improvement of $54.1 million over 2020 ...
NEW YORK, March 08, 2022 (GLOBE NEWSWIRE) -- Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.A.U, ACRG.B.U), (OTC: ACRHF, ACRDF) , a multi-state operator of cannabis cultivation and retailing facilities in the U.S., today announced a licensing agreement w...
NEW YORK, March 04, 2022 (GLOBE NEWSWIRE) -- Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.A.U, ACRG.B.U), (OTCQX: ACRHF, ACRDF) , a vertically integrated, multi-state operator of cannabis cultivation and retailing facilities in the U.S., today anno...