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The prospects for recreational marijuana legalization in New Jersey are looking brighter. According to a poll of roughly 700 registered voters conducted by that state's Monmouth University and published on Thursday, 61% of respondents would vote in favor of it. Only 34% answered that they would ...
Investors shouldn't hold their breath waiting for Acreage Holdings (OTC: ACRGF) to report earnings for its recently completed quarter. The marijuana company revealed in a regulatory filing Wednesday that it will not file its 10-Q -- the quarterly earnings form required of all public compan...
Trulieve (OTC: TCNNF) , a Florida-based seed-to-sale company with 46 medical marijuana dispensaries in the Sunshine State, has been able to adjust smoothly to varying customer demand posed by the COVID-19 pandemic. It didn't hurt that, at least in Florida (the company also has dispensari...
NEW YORK, April 22, 2020 (GLOBE NEWSWIRE) -- Acreage Holdings, Inc. (“Acreage” or the “Company”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ) today announced it will host a conference call on June 26, 2020 at 8:30 a.m. EDT to discuss Acreage’s first quarter 2...
The past three weeks have been undoubtedly tough for anyone who watches marijuana stocks . A massive panic selloff as a result of the coronavirus has caused cannabis stocks to plummet in value. While this has taken only a few weeks to occur, the cannabis market has been looking for a reset. If ...
There's nothing like a crisis to focus the mind. The last twelve months have been a disaster for cannabis investors. This article will include a quick review of the past year, assess where we are now, and offer ideas of how investors might address the future. A crisis? How about three? T...
None of these cannabis companies have had a single free cash flow positive quarter since the second quarter of 2018. Source: The Growth Operation U.S. Cannabis Company Comparison . Cash is Limited Cannabis companies in the United States are in a difficult situation. Cannabis is federa...
NEW YORK, April 03, 2020 (GLOBE NEWSWIRE) -- Acreage Holdings, Inc. (“Acreage” or the “Company”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ) today announced a series of operational updates and strategic business decisions related to the significant impact of the CO...
In very disappointing news for Empire State marijuana aficionados, it seems as if the legalization of the recreational form of the drug is off the table for now. On Tuesday, the Democrat and Chronicle in Rochester, New York, reported that Gov. Andrew Cuomo said it was "not likely" that th...
The coronavirus has caused quite a big stir in the world’s financial markets as well as the cannabis industry in particular. With marijuana stocks shooting down and then back up very quickly, it is clear that now is an extremely volatile time for any investment. With that in mind, we ...
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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...