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Acreage ( OTCQX:ACRGF -8.5% ) has entered into a short-term definitive funding agreement with an institutional investor for a total of $15M in gross proceeds. More news on: Acreage Holdings Inc., Healthcare stocks news, Stocks on the move, Read more ...
NEW YORK, June 17, 2020 (GLOBE NEWSWIRE) -- Acreage Holdings, Inc. (“Acreage” or the “Company”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ) today announced it entered into a short-term definitive funding agreement with an institutional investor (the “Lender&...
The Cannabis Green Rush Is Back On Lately, it seems like every few weeks, the cannabis industry experiences another positive development. Whether it be a state taking a step toward legalization or cannabis companies posting better than expected earnings reports, there’s been no shorta...
Source: Acreage Holdings. On Monday, Acreage Holdings ( OTCQX:ACRGF ) announced an odd funding transaction: Selling $11 million of convertible debt at below par value with a conversion price well below market rates. This isn't Acreage's first unusual funding transaction, as their Febr...
Multi-state operator Acreage Holdings, Inc. (OTCQX: ACRGF) said it has entered into two definitive funding agreements to receive up to $60 million. According to a company statement, the two funding agreements are as follows: A Standby Equity Distribution Agreement with an institutional ...
NEW YORK, June 01, 2020 (GLOBE NEWSWIRE) -- Acreage Holdings, Inc. (“Acreage” or the “Company”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ) today announced it has entered into two definitive funding agreements for a total of up to $60,000,000 in gross proceeds. The...
Having followed the cannabis sector since early 2013, I can say that it has been quite a wild ride. The stocks have been extremely volatile, and great fortunes have been made and lost by investors and traders in publicly traded cannabis stocks. I have been maintaining an index that illustrates...
Welcome to our Cannabis Earnings series where we break down the latest earnings to help you focus on the most important topics. Introduction Harvest Health ( OTCQX:HRVSF ) has fallen 49% in 2020 so far while underperforming all major MSOs except Acreage ( ACRGF ) which has a host of its ...
It’s time for your Daily Hit of cannabis financial news for May 18, 2020. On The Site Curaleaf Curaleaf Holdings, Inc. (OTCQX: CURLF) reported increased revenue for the first quarter ended March 31, 2020. Total revenue for Curaleaf in the first quarter of 2020 increased...
Welcome to our Cannabis Earnings series where we break down the latest earnings to help you focus on the most important topics. Introduction Green Thumb Industries ( OTCQX:GTBIF ) delivered another solid quarter with quarterly revenue surpassing the $100 million mark for the first time. ...
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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...