John SchroyerNovember 7, 2022
Sales in Ohio and New Jersey helped drive revenue increases.
Tag: Acreage Holdings
John SchroyerNovember 7, 2022John SchroyerSeptember 27, 2022
If the companies fully paid their federal tax bills, only one of the 10 would have more than 10 months worth of cash for operations.
Adam JacksonAugust 9, 2022
Acreage Holdings, Inc. (CSE: ACRG.A.U, ACRG.B.U), (OTCQX: ACRHF, ACRDF) delivered positive results in the second quarter as the company moves away from established western markets in favor of emerging markets east of the Mississippi. The company reported its financial results for the first quarter ending June 30, 2022 after the market closed on Monday. Acreage reported […]
StaffJuly 5, 2022
The Daily Hit is a recap of the top cannabis business stories for July 5, 2022. ON THE SITE Emerald Health Gives Update on Cannabis Exit On Monday, Canadian-based Emerald Health Therapeutics, Inc. (CSE: EMH) (OTCQB: EMHTF) reported its financial results for the year ended December 31, 2021, and gave an update on its plans […]
StaffMay 6, 2022After the market closed on Thursday, Acreage Holdings, Inc. (CSE: ACRG.A.U, ACRG.B.U), (OTCQX: ACRHF, ACRDF) reported its financial results for the first quarter ended March 31, 2022. Acreage reported total revenue of $56.9 million, an increase of $18.5 million or 48% compared to the first quarter of 2021. However, revenue fell sequentially by $1.2 million or […]
Debra BorchardtMay 2, 2022
A judge decided on Friday that a New York case against Acreage Holdings (OTC: ACRHF) can proceed. Judge Andrea Masley in the New York Supreme Court listened to a week-long case and following closing arguments decided that the case against Acreage would not be dismissed. The case is regarding a New York license whose ownership […]
Debra BorchardtApril 13, 2022
With the news that New Jersey was finally approving some cannabis companies to begin selling adult-use cannabis, investors began salivating over who would triumph. Cannabis stocks have been in a decidedly long bear market causing investors to lose great sums of money (on paper at least). As the process to begin these sales went through […]
StaffNovember 11, 2021
Acreage Holdings, Inc. (OTCQX: ACRHF, ACRDF) reported its financial results for the third quarter of 2021 ending September 30, 2021, with total revenue increasing 52% to $48.2 million, an increase of 9% sequentially. Yahoo Finance only recorded one analyst estimate for earnings of $34 million, which Acreage beat. Acreage also delivered a net loss of […]
Debra BorchardtSeptember 16, 2021
Acreage Holdings, Inc. (OTC: ACRHF, ACRDF) is selling its four Oregon dispensaries to Chalice Brands Ltd. (CSE:CHAL) (OTCQB:CHALF). The divestiture is part of Acreage’s strategy to target only core states versus trying to be the largest MSO in the most states. The deal is valued at $6.5 million. Acreage’s four Oregon retail dispensaries are branded […]
StaffAugust 10, 2021After the market closed on Monday, Acreage Holdings, Inc. (OTC: ACRHF, ACRDF) reported its financial results for the second quarter of 2021 ending June 30, 2021. The unaudited results showed that consolidated revenue increased 63% to $44.2 million, versus the same period in 2020 and a sequential increase of 15% compared to the first quarter […]
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