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Canopy Growth Acquisition Target Acreage Reports 30% YoY Decline In Q3, Record Cannabis Wholesale Revenue In NY
Friday, November 15, 2024 - 10:10am | 538Vertically integrated cannabis operator Acreage Holdings, Inc. (CSE:ACRG, ACRG.B.U)) (OTCQX:ACRHF, ACRDF)) reported its financial results Thursday for the third quarter ended Sept. 30, 2024. "In the third quarter, we continued to focus on re-accelerating growth across our core states, including...
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Acreage Holdings Q2 Revenue Drops, Invests In Ohio Growth As Canopy Acquisition Nears
Thursday, August 15, 2024 - 10:52am | 634Acreage Holdings, Inc. (OTC:ACRHF), a multi-state operator of cannabis cultivation and retailing facilities, announced its Q2 2024 earnings on Wednesday, revealing a mixed financial landscape marked by strategic expansions yet shadowed by a significant net loss and a revenue dip, down 33% year-over...
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Canopy Growth Doubles Down On Its USA Strategy, Announces Exercise of Acreage Options
Tuesday, June 4, 2024 - 12:51pm | 762Canopy Growth Corporation (TSX:WEED) (NASDAQ:CGC) announced on Tuesday today that the option to acquire all of the issued and outstanding Class E subordinate voting shares of Acreage Holdings, Inc. (CSE:ACRG, ACRG.B.U)) (OTCQX:ACRHF, ACRDF)), has been exercised. What Happened The latest move is by...
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Acreage's Q1 Revenue Slips 19% YoY But CEO Foresees 'Significant Growth Opportunities' As Canopy Growth Strategy Moves Forward
Friday, May 31, 2024 - 9:07am | 521Multi-state cannabis operator Acreage Holdings, Inc. (CSE:ACRG, ACRG.B.U)) (OTCQX:ACRHF, ACRDF)), reported its financial results on Friday for the first quarter ended March 31, 2024. "In the first quarter, we diligently focused on cash preservation, implementing cost-saving measures, and honing our...
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New York-Based Marijuana Company, Acreage, Sees YoY Revenue Decline, But Also Lower Net Loss
Tuesday, April 30, 2024 - 8:26am | 579Multi-state cannabis operator, Acreage Holdings, Inc. (CSE:ACRG) (OTCQX:ACRHF), reported its financial results Monday for the fourth quarter and full year ended December 31, 2023. The earnings report revealed quarterly revenue of $52.8 million, compared to $57.5 million in the same period of the...
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East Coast Drives Growth For This Cannabis Company, Narrows Q3 Net Loss By Nearly 70% YoY
Wednesday, November 15, 2023 - 10:12am | 819Acreage Holdings, Inc. (CSE: ACRG.A.U) (ACRG.B.U) (OTCQX: ACRDF) reported its financial results Tuesday for the third quarter ended Sept. 30, 2023, revealing consolidated revenue of $56.5 million, an 8% year-over-year and 2.8% quarter-over-quarter decrease. The New York-based...
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Medical Marijuana Giants Lambaste NY Gov. Hochul For Weed Rollout Mess, Seek Licenses To Sell Recreational Weed
Monday, September 4, 2023 - 11:45am | 667Four major medical marijuana retailers in New York sent a letter to Gov. Kathy Hochul urging her to give them licenses to sell adult-use cannabis as court injunctions continue to block licensing activity in the state. The letter points to the thousands...
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Acreage Holdings: Q2 Revenue $58.1M, Boasts Record Revenue In NJ And CT, Positive Adjusted EBITDA
Wednesday, August 9, 2023 - 6:48pm | 468Acreage Holdings, Inc. (CSE: ACRG, ACRG.B.U) (OTCQX: ACRHF, ACRDF) reported its financial results Wednesday afternoon for the second quarter ended June 30, 2023. "I am pleased with the progress we made in the second quarter on our continued efforts to drive meaningful revenue...
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Acreage Further Streamlines Board Of Directors
Monday, August 7, 2023 - 8:03am | 553Acreage Holdings, Inc. (OTCQX: ACRHF) (OTCQX: ACRDF) (CSE:ACRG.A.U) (CSE:ACRG.B.U) announced that in connection with the company’s efforts to right-size it’s governance structure, Kevin Murphy, chairman of the board of directors, and Brian Mulroney, board member, are stepping down from...
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Why A National Cannabis Organization Sacked Half Its Staff, CEO Turnovers And More Exec Changes
Monday, June 5, 2023 - 9:47am | 1230NCIA Sacks Half Of Its Team To Increase Financial Strength The National Cannabis Industry Association sacked nearly half of its workforce as part of a cost-reduction initiative in an effort to remain financially sound in 2023, reported Green Market Report. The organization...