Acreage Holdings Reports Fourth Quarter and Full Year 2020 Results
March 09, 2021 17:05 ET | Source: Acreage Holdings, Inc. Acreage Holdings, Inc. New York, New York, UNITED STATES
NEW YORK, March 09, 2021 (GLOBE NEWSWIRE) Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.A.U, ACRG.B.U) (OTCQX: ACRHF, ACRDF) today reported financial results for the fourth quarter and full year ended December 31, 2020.
FOURTH QUARTER AND FULL YEAR FINANCIAL HIGHLIGHTS (UNAUDITED)
Reported fourth quarter revenue of $31.5 million and full year 2020 revenue of $114.5 million, increased 50% and 55%, respectively, compared to the same periods in 2019.
Managed entity fourth quarter revenue of $15.7 million and full year 2020 revenue of $62.8 million, increased 41% and 73%, respectively, compared to the same periods in 2019.