Acreage Announces Opening of Third The Botanist Dispensary in New Jersey marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
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.
February 25, 2021 at 7:31 am Published by NCV Newswire
Acreage Announces Sale of Florida Operations To Red White & Bloom Brands
NEW YORK, Feb. 25, 2021 (GLOBE NEWSWIRE) Acreage Holdings, Inc. (“Acreage” or the “Company”) (CSE: ACRG.A.U, ACRG.B.U) (OTCQX: ACRDF, ACRHF) today announced its subsidiary, High Street Capital Partners, LLC, has entered into a definitive agreement with Red White and Bloom Brands, Inc. (the “Buyer”) (CSE: RWB) (OTCQX: RWBYF), pursuant to which the Buyer will purchase all of the issued and outstanding shares of common stock of Acreage Florida, Inc. (“Acreage Florida”) for an aggregate purchase price of $60,000,000. Acreage Florida is licensed to operate medical marijuana dispensaries, a processing facility, and a cultivation facility in the state of Florida. The deal also includes the sale of property in Sanderson, Florida.
Acreage Files Restated Interim Financial Statements
NEW YORK, Dec. 21, 2020 (GLOBE NEWSWIRE) Acreage Holdings, Inc. (the “
Company” or “
Acreage”) (CSE: ACRG.A.U, ACRG.B.U) (OTCQX: ACRDF, ACRHF) today announced it filed restated unaudited interim financial statements for the three and nine month periods ended September 30, 2020 (the “
Restated Interim Financial Statements”) and corresponding amended management’s discussion and analysis.
The Company filed interim financial statements for the three and nine month periods ended September 30, 2020 on Form 10-Q (the “
10-Q”) with the Securities and Exchange Commission on December 18, 2020. Certain items were identified in the context of preparing the 10-Q that required a restatement of the Company’s previously-issued unaudited interim financial statements for the three and nine month periods ended September 30, 2020 (the “
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Acreage Holdings Names Peter Caldini, Former President Pfizer North America Consumer .
Acreage Holdings, Inc.December 18, 2020 GMT
NEW YORK, Dec. 18, 2020 (GLOBE NEWSWIRE) Acreage Holdings, Inc. (“Acreage”or “Company”) (CSE: ACRG.A.U, ACRG.B.U), (OTC: ACRHF, ACRDF) is pleased to announce that Peter Caldini has been appointed as the Company’s Chief Executive Officer. He officially joins Acreage on Monday, December 21st.
Peter brings an ideal mix of capabilities and experience to Acreage, having served in several senior leadership positions at major healthcare and consumer packaged goods (“CPG”) companies in the US and globally. Earning a reputation as a strong and seasoned leader, Mr. Caldini has a proven track record of improving operational efficiencies, strengthening brand equity, and creating shareholder value.