Acreage Holdings, Inc. (ACRHF)
| Market Cap | n/a |
| Revenue (ttm) | 176.72M |
| Net Income (ttm) | -99.23M |
| Shares Out | n/a |
| EPS (ttm) | -0.85 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 928,443 |
| Average Volume | 817,222 |
| Open | 0.0042 |
| Previous Close | 0.0041 |
| Day's Range | 0.0040 - 0.0062 |
| 52-Week Range | 0.0039 - 0.6980 |
| Beta | 1.99 |
| RSI | 24.70 |
| Earnings Date | Nov 14, 2024 |
About Acreage Holdings
Acreage Holdings, Inc. operates in cannabis industry in the United States. It cultivates and processes cannabis plants; manufactures branded consumer products; distributes cannabis flower and manufactured products; and retails dosable cannabis products to consumers. The company serves medical and adult recreational use customers in Connecticut, Illinois, Maine, Massachusetts, New Jersey, New York, Ohio, and Pennsylvania under the The Botanist, Prime, and Superflux brands. Acreage Holdings, Inc. was founded in 2011 and is headquartered in New Yo... [Read more]
Full Company ProfileFinancial Performance
In 2023, Acreage Holdings's revenue was $223.38 million, a decrease of -5.80% compared to the previous year's $237.14 million. Losses were -$69.09 million, -50.60% less than in 2022.
Financial StatementsNews
Cannabis sector limps into 2025 because ‘the gold rush is over'
Investors owning cannabis stocks will no doubt hope for a reversal of fortunes in 2025 after a year of bruising losses in equity prices tied to the business of legalized marijuana in the U.S.
Canopy Growth and Acreage Confirm Canopy USA's Completed Acquisition of Acreage
Canopy USA is now positioned to consolidate operations across its three business units – Wana, Jetty, and Acreage – realizing synergies, cost savings, and supporting growth in state-legal markets acro...
Canopy Growth and Acreage Provide Update on Closing Timeline
SMITHS FALLS, ON, and NEW YORK , Dec. 2, 2024 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth") (TSX: WEED) (NASDAQ: CGC), a world-leading cannabis company dedicated to unleashing the power o...
Acreage Provides Update on Corporate Transactions
NEW YORK, NY / ACCESSWIRE / November 25, 2024 / Acreage Holdings, Inc. ("Acreage" or the "Company") (CSE:ACRG.A.U, ACRG.B.U)(OTCQX:ACRHF, ACRDF), a vertically integrated, multi-state operator of canna...
Marijuana Industry Could Stay in Limbo Under Trump
A hands-off policy on cannabis will be a bad outcome for a business already struggling with ambiguous laws.
Cannabis Sector Update: Top Gaining Marijuana Stocks from Last Week
The cannabis market faced significant challenges last week, yet certain marijuana penny stocks emerged as top gainers despite the downturn. These stocks demonstrated resilience in a tough environment,...
Acreage Holdings GAAP EPS of -$0.16, revenue of $39.62M
Acreage Holdings Inc Reports Q3 2024 Revenue of $39.6 Million Amid Strategic Expansion Efforts
Acreage Holdings Inc Reports Q3 2024 Revenue of $39.6 Million Amid Strategic Expansion Efforts
Acreage Reports Third Quarter 2024 Financial Results
Launched non-medical sales in Ohio with initial sales accounting for 38% of total state level revenue in Q3 2024 Capital infusion of ~$8 million of net proceeds from Amended and Restated Credit Agreem...
Gaetz as Trump's AG seen as bullish for pot stocks, but confirmation looks unlikely
If controversial Republican Matt Gaetz manages to win confirmation as attorney general, his tenure at the Justice Department is expected to be positive for the cannabis industry.
Cannabis stock valuations and investments hobbled by regulatory uncertainties, experts say
A reality check around regulatory challenges facing the cannabis sector has taken hold among some of the leading financiers in the industry, as optimism around the promise of a legal market has faded.
Cannabis stocks plunge after DeSantis, Griffin win Florida fight against weed legalization
Amendment 3 – which would have legalized the recreational use of marijuana in the state's constitution – failed to receive the 60% support needed to pass under Florida law.
Cannabis Stocks Collapse After Trump Win: Major Players See Double-Digit Declines At Wednesday's Close
Following Donald Trump's presidential election victory Tuesday, the cannabis sector took a sharp downturn.
Cannabis stocks crater as Florida fails to garner needed votes for adult use
North Dakota and South Dakota also failed in their efforts to legalize cannabis for recreational use, while a medical measure passed in Nebraska.
3 Top Marijuana Stocks To Buy Before Momentum Picks Up?
Today marijuana stock investors are leveraging volatility in their favor. Most cannabis stocks trade with a high level of volatility often created by several factors but the main cause is speculation....
These Marijuana Stocks Could See Big Gains In A Volatile Sector
Investors are keen to see who will be the top cannabis company to show record earnings. Or at the very least increased amounts of revenue or business ventures that can yield those results. Still, many...
Why Canopy's 'Brand-First' Strategy Could Set It Apart From Tilray And Aurora – Here's What Investors Should Watch
Canopy Growth Corp. (NASDAQ: CGC) has built a strategic portfolio of U.S. cannabis assets through its Canopy USA (CUSA) entity. This portfolio includes prominent brands like Wana , a leading edibles ...
Top Marijuana Stocks To Watch Before October
Right now could be seen as a good time for marijuana stock investors. When there is a lot of politics surrounding the sector there can be a lot of up-and-down trading. The promise and hope of a better...
Top Marijuana Stocks Gaining Momentum in Mid-September
The US cannabis industry continues to grow at a remarkable pace. Recent estimates predict that the market could reach $41 billion by 2025. This rapid growth is fueled by increasing legalization and ac...
Acreage amended and restated credit agreement
Acreage Holdings enters into amended credit agreement with Canopy Growth Corporation subsidiary and third-party lender, securing US$65M loan with 13.5%...
Acreage Enters into Amended and Restated Credit Agreement
Approximately $8 Million of Net Proceeds for Acreage provides funds to fuel growth New maturity date of September 2027 enables additional financial flexibility NEW YORK CITY, NY / ACCESSWIRE / Septemb...
Trump's Marijuana Support Could Ignite Stock Surge – Are You Positioned To Benefit?
The cannabis market is abuzz following former President Donald Trump's recent comments supporting cannabis legalization in Florida.
Cannabis stocks rally as analyst hails pot as an ‘increasingly bipartisan' issue
Alliance Global Partners Aaron Grey sees Donald Trump's weekend statement on cannabis as a step forward.
Acreage Holdings Q2 Revenue Drops, Invests In Ohio Growth As Canopy Acquisition Nears
Acreage 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...
Acreage Reports Second Quarter 2024 Financial Results
Commenced Non-Medical Sales in Ohio Market, Expected to Double Revenue in the State by 2025 from ~$50 million in 2023 Focused on re-accelerating growth in core states including New Jersey, Illinois, a...