Acreage is a multi-state operator of cannabis cultivation and retailing facilities in the U.S., including the Company’s national retail store brand, The Botanist. With its principal address in New York City, Acreage’s wide range of national and regionally available cannabis products include the award-winning brands The Botanist and Superflux, the Prime medical brand in Pennsylvania, and others. Since its founding in 2011, Acreage has focused on building and scaling operations to create a seamless, consumer-focused, branded experience. Learn more at www.acreageholdings.com and follow us on Twitter, LinkedIn, Instagram, and Facebook.
Company profile
Ticker
ACRDF, ACRHF
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Acreage Holdings • High Street Capital Partners, LLC • Acreage California Holding Company, LLC • Acreage IP California, LLC • CWG Botanicals Inc. • Made by Science LLC • Acreage Connecticut, LLC • Acreage IP Connecticut, LLC • D&B Wellness, LLC • Prime Wellness of Connecticut, LLC ...
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
12 Jan 24
8-K
Entry into a Material Definitive Agreement
5 Jan 24
8-K
Acreage Announces Executive Leadership Transition
13 Dec 23
8-K
Acreage Reports Third Quarter 2023 Financial Results
14 Nov 23
10-Q
2023 Q3
Quarterly report
14 Nov 23
NT 10-Q
Notice of late quarterly filing
13 Nov 23
8-K
Entry into a Material Definitive Agreement
3 Nov 23
8-K
Entry into a Material Definitive Agreement
6 Sep 23
S-8
Registration of securities for employees
25 Aug 23
8-K
Departure of Directors or Certain Officers
10 Aug 23
Latest ownership filings
4
Dennis Curran
4 Mar 24
4
Philip Himmelstein
3 Jan 24
3
Philip Himmelstein
3 Jan 24
144
Notice of proposed sale of securities
6 Oct 23
4
Dennis Curran
25 Sep 23
4
Corey J. Sheahan
27 Jul 23
4
Carl B Nesbitt
27 Jul 23
4
Dennis Curran
27 Jul 23
4
John A. BOEHNER
27 Jul 23
4
FAASEN WILLIAM C VAN
27 Jul 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 24.79 mm | 24.79 mm | 24.79 mm | 24.79 mm | 24.79 mm | 24.79 mm |
Cash burn (monthly) | 1.75 mm | 148.17 k | 833.67 k | 13.07 mm | 1.21 mm | 3.20 mm |
Cash used (since last report) | 10.43 mm | 885.64 k | 4.98 mm | 78.11 mm | 7.22 mm | 19.10 mm |
Cash remaining | 14.36 mm | 23.91 mm | 19.81 mm | -53.32 mm | 17.58 mm | 5.69 mm |
Runway (months of cash) | 8.2 | 161.4 | 23.8 | -4.1 | 14.6 | 1.8 |
Institutional ownership, Q2 2023
13F holders | Current |
---|---|
Total holders | 0 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0.00 |
Total shares | 0.00 |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Mar 24 | Dennis Curran | Common Stock - Class E Subordinate Voting Shares | Payment of exercise | Dispose F | No | No | 0.185 | 88,220 | 16.32 k | 916,219 |
2 Jan 24 | Philip Himmelstein | Common Stock - Class E Subordinate Voting Shares | Grant | Acquire A | No | No | 0 | 160,000 | 0.00 | 401,093 |
2 Jan 24 | Philip Himmelstein | Common Stock - Class D Subordinate Voting Shares | Grant | Acquire A | No | No | 0 | 240,000 | 0.00 | 363,782 |
22 Sep 23 | Dennis Curran | Common Stock - Class D Subordinate Voting Shares | Grant | Acquire A | No | No | 0 | 1,731,602 | 0.00 | 2,490,977 |
25 Jul 23 | John A. BOEHNER | Common Stock - Class D Subordinate Voting Shares | Grant | Acquire A | No | No | 0 | 378,647 | 0.00 | 580,901 |