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 The Botanist brand, craft brand Superflux, the Tweed brand, the Prime medical brand in Pennsylvania, the Innocent brand in Illinois 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
Sector
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
22nd and Burn Inc. • Acreage California Holding Company, LLC • Acreage CCF New Jersey, LLC • Acreage Chicago 1, LLC • Acreage Connecticut, LLC • Acreage Desert Hot Springs, LLC • Acreage Finance • Acreage Hoboken, LLC • Acreage Holdings • Acreage Illinois 1, LLC ...
Latest filings (excl ownership)
8-K
Acreage Obtains Final Order for U.S. Strategic Arrangement with Canopy and Canopy USA
21 Mar 23
NT 10-K
Notice of late annual filing
17 Mar 23
8-K
Acreage’s Floating Shareholders Approve U.S. Strategic Arrangement with Canopy and Canopy USA
16 Mar 23
DEFA14A
Additional proxy soliciting materials
6 Mar 23
8-K
Glass Lewis Recommends Acreage Floating Shareholders Vote FOR U.S. Strategic Arrangement with Canopy Growth and Canopy USA
6 Mar 23
DEFA14A
Additional proxy soliciting materials
16 Feb 23
DEFA14A
Additional proxy soliciting materials
14 Feb 23
8-K
Acreage Announces Filing of Proxy Statement Related to U.S. Strategic Arrangement with Canopy Growth and Canopy USA
14 Feb 23
DEFM14A
Proxy related to merger
14 Feb 23
PRER14A
Preliminary revised proxy
9 Feb 23
Latest ownership filings
Financial summary
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| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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| 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) | 26.57 mm | 26.57 mm | 26.57 mm | 26.57 mm | 26.57 mm | 26.57 mm |
| Cash burn (monthly) | 997.67 k | 242.75 k | 5.63 mm | 5.05 mm | 2.34 mm | 4.39 mm |
| Cash used (since last report) | 6.01 mm | 1.46 mm | 33.94 mm | 30.42 mm | 14.08 mm | 26.47 mm |
| Cash remaining | 20.56 mm | 25.11 mm | -7.37 mm | -3.85 mm | 12.49 mm | 101.46 k |
| Runway (months of cash) | 20.6 | 103.4 | -1.3 | -0.8 | 5.3 | 0.0 |
Institutional ownership, Q3 2022
| 13F holders | Current |
|---|---|
| Total holders | 0 |
| Opened positions | 0 |
| Closed positions | 1 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 12 Jul 22 | Douglas L Maine | Common Stock - Class E Subordinate Voting Shares | Grant | Acquire A | No | No | 0 | 267,813 | 0.00 | 382,354 |
| 12 Jul 22 | Lopez Patricia E | Common Stock - Class E Subordinate Voting Shares | Grant | Acquire A | No | No | 0 | 267,813 | 0.00 | 294,987 |
| 12 Jul 22 | Mulroney Brian | Common Stock - Class E Subordinate Voting Shares | Grant | Acquire A | No | No | 0 | 267,813 | 0.00 | 542,390 |
| 12 Jul 22 | Faasen William C Van | Common Stock - Class E Subordinate Voting Shares | Grant | Acquire A | No | No | 0 | 267,813 | 0.00 | 537,320 |
| 12 Jul 22 | John A. BOEHNER | Common Stock - Class E Subordinate Voting Shares | Grant | Acquire A | No | No | 0 | 267,813 | 0.00 | 364,050 |
News
Acreage Obtains Final Order For U.S. Strategic Arrangement With Canopy And Canopy USA
21 Mar 23
Acreage's Floating Shareholders Approve U.S. Strategic Arrangement With Canopy And Canopy USA
16 Mar 23
New York State's Legal Cannabis Industry 'In A Precarious Position' Acreage Releases Impact Analysis
14 Mar 23
GOP Bill To Amend Ohio's Medical Marijuana Program Opposed By Advocates And Dispensary Owners
8 Mar 23
Maximize Your Returns: Get To Know The Top Performing Cannabis Stocks Of The Last 12 Months
7 Mar 23