ACRGF - Acreage Holdings, Inc.

Other OTC - Other OTC Delayed Price. Currency in USD
21.90
-1.10 (-4.78%)
At close: 3:56PM EST
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Previous Close23.00
Open23.17
Bid0.00 x 0
Ask0.00 x 0
Day's Range21.74 - 23.17
52 Week Range11.99 - 30.00
Volume63,806
Avg. Volume100,372
Market Cap2.524B
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)-0.09
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est37.50
Trade prices are not sourced from all markets
  • Acreage Holdings' Partner, Greenleaf Apothecaries, Opens The Botanist Dispensary in Canton, Ohio
    PR Newswire6 days ago

    Acreage Holdings' Partner, Greenleaf Apothecaries, Opens The Botanist Dispensary in Canton, Ohio

    NEW YORK, Jan. 17, 2019 /PRNewswire/ -- Acreage Holdings, Inc. ("Acreage") (ACRG-U.CN) (ACRGF), the United States' largest vertically integrated, multi-state cannabis operator according to public filings, announced Greenleaf Apothecaries, LLC ("Greenleaf") opened its first "The Botanist" medical cannabis dispensary in Canton, OH.  Acreage maintains a Management Services Agreement with Greenleaf that delivers Acreage's operational expertise, product development capabilities, and "The Botanist" retail dispensary brand. Greenleaf plans to open additional "The Botanist" dispensaries in Akron, Cleveland, Columbus, and Wickliffe that will serve qualifying patients from Ohio's nearly 12 million residents and an estimated total addressable cannabis market in 2022 of $290 million, according to Arcview Market Research.

  • How Planet 13 Holdings Is Working to Drive Sales
    Market Realist6 days ago

    How Planet 13 Holdings Is Working to Drive Sales

    Planet 13 Holdings Has Returned ~30% in January: What’s Next?(Continued from Prior Part)Current operationsAs of November 12, Planet 13 Holdings (PLTH) (PLNHF) holds two cultivation licenses with one in Clark County, Nevada, and the second one in

  • Benzinga6 days ago

    Multistate Operators Respond To Changing Cannabis Market

    In the cannabis industry, being a multistate operator can mean big profits and broad brand awareness, but brings unique challenges due to the complex regulatory framework that surrounds the burgeoning legal marijuana markets across the U.S. At Wednesday's Cannabis Capital Conference, three executives from some of the biggest companies in the space offered their perspectives on the ever-changing landscape and what’s ahead in 2019 for this booming business. Moderator Alan Brochstein, founder of the 420 Investor, focused the majority of the panel on the burning questions so many single-state operators have, asking how to decide which markets to enter and what it takes to stay compliant across borders.

  • Planet 13 Holdings Has Returned ~30% in January: What’s Next?
    Market Realist6 days ago

    Planet 13 Holdings Has Returned ~30% in January: What’s Next?

    Planet 13 Holdings Has Returned ~30% in January: What’s Next?Stock performanceAs of January 15, Planet 13 Holdings (PLTH) (PLNHF) was trading at 1.94 Canadian dollars, which represents a rise of 30.2% since the beginning of 2019. Also, the company

  • ACCESSWIRE7 days ago

    These 4 Marijuana Stocks Could Spark Activity

    CORAL GABLES, FL / ACCESSWIRE / January 15, 2019 / The way people receive health care, including how the medical field continues its integration of medical marijuana, is evolving. Premier Health Group (OTC:PHGRF) (CSE:PHGI), Youngevity International Inc (YGYI), Acreage Holdings Inc (ACRGF), and Aphria Inc (APHA) represent 4 pot stocks that are heating up on Thursday. Premier Health Group (OTC:PHGRF) (CSE:PHGI) saw impressive gains in the month of December, as the Company's shares hit highs of 0.80 to mark a move of more than 30% over the course of the 30-day period.

  • Wayland to Sell 49.9% of International Business to ICC
    Market Realist7 days ago

    Wayland to Sell 49.9% of International Business to ICC

    Wayland to Sell 49.9% of International Business to ICCThe announcementOn the back of its previous statement that it would explore strategic alternatives for its international assets, Wayland Group (MRRCF) announced today that it signed a letter of

  • AGCO Announces Winners of Ontario Cannabis Retail Lottery
    Market Realist8 days ago

    AGCO Announces Winners of Ontario Cannabis Retail Lottery

    AGCO Announces Winners of Ontario Cannabis Retail Lottery ## The announcement On January 11, the Alcohol and Gaming Commission of Ontario (or AGCO) announced the names of the 25 winners of its retail cannabis lottery that can now apply for a license to retail cannabis products in the province of Ontario. The licenses were divided regionally. Five of the licenses were allocated to the city of Toronto, six went to the Greater Toronto area, five went to Ontario East, two went to Northern Ontario, and seven went to Western Ontario. AGCO received ~17,000 applications. Nearly 64% of the license came from sole proprietorships, and registered companies constituted only 33%. Pure Alpha Holdings, Tripsetter, CGS Foods, and the Niagara Herbalist were some of the corporations that were selected. The winners of the lottery will now have to pay $6,000 for the retail operator license and also submit a $50,000 letter of credit that is valid until December 13, 2019, within five days of the announcement of lottery results. The government wants all the winners of the lottery to start their operations on April 1. So, it has levied hefty fines on any delays. If the retailers fail to start their operations by April 1, they will be fined $12,500, and the penalties can rise to $50,000 if retailers fail to start their business by April 30. ## Stock performance Cannabis stocks have started 2019 on a strong note. YTD, Acreage Holdings (ACRGF), MedMen Enterprises (MMNFF), Planet 13 Holdings (PLNHF), and Curaleaf Holdings (CURLF) have returned 13.6%, 17.0%, 14.3%, and 26.9%, respectively. Also, the broader comparative index, the ETFMG Alternative Harvest ETF (MJ), returned 23.4% during the same period.

  • Cannabis Stocks Were in the Green in Second Week of 2019
    Market Realist8 days ago

    Cannabis Stocks Were in the Green in Second Week of 2019

    Cannabis Stocks Were in the Green in Second Week of 2019 ## Cannabis sector Amid strength in the broader equity market, cannabis stocks performed well last week. Between January 4 and January 11, the Horizons Marijuana Life Sciences Index ETF (HMMJ), which tracks the North American Medical Marijuana Index, has returned 17.5%, while the ETFMG Alternative Harvest ETF (MJ) returned 13.6%. In comparison, the S&P 500 Index rose 2.5% during the same period. ## Cannabis stocks Of the ten stocks considered for our analysis, eight stocks delivered positive returns, while the stock prices of two companies declined last week. During the period, Wayland Group (MRRCF) posted a strong performance with returns of 20.4%. Wayland Group was followed by The Green Organic Dutchman Holdings (TGODF) and Planet 13 Holdings (PLNHF) with returns of 17.9% and 10.4%, respectively. On January 8, The Green Organic Dutchman Holdings announced the appointment of Caroline MacCallum, an expert in cannabinoid-based medicine, and Jacques Dessureault, who has had an extensive pharmaceutical career, to its board. The optimism surrounding these appointments drove the company’s stock last week. On January 7, Planet 13 Holdings announced that its revenue and customer count at its Superstore in Las Vegas grew in December. The announcement appears to have contributed to the rise in its stock price. Also, during the same period, Origin Agritech (SEED), Curaleaf Holdings (CURLF), VIVO Cannabis (VVCIF), Trulieve Cannabis (TCNNF), and iAnthus Capital Holdings (ITHUF) have returned 9.8%, 5.2%, 5.2%, 4.2%, and 1.5%, respectively. However, the stock prices of MedMen Enterprises (MMNFF) and Acreage Holdings (ACRGF) fell by 4.9% and 1.9%, respectively, during the last week. On January 8, two of MedMen’s biggest investors, Brent Cox and Omar Mangalji, sued the company for “alleged breaches of fiduciary duty,” which led to a fall in the company’s stock price.

  • Analysts Expect MedMen’s Revenue to Rise in 2019 and 2020
    Market Realist11 days ago

    Analysts Expect MedMen’s Revenue to Rise in 2019 and 2020

    Will 2019 Be a Better Year for MedMen Enterprises? In the first quarter of fiscal 2019, which ended on September 30, MedMen Enterprises (MMEN) (MMNFF) posted revenue of $21.46 million, a rise of 1,086% from $1.81 million in the corresponding quarter of fiscal 2018. The company’s cultivation and wholesale production operations didn’t generate any material revenue during the quarter.

  • Will 2019 Be a Better Year for MedMen Enterprises?
    Market Realist11 days ago

    Will 2019 Be a Better Year for MedMen Enterprises?

    Will 2019 Be a Better Year for MedMen Enterprises? ## Stock performance On January 10, MedMen Enterprises (MMEN) (MMNFF) was trading at 4.24 Canadian dollars, representing a fall of 8.8% since its announcement of its fiscal 2019 first-quarter earnings results on November 29. The company is currently trading 36.3% higher than its 52-week low of 3.11 Canadian dollars and 57.1% lower than its 52-week high of 9.88 Canadian dollars. The pessimism surrounding cannabis stocks and the weakness in the broader equity market due to the Fed’s interest rate increase and concerns over the US government shutdown led MedMen’s stock price to fall to 3.64 Canadian dollars as of the end of the day on December 24. However, on December 24, MedMen announced that it had entered into a definitive agreement to combine its business and PharmaCann’s business under a new company called New MedMen. The transaction still requires approval from MedMen’s shareholders, and it also faces regulatory and legal hurdles. On completing the transaction, the new combined company will have a permit to operate 76 retail stores and 16 cultivation and production facilities. It will also have the license to operate in 12 states. These 12 states cover ~50% of the US population. Cowen Group expects the addressable cannabis market for these 12 states to reach $40 billion by 2030. The optimism surrounding the acquisition drove MedMen’s stock price. On January 8, two of MedMen’s biggest investors, Brent Cox and Omar Mangalji, sued the company for “alleged breaches of fiduciary duty,” leading its stock price to fall on January 9. ## Peer comparison From November 29 to January 10, MedMen’s peers Acreage Holdings (ACRG-U) (ACRGF), Planet 13 Holdings (PLTH) (PLNHF), and Curaleaf Holdings (CURA) (CURLF) returned 2.7%, -3.2%, and 10%, respectively. The Horizons Marijuana Life Sciences Index ETF (HMMJ), which tracks the North American Medical Marijuana Index, returned -1.0% during the same period. Next, let’s look at analysts’ revenue expectations for MedMen in 2019 and 2020. Continue to Next Part Browse this series on Market Realist: * Part 2 - Analysts Expect MedMen’s Revenue to Rise in 2019 and 2020 * Part 3 - Analysts Favor ‘Buy’ Ratings on MedMen Enterprises

  • ACCESSWIRE11 days ago

    These 4 Marijuana Stocks Stepping Up The Game

    CORAL GABLES, FL / ACCESSWIRE / January 11,2019 / The end of the year was a large turning point for the marijuana industry, as the year's events were instrumental in cementing the growth of the cannabis sector around the world. As we continue into the new year and watch for the possibilities it may hold, CLS Holdings USA Inc (CLSH), Charlotte's Web Holdings Inc (CWBHF), Acreage Holdings Inc (ACRGF), and CannTrust Holdings Inc (OTC PINK: CNTTF) represent 4 companies worth looking into on Friday. CLS Holdings USA Inc (CLSH) is a diversified cannabis company operating as Cannabis Life Sciences and an integrated cannabis producer and retailer in Nevada through its Oasis Cannabis subsidiaries.

  • The Canadian Securities Exchange (CSE), Kapoor Kapital, and OTC Markets Group to Co-Host Canada Cannabis House in Davos, Switzerland
    PR Newswire12 days ago

    The Canadian Securities Exchange (CSE), Kapoor Kapital, and OTC Markets Group to Co-Host Canada Cannabis House in Davos, Switzerland

    NEW YORK and TORONTO , Jan. 11, 2019 /PRNewswire/ -- The Canadian Securities Exchange (CSE), a Canadian listing exchange recognized as a Qualified Foreign Exchange in the U.S., Kapoor Kapital, and OTC ...

  • Acreage Management To Present At ICR and Benzinga Investor Conferences
    PR Newswire12 days ago

    Acreage Management To Present At ICR and Benzinga Investor Conferences

    Headquartered in New York City, Acreage is the largest vertically integrated, multi-state owner of cannabis licenses and assets in U.S. states with respect to number of states with operating licenses, according to public filings.  With operating licenses in 19 states, serving a population of more than 172 million Americans, and an estimated 2022 total addressable market of approximately $14 billion in legal cannabis sales according to Arcview Market Research.  Acreage is dedicated to building and scaling operations to create a seamless, consumer-focused branded cannabis experience. This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation.

  • ACCESSWIRE12 days ago

    4 Marijuana Stocks Set To Grow In 2019

    CORAL GABLES, FL / ACCESSWIRE / January 10, 2019 / The cannabis industry has been booming for over a year at this point. With the recent increase in capital and sheer amount businesses entering the market, the nascent sector has seen unprecedented growth in marijuana stocks. As public opinion surrounding cannabis becomes increasingly more favorable, the marijuana industry may begin to present an appealing opportunity for investors looking into space. ParcelPal Technology Inc (PTNYF) (PKG), Acreage Holdings Inc (ACRGF), Canopy Growth Corp (CGC) (WEED.TO), and Namaste Technologies Inc (NXTTF) are 4 pot stocks that could make moves on Thursday.

  • Planet 13’s Revenue and Customer Traffic Rose in December
    Market Realist14 days ago

    Planet 13’s Revenue and Customer Traffic Rose in December

    Planet 13’s Revenue and Customer Traffic Rose in December ## The announcement On January 7, Planet 13 Holdings (PLNHF) announced that it had served 1,430 customers per day in December and that its average ticket size had been better than expected.  The company’s management has credited the success of its recently launched TRENDI brand for its sales growth in December. TRENDI, which launched on November 12, 2018, has been resonating well with customers. The company has sold ~5,000 units of TRENDI, which represents a rise of 260% from ~1,700 units in November. TRENDI comes in three product types, which include disposable vapes and concentrates. In December, TRENDI generated 5% of Planet 13’s total revenue. Speaking about Planet 13’s December sales, Bob Groesbeck, Planet 13’s co-CEO, said, “We are very pleased with the trajectory of customer traffic and average ticket at the Superstore, having increased our December revenue and customer counts over November in what is always a seasonally slow period for Las Vegas convention and visitor traffic. With the Consumer Electronics Show kicking off a historically strong period on January 8th and our marketing efforts continuing to ramp-up, we expect to continue growing the number of customers served per day and amount of revenue generated.” ## Stock performance The announcement appears to have increased investors’ confidence, as Planet 13 stock rose 2.8% on January 7. YTD (year-to-date), the stock has returned 6.4%. Its peers Acreage Holdings (ACRGF), MedMen Enterprises (MMNFF), and Curaleaf Holdings (CURLF) have returned 27.5%, 20.6%, and 22.1%, respectively, during the same period. The Horizons Marijuana Life Sciences Index ETF (HMMJ), which tracks the North American Medical Marijuana Index, has returned 10.5% YTD.

  • ACCESSWIRE14 days ago

    Watch These 4 Marijuana Stocks on Tuesday (1/8/19)

    CORAL GABLES, FL / ACCESSWIRE / January 8, 2019 / The end of the year was a large turning for the marijuana industry, as the year's events were instrumental in cementing the growth of the cannabis sector around the world. With the new year just a few days old, Next Green Wave Holdings Inc (NXGWF) (NGW), Acreage Holdings Inc (ACRGF), Canopy Growth Corporation (CGC) (WEED.TO), and KushCo Holdings are 4 pot stocks making headlines this month. Next Green Wave Holdings Inc (NXGWF) (NGW) is a vertically integrated seed-to-consumer premium medicinal and recreational cannabis company operating in California, the world's largest cannabis market.

  • Curaleaf Holdings Opens Its First Dispensary in Titusville
    Market Realist15 days ago

    Curaleaf Holdings Opens Its First Dispensary in Titusville

    Curaleaf Holdings Opens Its First Dispensary in Titusville ## The announcement Today, Curaleaf Holdings (CURLF) announced the opening of its first medical marijuana dispensary in Titusville and 20th medical marijuana dispensary in Florida. The company currently operates 38 dispensaries in the United States. Curaleaf offers medical marijuana educational seminars and resources to patients and physicians at its Titusville dispensary located at 200 South Washington Avenue. The 4,700-square-foot facility, which possesses two private consultation rooms, provides customers with Curaleaf’s line of superior medical marijuana products. Curaleaf Florida president Lindsay Jones said, “Today we are proud to be the first company to bring a full medical marijuana dispensary experience to the Titusville community. In 2018, Curaleaf fulfilled its promise to Florida’s patients to provide them with access to premium-quality medical marijuana products by opening 17 dispensaries from Miami to Tallahassee. Our team continues to pursue aggressive growth throughout the state, including increasing our capacity to provide premium quality products developed through groundbreaking technology in our new 275,000 square foot state-of-the-art cultivation facility in Central Florida,” reported PR Newswire. ## Stock performance Today, Curaleaf Holdings was trading at 6.1% higher as of 11:00 AM ET. Curaleaf has started 2019 on a brighter note. Year-to-date, the stock has returned 18.4%, as of January 4. During the same period, peers Acreage Holdings (ACRGF), MedMen Enterprises (MMNFF), and Green Organic Dutchman Holdings (TGODF) have returned 12.9%, 23.6%, and 5.4%, respectively. Also, the Horizons Marijuana Life Sciences Index ETF (HMMJ), which tracks the North American Medical Marijuana Index, has returned 7.0%.

  • Acreage Holdings Acquires Nature’s Way Nursery of Miami
    Market Realist15 days ago

    Acreage Holdings Acquires Nature’s Way Nursery of Miami

    Acreage Holdings Acquires Nature's Way Nursery of Miami ## The announcement On January 4, Acreage Holdings (ACRGF) announced that it completed its acquisition of Nature’s Way Nursery of Miami, a Florida-based cannabis company. In November, both companies signed the definitive transaction agreement. ## Transaction details Acreage Holdings has paid Nature’s Way’s shareholders $67 million and covered some transaction expenses for the seller. Of the $67 million, $63 million was paid in cash with $10 million escrowed at the time of signing the definitive transaction agreement. Acreage plans to pay the remaining $4 million through units of High Street Capital Partners, a subsidiary of Acreage, which could be exchanged for subordinate voting shares of Acreage at the election of the holder. Kevin Murphy—founder, chairman, and CEO of Acreage, said, “The combination of policy and demographics in Florida makes it one of the largest growth cannabis markets in the U.S. and we could not be more pleased to close this deal,” reported PR Newswire. ## Stock performance Acreage has started 2019 on a strong note. Year-to-date, the company has returned 15.8%. Peers Curaleaf Holdings (CURLF), MedMen Enterprises (MMNFF), and Green Organic Dutchman Holdings (TGODF) have returned 18.3%, 23.0%, and 7.7%, respectively. Also, the Horizons Marijuana Life Sciences Index ETF (HMMJ), which tracks the North American Medical Marijuana Index, has returned 7.0% while the ETFMG Alternative Harvest ETF (MJ) has returned 8.6%.

  • Acreage Begins Trading On The OTCQX Best Market
    PR Newswire15 days ago

    Acreage Begins Trading On The OTCQX Best Market

    NEW YORK, Jan. 7, 2019 /PRNewswire/ -- Acreage Holdings, Inc. ("Acreage") (ACRG-U.CN) (ACRGF) announced it has qualified to trade on the OTCQX® Best Market by OTC Markets Group under the ticker symbol ACRGF effective today. The OTCQX market is reserved for established U.S. and global companies that meet high financial standards, provide timely news and disclosure to investors, and have a professional third-party sponsor introduction. "Acreage Holdings joins an impressive roster of CSE-listed companies that cross-trade on the OTCQX Market to provide enhanced disclosure in the U.S. as well as to provide more efficient trading for their investors globally," said Jason Paltrowitz, Director, OTC Markets Group International Ltd. and EVP, Corporate Services, OTC Markets Group.

  • OTC Markets Group Welcomes Acreage Holdings, Inc. to OTCQX
    PR Newswire16 days ago

    OTC Markets Group Welcomes Acreage Holdings, Inc. to OTCQX

    NEW YORK , Jan. 7, 2019 /PRNewswire/ --   OTC Markets Group Inc.  (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced  Acreage Holdings, Inc.  (CSE: ACRG.U; ...

  • ACCESSWIRE18 days ago

    4 Marijuana Stocks To Keep Tabs On

    CORAL GABLES, FL / ACCESSWIRE / January 4, 2019 / The end of the year was a large turning for the marijuana industry, as the year's events were instrumental in cementing the growth of the cannabis sector around the world. With the new year just a few days old, Next Green Wave Holdings Inc (NXGWF) (NGW), Acreage Holdings Inc (OTC PINK: ACRGF), CannTrust Holdings Inc (OTC PINK: CNTTF) (TRST), and Marimed Inc (MRMD) are 4 pot stocks making headlines this month. Next Green Wave Holdings Inc (NXGWF) (NGW) is a vertically integrated seed-to-consumer premium medicinal and recreational cannabis company operating in California, the world's largest cannabis market.

  • ACCESSWIRE25 days ago

    4 Marijuana Stocks Bubbling With Excitement On Friday 12/28/18

    CORAL GABLES, FL / ACCESSWIRE / December 28, 2018 / The cannabis market has managed to survive the most recent downward spike that much of the stock market has taken. As 2019 approaches, Premier Health Group (PHGRF) (CSE:PHGI), Acreage Holdings Inc (ACRGF), Cronos Group Inc (CRON), and New Age Beverages Corporation (NBEV) are 4 pot stocks worth looking into as we approach the new year. Earlier this month, the Company announced that, as part of its plan for strategic growth associated with primary health care, it signed a binding LOI to acquire a Vancouver-based pharmacy.

  • 4 Under-the-Radar Marijuana Stocks That Benefit if New Jersey Legalizes Recreational Pot
    Motley Foollast month

    4 Under-the-Radar Marijuana Stocks That Benefit if New Jersey Legalizes Recreational Pot

    New Jersey's cannabis market could be worth $850 million by 2022.