|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||16.75 - 17.01|
|52 Week Range||11.99 - 30.00|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
On June 21, 2019, Acreage Holdings, Inc. (“Acreage”) (ACRG-U.CN) (ACRGF) (FSE:0ZV) obtained a final order from the Supreme Court of British Columbia approving the previously announced arrangement under section 288 of the Business Corporations Act (British Columbia) with Canopy Growth Corporation (“Canopy Growth”) (WEED.TO) (CGC) (together with Acreage, the “Companies”) (the “Arrangement”). On June 19, 2019, each of Acreage and Canopy Growth received all necessary shareholder approvals in connection with the Arrangement at their respective special shareholder meetings.
NEW YORK, June 19, 2019 -- Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0ZV) today announced that, at the special meeting of Acreage shareholders (the.
Canopy Growth's brands, technology and know-how is anticipated to provide Acreage with a significant advantage in an increasingly competitive U.S. market and fuel Acreage's growth. Acreage shareholders will benefit from Acreage's ability to achieve its growth strategy with an anticipated reduced cost of capital based on Canopy Growth affiliation. Canopy Growth shareholders will benefit from accelerated and turnkey access to the U.S. cannabis market upon the closing of the Transaction.
Acreage Holdings, Inc. (“Acreage”) (ACRG-U.CN) (ACRGF) (0VZ.F) today announced its management will attend four institutional investor conferences in June 2019. Kevin Murphy, Founder and Chief Executive Officer, will participate in the “Crossing the Border for the Next Opportunity” panel at 8:45a.m. (EDT). Oppenheimer’s Annual Consumer Growth & E-Commerce Conference to be held in Boston, MA from June 18-19 at the Four Seasons Hotel. Kevin Murphy, Founder and Chief Executive Officer, will present on Tuesday, June 18 at 1:20p.m. (EDT).
Acreage Holdings, Inc. (“Acreage”) (ACRG-U.CN) (ACRGF) (0VZ.F) reported financial results for the quarter ended March 31st, 2019. Financial statements and management’s discussion and analysis for the period were filed on Acreage’s SEDAR profile at www.sedar.com, and on the investor relations section of the Acreage website at investors.acreageholdings.com. Deployed more than $100 million of capital through acquisitions and capital expenditures.
Acreage further announced that certain key executive management members (the “Insiders”) have agreed to enter into extended lockup agreements pursuant to the arrangement agreement dated April 17, 2019 between Canopy Growth and Acreage (the “Agreement”), as previously disclosed in Acreage’s press release dated April 18, 2019.
Canopy Growth's brands, technology and know-how is anticipated to provide Acreage with a significant and immediate advantage in an increasingly competitive U.S. market and fuel Acreage's growth. Acreage shareholders to receive immediate upfront cash consideration, on an as-converted to Subordinate Voting Share basis, of approximately US$2.51 - $2.63 per share upon the initial implementation of the Transaction. On completion of the Transaction, each Acreage share will be converted into 0.5818 of a common share of Canopy Growth, subject to any required adjustments.
Acreage Holdings, Inc. (“Acreage”) (ACRG-U.CN) (ACRGF) (FSE:0ZV) is pleased to announce that, further to the joint news release with Canopy Growth Corporation (“Canopy Growth”) on April 18, 2019 (the “Joint Release”), Acreage has obtained an interim order (the “Interim Order”) of the Supreme Court of British Columbia in connection with the proposed arrangement (the “Arrangement”) to be implemented under a statutory plan of arrangement pursuant to section 288 of the Business Corporations Act (British Columbia).
Individual and institutional investors as well as advisors are invited to log-on to VirtualInvestorConferences.com to view presentations NEW YORK , May 17, 2019 /PRNewswire/ -- Virtual Investor Conferences, ...
Acreage Holdings, Inc. (“Acreage”) (ACRG-U.CN) (ACRGF) (FSE:0ZV) today announced it has entered into a Letter of Intent (the “Letter of Intent”) with GreenAcreage Real Estate Corp., a newly formed REIT (“GARE”), negotiated at arm’s length, under which GARE would purchase and lease back to Acreage cannabis related real estate assets. GARE is externally managed by GreenAcreage Management LLC, an entity in which Acreage holds a 20% interest (“GreenAcreage”) and in which its CEO has invested.
Acreage Holdings, Inc. (“Acreage”) (ACRG-U.CN) (ACRGF) (0VZ.F) announced institutional investor conferences it will attend in May, and its first quarter 2019 earnings release date. Acreage will announce first quarter fiscal 2019 financial results after the market closes on May 28, 2019. Acreage Management will host a call to discuss the results on May 29, 2019, at 8:30 AM Eastern Daylight Time.
Acreage Holdings (“Acreage”) (ACRG-U.CN) (ACRGF) (FSE:0ZV) today announced the appointment of Christine Rigby as Vice President of Investor Relations. Rigby will partner with Steve West to develop and strengthen the company’s investor relations strategy and framework to deliver its vision to all shareholders. Rigby will also help drive strategic initiatives with Acreage’s management team.
Marcato also sent a letter to Acreage's Board of Directors, which can be found below. Marcato Capital Management ("Marcato"), the beneficial owner of 575,000 shares, or approximately 2.7% of the outstanding Subordinated Voting Shares of Acreage Holdings, Inc. ("Acreage" or the "Company"), has significant capital markets experience and a long track record of working collaboratively with boards of directors to uncover strategies to enhance value. As a large Acreage shareholder, we will be voting against the proposed transaction with Canopy Growth Corporation ("Canopy") as we believe this is a value destructive transaction and not in the best interests of shareholders.
Acreage Holdings, Inc. (“Acreage”) (ACRG-U.CN) (ACRGF) (FSE:0ZV) announced it has publicly posted a letter to shareholders from Kevin Murphy, Founder, Chairman, and Chief Executive Officer of Acreage (the “Letter”) regarding the proposed transaction with Canopy Growth Corporation announced on April 18, 2019 (the “Proposed Transaction”) along with responses to various frequently asked questions (“FAQ”) received by Acreage in connection the Proposed Transaction. To access the Letter and the FAQ, please visit Acreage’s investor relations website at investors.acreageholdings.com, where you will find links to the documents on the main menu bar.
Proposed Deal Complements Canopy Growth's U.S. CBD Strategy With An Accelerated Pathway Into U.S. Cannabis Markets, Once Federally Permissible Deal Structure Expected to Provide Improved Access to Capital ...
FRANKFURT, Germany, April 18, 2019 -- Acreage Holdings, Inc. (“Acreage”) (CSE:ACRG.U) (OTC:ACRGF) (FSE:0VZ) and Canopy Growth Corporation (“Canopy Growth”) (TSX:WEED).