Acreage Holdings Announces Filing of Proxy Statement Related to Amended Arrangement with Canopy Growth

NEW YORK,- Acreage Holdings, Inc. ) (CSE: ACRG.U) (OTCQX: ACRGF) is pleased to announce that it: (i) obtained an interim order of the Supreme Court of British Columbia (the “Court”) in connection with its proposed amended arrangement involving Canopy Growth Corporation (“Canopy Growth”) to be implemented under a statutory plan of arrangement pursuant to section 288 ofContinue reading “Acreage Holdings Announces Filing of Proxy Statement Related to Amended Arrangement with Canopy Growth”

Acreage Enters Into Two Definitive Funding Agreements for up to $60 Million Gross Proceeds

NEW YORK, June 01, 2020 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage” or the “Company”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ) today announced it has entered into two definitive funding agreements for a total of up to $60,000,000 in gross proceeds. The two funding agreements include: A Standby Equity Distribution Agreement (the “SEDA”) with an institutional investorContinue reading “Acreage Enters Into Two Definitive Funding Agreements for up to $60 Million Gross Proceeds”

Acerage Aims at Improving Margins and Returns

Acreage Holdings, Inc. (“Acreage” or the “Company”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ) today announced the sales of select non-core assets to focus on key, profitable operations. The Company expecting immediate margin improvements to accelerate its pathway to achieve positive pro-forma adjusted EBITDA for 2020. a more optimized overhead cost structure and corporate team is part ofContinue reading “Acerage Aims at Improving Margins and Returns”