acreage holdings

Chart: US-affiliated medical cannabis firms led fundraising on Canadian Securities Exchange in 2018

U.S.-affiliated medical cannabis companies dominated Canadian Securities Exchange (CSE) fundraising in 2018, raising nearly $2 billion through 50 equity-related deals. As of December 2018, 47% of the 124 cannabis-related companies trading on the CSE were based in the United States or had U.S. assets or interests. Cannabis-related companies in the life sciences sector – which […]

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Chart: Multistate cannabis operators rapidly expanding into new markets

The fragmented, state-by-state nature of the marijuana industry historically has been dominated by small, local players, but larger, publicly traded companies with multistate operations are becoming an increasingly prevalent force. Rapid consolidation and expansion among cannabis companies dominated 2018 with more than 300 mergers and acquisitions and a rash of reverse takeovers that allowed U.S. […]

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Slideshow: 2018 US Cannabis Business Year in Review

2018 marked the historic legalization of recreational marijuana in Canada, the end of hemp prohibition in the United States and huge wins on Election Day for state-legal cannabis and medical marijuana initiatives across the U.S.

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Acreage inks $160 million acquisition of Oregon cannabis firm

Acreage Holdings has inked a $160 million deal to acquire Form Factory, a Portland, Oregon-based marijuana infused edibles manufacturer and distributor. The all-stock deal will boost Acreage’s footprint from 18 to 19 states and position the firm as a multistate consumer packaged goods firm, said George Allen, president of the New York-based company (CSE: ACRG.U). […]

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Leading US marijuana firms list shares on Canadian stock exchange

Three top American cannabis firms made their trading debuts on the Canadian Securities Exchange (CSE) this week, continuing the frenzy of U.S.-based marijuana companies turning to Canada’s public markets to raise capital. Here’s a quick rundown of what investors need to know:   Multistate cannabis operator Acreage Holdings listed its shares under the ticker symbol ACRG.U […]

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Cannabis’ global growth: Q&A with Acreage CEO Kevin Murphy and ex-Canadian PM Brian Mulroney

So great is the lure of the cannabis industry that it is attracting heavyweights from mainstream industries, congressmen, presidents and prime ministers. The latest to join the green rush is former Canadian Prime Minister Brian Mulroney, who soon will sit on the board of Acreage Holdings, a multistate marijuana company in the United States. Mulroney, […]

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Former Canadian PM Mulroney to join US cannabis company Acreage

Former Canadian Prime Minister Brian Mulroney plans to join the board of New York-based Acreage Holdings, becoming the latest political heavyweight affiliated with the multistate marijuana company. Mulroney – prime minister from 1984 to 1993 – will join a board stacked with political and corporate veterans, including: Former U.S. House Speaker John Boehner. Former Massachusetts […]

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Weekly Deal Watch: Cannabis real estate a hot target for investment

Cannabis real estate is attracting early money from investors, as funds continue to “bet” on this part of newly legal markets. This weekly series from Marijuana Business Daily and Viridian Capital Advisors provides the latest data on cannabis investment activity and M&A, along with key takeaways, analysis and trends based on recent market moves.

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Acreage, Harvest win medical cannabis dispensary licenses in North Dakota

A couple of large, multistate players won North Dakota’s first medical marijuana dispensary licenses, snagging permits for the state’s two biggest cities as the industry edges closer to launching operations by late this year or early 2019. A state review panel awarded dispensary licenses in: Fargo: The permit went to Acreage North Dakota, which is […]

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