Acreage subsidiary challenges Maine city’s marijuana residency rule
Maine’s largest medical marijuana company is suing the city of Portland in federal court, claiming that an adult-use licensing preference for residents […]
Category: acreage holdings
Cannabis firm Acreage gets $15M loan at 60% interest rate
Marijuana multistate operator Acreage Holdings has secured a $15 million short-term loan with a whopping 60% yearly interest rate, the company said […]
Marijuana MSO execs pinpoint state markets they’re least bullish on – and those they’re eyeing for the future
This is the second installment of a two-part series in which top executives from multistate operators discuss the state-legal marijuana markets they […]
Acreage pulls out of Iowa medical marijuana market
Marijuana multistate operator Acreage Holdings relinquished its medical cannabis manufacturing license in Iowa, two months after halting operations at the facility. Acreage […]
Cannabis MSO Acreage Holdings raises $60 million as it restructures
Marijuana multistate operator Acreage Holdings, which has been slashing overhead costs and selling unprofitable assets, said Monday it has agreements in place […]
Week in Review: MA adult-use cannabis stores reopening, High Times deal unravels, Acreage ‘reset’ & more
Massachusetts recreational marijuana retail stores will be allowed to reopen May 25, but sales will be limited to curbside pickup and online or […]
Cost-cutting cannabis giant Acreage to take $80 million-$100 million charge
Multistate marijuana operator Acreage Holdings on Monday said it is still reducing overhead costs – including the sale of a North Dakota […]
Marijuana firms aim to leverage ‘essential business’ status amid COVID-19 economic slide
Cannabis businesses declared essential during the coronavirus outbreak are hoping to leverage newly allowed flexibility such as curbside pickup and home delivery into […]
Coronavirus sparks marijuana retail workers to try unionizing in Illinois, Massachusetts
The COVID-19 crisis has accelerated unionization efforts at a handful of cannabis stores and dispensaries in Illinois and Massachusetts that, if successful, […]