공고 • Dec 10
Canopy USA, LLC completed the acquisition of Acreage Holdings, Inc. (CNSX:ACRG.A.U). Canopy USA, LLC exercised its option to acquire Acreage Holdings, Inc. (CNSX:ACRG.A.U) for $32.6 million on June 3, 2024. The consideration consists of common equity of Canopy Growth at a ratio of 0.03048 per outstanding Class E subordinate voting shares of Acreage Holdings, Inc. and 0.045 of a common share of Canopy Growth for each class D Floating Share held. As per filling of November 25, 2024, as a result of dilution in respect of the Offering completed by the Company in June 2024, the Company expects that the Exchange Ratio relating to the Fixed Shares will result in fewer common shares (the “Canopy Shares”) of Canopy Growth Corporation. As a result of the material impact of the Offering it is anticipated that the current holders of Fixed Shares will receive zero value upon closing of the Acquisitions. Closing of the acquisition of Acreage remains subject to all of the closing conditions set forth in the Acreage Fixed Share Arrangement Agreement. As of November 25, 2024, the transaction is expected to close in mid-December, 2024, subject to the satisfaction or waiver of closing conditions, including, but not limited to, receipt by Acreage, Canopy and Canopy USA of required regulatory approvals. As of December 2, 2024, the transaction is expected to close on or around December 9, 2024. Odyssey Trust Company acted as transfer agent to Canopy USA, LLC.
Canopy USA, LLC completed the acquisition of Acreage Holdings, Inc. (CNSX:ACRG.A.U) on December 9, 2024. In aggregate, Canopy Growth issued approximately 5.89 million Canopy Shares (with a value equal to approximately $21.2 million) to former Acreage shareholders, Cassels Brock & Blackwell LLP and Paul Hastings LLP acted as Canadian and U.S. legal counsel, respectively, to Canopy Growth. Greenhill & Co.Canada Ltd. acted as financial advisors to Canopy Growth. DLA Piper (Canada) LLP and Cozen O'Connor acted as Canadian and U.S. legal counsel, respectively, to Acreage. Canaccord Genuity Corp. and Eight Capital acted as financial advisors to Acreage. 공고 • Nov 15
Acreage Holdings, Inc. to Report Q3, 2024 Results on Nov 14, 2024 Acreage Holdings, Inc. announced that they will report Q3, 2024 results on Nov 14, 2024 공고 • Aug 07
Acreage Holdings, Inc. Commences Non-Medical Cannabis Sales in Ohio Acreage Holdings, Inc. announced the launch of non-medical cannabis sales in Ohio. Beginning August 6, 2024, non-medical consumers in Ohio who are 21+ can purchase cannabis products from The Botanist locations in Akron, Canton, Cleveland, Wickliffe, and Columbus. Acreage's brands, The Botanist and Superflux, will feature a wide range of offerings at The Botanist retail locations and participating partner dispensaries across Ohio for non-medical consumers who are 21+ and medical patients. This includes The Botanist's top-selling fast-acting gummies, all-in-one vapes, along with Superflux's premium concentrates and recently introduced live resin gummies. Additionally, Storz & Bickel vaporizers, as well as Wana Brands edibles will be immediately available via The Botanist dispensaries with plans to offer Jetty solventless vape products over time. 공고 • Jun 21
Acreage Holdings, Inc. Appoints Rebecca Kirk as Chief Operating Officer, Effective July 1, 2024 Acreage Holdings, Inc. announced the appointment of Rebecca Kirk as the Company’s Chief Operating Officer (‘COO’), effective July 1, 2024. Rebecca brings extensive industry experience and strategic insight to her impending role as Chief Operating Officer with over 20 years of executive leadership in the cannabis industry. Having joined Acreage in 2019 following the acquisition of CWG Botanicals, a cannabis cultivator and producer she founded, Rebecca has served as an Executive Vice President with the Company since 2022. In addition, Rebecca has a distinguished record as a pioneering leader in California's cannabis industry, having secured one of the first comprehensive licenses for cultivation, extraction, manufacturing, and distribution in the state. Beyond Rebecca’s professional accomplishments, she is an active member in the community and a passionate advocate for cannabis reform. Her commitment to fostering industry growth is exemplified by her central role in the creation and execution of Oakland’s Social Equity Incubator Program, which has significantly supported minority-owned cannabis businesses. Additionally, for over three decades, Rebecca has actively participated in grassroots movements advocating for federal legalization and efforts to end the War on Drugs. This advocacy continues to inform her leadership style and commitment to corporate social responsibility. 공고 • Jun 08
Acreage Holdings, Inc. announced that it has received $9.99996 million in funding On June 6, 2024, Acreage Holdings, Inc. closed the transaction. 공고 • Jun 06
Acreage Holdings, Inc. announced that it expects to receive $9.99996 million in funding Acreage Holdings, Inc. announced that it has entered into subscription agreements with certain institutional investors to issue 12,000 units by way of a brokered private placement at a price of $833.33 per unit for the gross proceeds of $9,999,960 on June 5, 2024. Each Unit will consist of $1,000 principal amount of non-recourse unsecured convertible notes , reflecting a 16.67% original issue discount, convertible into that number of Class E subordinate voting shares of the Company and Fixed Share purchase warrants , with each Warrant exercisable to acquire one Fixed Share at the Exercise Price at any time on or before the date which is 60 months after the closing date of the Offering. The number of Warrants to be issued to each Investor shall be the quotient obtained by dividing the aggregate $10 million subscription amount of the Units by the Exercise Price. The transaction is expected to close on June 6, 2024 and is subject to customary closing conditions. 
