Acreage Holdings, INC
Market Movers (8-K)
Canopy USA has finalized its acquisition of Acreage Holdings, marking a significant step in its strategy to become a leading brand-focused cannabis company in the U.S.
Acreage Holdings and Canopy Growth Corporation announce the anticipated completion of Canopy USA's acquisition of Acreage on or around December 9, 2024.
Delay expected
Acreage Holdings expects Canopy USA to complete its acquisition of the company in mid-December, with a significant reduction in the exchange ratio for fixed shares, potentially resulting in zero value for those shareholders.
Worse than expected
Capital raise
8-K: Acreage Holdings Reports Q3 2024 Results, Highlights Ohio Launch and Canopy USA Acquisition Progress
Acreage Holdings announced its Q3 2024 financial results, noting a revenue of $39.6 million, the launch of non-medical sales in Ohio, and progress on its acquisition by Canopy USA.
Worse than expected
Capital raise
Quarterly Earnings (10-Q)
Acreage Holdings reports a decrease in revenue and a net loss for Q3 2024, while navigating strategic changes and a pending acquisition by Canopy USA.
Capital raise
Worse than expected
Insider Trading (Form 4)
Acreage Holdings' Chief Financial Officer, Philip Himmelstein, reports the disposal of Class E and Class D shares following the acquisition of Acreage by Canopy USA.
Acreage Holdings' General Counsel, Corey J. Sheahan, reports the disposal of Class D and Class E shares following the acquisition of Acreage by Canopy USA.
Acreage Holdings CEO, Dennis Curran, reports the disposition of his Class D and Class E shares following the acquisition of Acreage by Canopy USA.
Acreage Holdings director William C. Van Faasen reports the disposal of Class E and Class D shares following the acquisition of Acreage by Canopy USA.
Acreage Holdings director John A. Boehner reports the acquisition of his shares by Canopy USA as part of a merger agreement, resulting in the exchange of Class D shares for Canopy shares and the cancellation of Class E shares.