Acreage Holdings Inc. (OTCMKTS:ACRZF) is a U.S.-based, vertically integrated cannabis company focused on the cultivation, processing and sale of medical and adult-use cannabis products. The company operates cultivation sites and processing facilities to produce a range of offerings, including dried flower, pre-rolled joints, vape cartridges, concentrates and edibles. Acreage’s operations span the full supply chain, from proprietary genetics and product development to wholesale distribution and retail sales.
The company’s retail presence comprises a network of dispensaries located in multiple states where recreational and/or medical cannabis use is permitted. Acreage’s branded product lines feature both in-house labels and strategic partnerships, catering to a broad spectrum of consumer preferences. By employing standardized growing protocols and laboratory testing, the company aims to maintain consistency, safety and compliance across its product portfolio.
Acreage serves markets in jurisdictions such as California, Illinois, Massachusetts, Florida, Maryland and several other states where it holds cultivation and retail licenses. Its multi-state footprint allows it to leverage operational expertise and share best practices across different regulatory environments. Acreage’s community engagement initiatives and patient-focused programs underscore its commitment to accessible and responsible cannabis use.
Founded in 2011 by industry veteran Kevin Murphy and colleagues, Acreage has grown through strategic acquisitions and license applications in emerging markets. The company is led by CEO Kevin Murphy, who brings extensive experience in cannabis operations and regulatory affairs. In 2019, Acreage entered into a strategic arrangement with Canopy Growth Corporation, granting the Canadian partner an option to acquire the company upon a change in U.S. federal law—underscoring Acreage’s ambition to build scale in anticipation of broader legalization.
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