{"id":52374,"date":"2024-01-25T20:19:05","date_gmt":"2024-01-25T20:19:05","guid":{"rendered":"https:\/\/news.pakistaninewspaperlist.com\/acreage-broadens-footprint-with-relocation-of-third-dispensary-in-connecticut\/"},"modified":"2024-01-25T20:19:05","modified_gmt":"2024-01-25T20:19:05","slug":"acreage-broadens-footprint-with-relocation-of-third-dispensary-in-connecticut","status":"publish","type":"post","link":"https:\/\/pakistaninewspaperlist.com\/news\/acreage-broadens-footprint-with-relocation-of-third-dispensary-in-connecticut\/","title":{"rendered":"Acreage Broadens Footprint with Relocation of Third Dispensary in Connecticut"},"content":{"rendered":"
\n

Newly relocated dispensary will be the first cannabis storefront in the town of Vernon, CT<\/em><\/p>\n

Relocated dispensary will open to patients on January 26, 2024 at 9:00 a.m. ET<\/em><\/p>\n

NEW YORK, Jan. 25, 2024 (GLOBE NEWSWIRE) — Acreage Holdings, Inc.<\/u><\/strong> (\u201cAcreage\u201d or the \u201cCompany\u201d) (CSE: ACRG.A.U, ACRG.B.U) (OTCQX: ACRHF, ACRDF), <\/strong>a vertically integrated, multi-state operator of cannabis cultivation and retailing facilities in the U.S., today announced the relocation of its third Connecticut location to the town of Vernon, marking the first-ever cannabis dispensary in the borough of over 30,000 residents.<\/p>\n

Located at 234 Talcotville Road, Vernon, CT,\u00a0The Botanist Vernon<\/a> is surrounded by many local businesses and restaurants with quick access to Route 84. The dispensary will provide medical patients with full access to a wide range of products both in-store and online, including flower, pre-rolls, vapes, edibles, and accessories. For a seamless experience, patients will have the option to either shop in-store or pre-order products online to pick up directly at the dispensary.<\/p>\n

\u201cIt is an honor to bring The Botanist dispensary experience to the residents of Vernon, who until now, did not have direct access to a cannabis dispensary in their town,\u201d said Dennis Curran, Chief Executive Officer and Chairman of Acreage. \u201cThis relocation has given us the opportunity to enhance our customer service experience for patients in and around the borough earlier than expected, with more space to offer a diverse product selection, improved accessibility, as well as more efficient ways to shop the menu, with delivery service anticipated to be available in the near-term. We are proud of our growing presence in the state, along with the strong relationships we continue to develop with our valued patients and partners, and we look forward to continuing this momentum as we work toward converting this dispensary to a hybrid model to also serve adult-use consumers.\u201d<\/p>\n

The Botanist Vernon is open from 11:00 a.m. to 5:00 p.m. ET Wednesday to Thursday, 9:00 a.m. to 8:00 p.m. Friday to Saturday, and 10:00 a.m. to 4:00 p.m. on Sunday. The Company expects to convert the dispensary to a hybrid model to serve both medical patients and adult-use consumers in the first half of 2024. For more details, online pre-ordering, and a full list of locations in Connecticut, please visit shopbotanist.com<\/a>.<\/p>\n

About Acreage Holdings, Inc.<\/strong><\/p>\n

Acreage is a multi-state operator of cannabis \u200ecultivation and retailing facilities in the U.S., including the Company\u2019s national retail store \u200ebrand, The Botanist. With its principal address in New York City, Acreage\u2019s wide range of national and regionally available cannabis products include the award-winning brands The Botanist and Superflux, the Prime medical brand in Pennsylvania, and others. Since its founding in 2011, Acreage has focused on building and scaling operations to create a seamless, consumer-focused, branded experience. Learn more at www.acreageholdings.com<\/u><\/a> and follow us on Twitter<\/u><\/a>, LinkedIn<\/u><\/a>, Instagram<\/u><\/a>, and Facebook<\/u><\/a>.<\/p>\n

Forward Looking Statements<\/strong><\/p>\n

This news release and each of the documents referred to herein contains \u201cforward-looking information\u201d and \u200e\u200e\u201cforward-looking statements\u201d within the meaning of applicable Canadian and United States securities legislation, \u200erespectively. All statements, other than statements of historical fact, included herein are forward-looking \u200einformation. \u200eOften, but not always, forward-looking statements and information can be identified by the use of words such as \u200e\u200e\u201cplans\u201d, \u201cexpects\u201d or \u201cdoes not expect\u201d, \u201cis expected\u201d, \u201cestimates\u201d, \u201cintends\u201d, \u201canticipates\u201d or \u201cdoes not anticipate\u201d, \u200eor \u201cbelieves\u201d, or variations of such words and phrases or state that certain actions, events or results \u201cmay\u201d, \u201ccould\u201d, \u200e\u200e\u200e\u201cwould\u201d, \u201cmight\u201d or \u201cwill\u201d be taken, occur or be achieved. \u200e<\/p>\n

Forward-looking statements or information involve known and unknown risks, uncertainties, and other \u200efactors which may cause the actual results, performance or achievements of Acreage or its \u200esubsidiaries to be materially different from any future results, performance or achievements expressed or \u200eimplied by the forward-looking statements or information contained in this news release.<\/p>\n

Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information, including, but not limited to: the occurrence of changes in U.S. federal Laws regarding the cultivation, distribution or possession of marijuana; \u200ethe ability of the parties to receive, in a timely manner and on satisfactory terms, the necessary regulatory, court \u200eand Floating Shareholder approvals; the ability of the parties to satisfy, in a timely manner, the other conditions to the completion of the Floating Share \u200eArrangement Agreement; the ability of Canopy Growth Corporation (\u201cCanopy\u201d), Canopy USA, LLC (\u201cCanopy USA\u201d) and Acreage to satisfy, in a timely manner, the closing conditions to the floating share arrangement among Canopy, Canopy USA and Acreage (the \u201cFloating Share Arrangement\u201d); risks relating to the value and liquidity of the Floating Shares and the common shares of Canopy; Canopy maintaining compliance with the Nasdaq Global Stock Market (the \u201cNasdaq\u201d) and Toronto Stock Exchange listing requirements; the rights of the Floating \u200eShareholders may differ materially from those of shareholders in Canopy; expectations regarding future investment, growth and \u200eexpansion of Acreage\u2019s operations; the possibility of adverse U.S. or Canadian tax consequences upon completion of the Floating Share Arrangement; if Canopy USA acquires the Fixed Shares pursuant to the Existing Arrangement Agreement without structural amendments to Canopy\u2019s interest in Canopy \u200eUSA, the listing of the Canopy Shares on the Nasdaq may be jeopardized; the risk of a change of \u200econtrol of either Canopy or Canopy USA; restrictions on Acreage\u2019s ability to pursue certain business \u200eopportunities and other restrictions on Acreage\u2019s business; the impact of material non-recurring expenses in \u200econnection with the Floating Share Arrangement on Acreage\u2019s future results of operations, cash flows and \u200efinancial condition; the possibility of securities class action or derivatives lawsuits; in the event that the Floating \u200eShare Arrangement is not completed, but the acquisition by Canopy of the Fixed Shares (the \u201cAcquisition\u201d) is completed pursuant to Existing Arrangement Agreement and Canopy becomes the majority \u200eshareholder in Acreage, the likelihood that the Floating Shareholders will have little or no influence on the conduct \u200eof Acreage\u2019s business and affairs; risk of situations in which the interests of Canopy USA and the interests of \u200eAcreage or shareholders of Canopy may differ;\u200e Acreage\u2019s compliance with Acreage\u2019s business plan for the fiscal years ending December 31, 2020 through December 31, 2029 pursuant to the Existing Arrangement Agreement; in the event that the Floating Share Arrangement is \u200ecompleted, the likelihood of Canopy completing the Acquisition in accordance with the Existing Arrangement Agreement; \u200erisks relating to certain directors and executive officers of Acreage having interests in the transactions \u200econtemplated by the Floating Share Arrangement Agreement and the connected transactions that are different \u200efrom those of the Floating Shareholders; risks relating to the possibility that holders of more than 5% of the \u200eFloating Shares may exercise dissent rights; other expectations and assumptions concerning the transactions \u200econtemplated between Canopy, Canopy USA and Acreage; the available funds of Acreage and the anticipated \u200euse of such funds; the availability of financing opportunities for Acreage and Canopy USA and the risks \u200eassociated with the completion thereof; regulatory and licensing risks; the ability of Canopy, Canopy USA and \u200eAcreage to leverage each other\u2019s respective capabilities and resources; changes in general economic, business \u200eand political conditions, including changes in the financial and stock markets; risks relating to infectious diseases, \u200eincluding the impacts of the COVID-19; legal and regulatory risks inherent in the cannabis industry, including the \u200eglobal regulatory landscape and enforcement related to cannabis, political risks and risks relating to regulatory \u200echange; risks relating to anti-money laundering laws; compliance with extensive government regulation and the \u200einterpretation of various laws regulations and policies; public opinion and perception of the cannabis industry\u200e; and such other risks disclosed in the Circular, the Company\u2019s Annual Report on Form 10-K for the year ended December 31, 2022, dated May 1, 2023 and the Company\u2019s other public filings, in each case filed with the SEC on the EDGAR website at www.sec.gov and with Canadian securities regulators and available under Acreage\u2019s profile on SEDAR at www.sedar.com. Although Acreage has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.<\/p>\n

Although Acreage believes that the assumptions and factors used in preparing the forward-looking information or forward-looking statements in this news release are reasonable, undue reliance should not be placed on such information and no assurance can be given that such events will occur in the disclosed time frames or at all. The forward-looking information and forward-looking statements included in this news release are made as of the date of this news release and Acreage does not undertake any obligation to publicly update such forward-looking information or forward-looking statements to reflect new information, subsequent events or otherwise unless required by applicable securities laws.<\/p>\n

Neither the Canadian Securities Exchange nor its Regulation Service Provider, nor any securities regulatory authority in Canada, the United States or any other jurisdiction, has reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.\u200e<\/p>\n

For more information, contact:<\/strong><\/p>\n

Philip Himmelstein
Interim Chief Financial Officer
investors@acreageholdings.com<\/a><\/u>
646 600 9181<\/p>\n

Courtney Van Alstyne
MATTIO Communications
acreage@mattio.com<\/a><\/u><\/p>\n

\n <\/div>\n","protected":false},"excerpt":{"rendered":"

Newly relocated dispensary will be the first cannabis storefront in the town of Vernon, CT Relocated dispensary will open to patients on January 26, 2024 at 9:00 a.m. ET NEW YORK, Jan. 25, 2024 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (\u201cAcreage\u201d or the \u201cCompany\u201d) (CSE: ACRG.A.U, ACRG.B.U) (OTCQX: ACRHF, ACRDF), a vertically integrated, multi-state operator […]<\/p>\n","protected":false},"author":2,"featured_media":52375,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/ml.globenewswire.com\/Resource\/Download\/8fd210be-f153-4bd3-87c2-a5ea9fcc558f","fifu_image_alt":"","footnotes":""},"categories":[208],"tags":[],"class_list":["post-52374","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-globenewswire"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts\/52374","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/comments?post=52374"}],"version-history":[{"count":0,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts\/52374\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/media\/52375"}],"wp:attachment":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/media?parent=52374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/categories?post=52374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/tags?post=52374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}