Acreage Enters into US$10MM Private Placement

NEW YORK, June 05, 2024 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage” or the “Company”) (CSE: ACRG.A.U, ACRG.B.U) (OTCQX: ACRHF, ACRDF), a vertically integrated, multi-state operator of cannabis cultivation and retailing facilities in the U.S., today announced that it has entered into subscription agreements with certain institutional investors (each, an “Investor”) to issue units (the “Units”) by way of a brokered private placement at a price of US$833.33 per Unit, for gross proceeds to the Company of US$10 million (the “Offering”).

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