Company profile

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

18 Dec 20
19 Jan 21
31 Dec 21

News

Quarter (USD) Sep 20 Jun 20 Mar 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 19 Dec 18
Revenue
Cost of revenue
Operating income
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Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Acreage earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Cash on hand (at last report) 68.46M 68.46M 68.46M
Cash burn (monthly) (positive/no burn) 14.74M 14.58M
Cash used (since last report) n/a 54.14M 53.57M
Cash remaining n/a 14.32M 14.89M
Runway (months of cash) n/a 1.0 1.0

Beta Read what these cash burn values mean

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
11 Jan 21 Katie J Bayne Common Stock - Class E Subordinate Voting Shares Grant Aquire A No 0 16,448 0 16,448
11 Jan 21 Katie J Bayne Common Stock - Class D Subordinate Voting Shares Grant Aquire A No 0 91,464 0 91,464
31 Dec 20 Filippo Caldini Common Stock - Class E Subordinate Voting Shares Grant Aquire A No 0 455,556 0 455,556
31 Dec 20 Filippo Caldini Common Stock - Class D Subordinate Voting Shares Grant Aquire A No 0 300,000 0 300,000
31 Dec 20 Filippo Caldini Stock Option Common Stock - Class E Subordinate Voting Shares Grant Aquire A No 3.15 366,667 1.16M 366,667
31 Dec 20 Filippo Caldini Stock Option Common Stock - Class D Subordinate Voting Shares Grant Aquire A No 2.05 241,464 495K 241,464
31 Dec 20 Robert Daino Stock Option Common Stock - Class D Subordinate Voting Shares Grant Aquire A No 2.05 219,513 450K 219,513
31 Dec 20 Glen S Leibowitz Stock Option Common Stock - Class D Subordinate Voting Shares Grant Aquire A No 2.05 469,513 962.5K 469,513

Financial report summary

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Management Discussion
  • The Company derives its revenues from sales of cannabis and cannabis-infused products through retail dispensary, wholesale and manufacturing, as well as from management or consulting fees from entities for whom we provide management or consulting services. As of September 30, 2020, Acreage owned and operated five dispensaries in Oregon (three in Portland, one in Eugene and one in Springfield), four in New York (Buffalo, Farmingdale, Middletown, and Queens), two in New Jersey (Atlantic City and Egg Harbor), three in Connecticut (Bethel, South Windsor and Uncasville), one in Worcester, Massachusetts, two in Illinois (Chicago and Rolling Meadows) and one in Florida (Spring Hill). Acreage has cultivation facilities in Sinking Spring, Pennsylvania, Sterling, Massachusetts, Syracuse, New York, Freeport, Illinois, Sanderson, Florida and Egg Harbor, New Jersey. Acreage also collects management services revenues, substantially all in Maine.
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