The Botanist

Cannabis Workers in Atlantic City Choose UFCW Local 152 for a Voice

Retrieved on: 
Friday, January 5, 2024
Public Policy, Government, Natural Resources, Other Retail, State, Local, Tobacco, Labor, Cannabis, Retail, UFCW, The Botanist, MPX, Drug

Unionized workers at a cannabis dispensary in Atlantic City have voted to select United Food and Commercial Workers Local 152 as their representative in contract negotiations with their employer.

Key Points: 
  • Unionized workers at a cannabis dispensary in Atlantic City have voted to select United Food and Commercial Workers Local 152 as their representative in contract negotiations with their employer.
  • The 12 workers at the MPX NJ Atlantic City Medical Cannabis Dispensary join their fellow coworkers at MPX’s grow facility in Pleasantville, N.J., who joined UFCW Local 152 in 2023.
  • The new Local 152 members work as “budtenders” who provide knowledgeable customer service, facilitate retail sales and fulfill online orders.
  • “These workers have put their trust in our union to help improve their lives, and we will fight for what they deserve,” Local 152 President Brian String said.

Acreage Launches The Botanist Gummies in New York and Provides Core Market Update

Retrieved on: 
Friday, December 22, 2023
Botany, Empire State, Cannabis, Collection, Ageing, THC, Human, Fruit, Edible, Growth, Patient, Gummy candy, The Botanist, Organization, Rubus idaeus, Acreage Holdings, CBD, Drug

The new offerings are now available at The Botanist dispensaries in Farmingdale, Queens, Middletown, and Buffalo, as well as various partner dispensaries next week across New York.

Key Points: 
  • The new offerings are now available at The Botanist dispensaries in Farmingdale, Queens, Middletown, and Buffalo, as well as various partner dispensaries next week across New York.
  • These flavor-forward THC-infused gummies complement The Botanist’s diverse selection of award-winning flower, pre-rolls, vapes, tinctures, and extracts already available in the state.
  • New York follows Illinois, Massachusetts, Maine, and Ohio as the fifth Acreage market to offer this product.
  • “We are delighted to bring our well-crafted and delicious gummies to the Empire State,” said Dennis Curran, Chief Executive Officer and Chairman of Acreage.

Acreage Introduces Craft Cannabis Brand Superflux to New Jersey

Retrieved on: 
Monday, October 30, 2023
Cannabis, OG, High Times, Garden, Fruit, Acreage Holdings, Terpene, CSE, Wedding cake, Black Cherry, Garden State, Collection, The Botanist, Drug, Perfume, Wine, Gelato

NEW YORK, Oct. 30, 2023 (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., announced that it will debut its Superflux craft cannabis brand in New Jersey on November 1, 2023. With a next-level strain inventory curated with dedication and passion, the Superflux product line offers unique traits, uncommon terpenes, and uncanny aromas to preserve the true essence of cannabis.

Key Points: 
  • NEW YORK, Oct. 30, 2023 (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., announced that it will debut its Superflux craft cannabis brand in New Jersey on November 1, 2023.
  • With a next-level strain inventory curated with dedication and passion, the Superflux product line offers unique traits, uncommon terpenes, and uncanny aromas to preserve the true essence of cannabis.
  • “We are thrilled to bring Superflux to New Jersey, an unparalleled craft offering created to celebrate the distinct character of each cannabis plant and the craftsmanship of its cultivators,” said Patricia Rosi, Chief Marketing and Strategy Officer of Acreage.
  • With the addition of New Jersey, Superflux is now available across four states, including Ohio, Illinois, and Massachusetts.

Cannabis Cultivators Join UFCW Local 152 in Latest Success

Retrieved on: 
Monday, October 9, 2023
Other Retail, Cannabis, Agriculture, Natural Resources, Public Policy, Food, Beverage, Other Manufacturing, Other Policy Issues, Retail, Packaging, Labor, Government, Manufacturing, Certification, Mediation, The Botanist, MPX, Local, Human, Sale, Drug, United Food and Commercial Workers

Workers at a New Jersey cannabis cultivation site have voted to join United Food and Commercial Workers Local 152.

Key Points: 
  • Workers at a New Jersey cannabis cultivation site have voted to join United Food and Commercial Workers Local 152.
  • The vote is the latest in a string of successes for the union’s Cannabis Division.
  • “We are proud to represent these cannabis cultivators,” Local 152 President Brian String said.
  • Local 152 will continue to meet with the workers to draft contract proposals and schedule bargaining dates with the company.

Acreage Reports Second Quarter 2023 Financial Results

Retrieved on: 
Wednesday, August 9, 2023
Rewards for Justice Program, New England, Partnership, CSE, Drink, The Botanist, Botánica, Canopy Growth, Growth, Botany, War on drugs, Adjustment, Acreage Holdings, Biomass, THC, Management, Mobile phone, Drug

NEW YORK, Aug. 09, 2023 (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 reported its financial results for the second quarter ended June 30, 2023 (“Q2 2023”).

Key Points: 
  • NEW YORK, Aug. 09, 2023 (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 reported its financial results for the second quarter ended June 30, 2023 (“Q2 2023”).
  • Consolidated revenue of $58.1 million, an increase of 3.8% compared to quarter ended March 31, 2023 (“Q1 2023”).
  • Excluding the impact of non-cash inventory adjustments, gross margin for Q2 2023 was 44%.
  • Expanded the Company’s leadership team to include deep cannabis operational expertise, and appointed Dennis Curran to Chief Executive Officer and Carl Nesbitt to Chief Financial Officer.

Members Vote Yes for First Contract in UFCW Local 152’s Cannabis Division

Retrieved on: 
Friday, June 23, 2023
Human Resources, Labor, Other Retail, Cannabis, Public Policy, Government, Professional Services, State, Local, Retail, Natural Resources, MPX, The Botanist, UFCW, Drug

The base salary for new hires is increased and all members at both Botanist locations have access to the grievance process through their union.

Key Points: 
  • The base salary for new hires is increased and all members at both Botanist locations have access to the grievance process through their union.
  • “This strong first contract is the culmination of months of hard bargaining on behalf of our members,” Local 152 President Brian String said.
  • For more than a decade, Local 152 has been at the forefront of organizing the cannabis industry in New Jersey.
  • “Our expertise in bargaining across many diverse, challenging industries makes Local 152 a powerful ally for cannabis workers,” String said.

Acreage Reports First Quarter 2023 Financial Results

Retrieved on: 
Tuesday, May 23, 2023
CSE, The Botanist, Model Business Corporation Act, Class, EBITDA, Supreme court, Law of the United Kingdom, Canopy Growth, Botany, Adjustment, Acreage Holdings, Mobile phone

NEW YORK, May 22, 2023 (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 reported its financial results for the first quarter ended March 31, 2023 (“Q1 2023”).

Key Points: 
  • NEW YORK, May 22, 2023 (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 reported its financial results for the first quarter ended March 31, 2023 (“Q1 2023”).
  • Gross margin was 48% for Q1 2023, an increase from 35% in the fourth quarter of 2022 ("Q4 2022").
  • Excluding the impact of non-cash inventory adjustments, gross margin for Q1 2023 was 51%.
  • Adjusted EBITDA* was $10.6 million and Adjusted EBITDA* as a percentage of consolidated revenue was 19% for Q1 2023.

Acreage Further Expands Adult-Use Retail Operations in Connecticut

Retrieved on: 
Thursday, May 4, 2023
Medicine, Botany, CSE, Acreage Holdings, Patient, The Botanist, OTC, Health insurance

NEW YORK, May 04, 2023 (GLOBE NEWSWIRE) -- Acreage Holdings, Inc. (“Acreage” or the “Company”) (CSE: ACRG.A.U, ACRG.B.U), (OTC: ACRHF, ACRDF), a vertically integrated, multi-state operator of cannabis cultivation and retailing facilities in the U.S., launched adult-use cannabis operations at The Botanist dispensary in Danbury, Connecticut, located at 105 Mill Plain Road.

Key Points: 
  • NEW YORK, May 04, 2023 (GLOBE NEWSWIRE) -- Acreage Holdings, Inc. (“Acreage” or the “Company”) (CSE: ACRG.A.U, ACRG.B.U), (OTC: ACRHF, ACRDF), a vertically integrated, multi-state operator of cannabis cultivation and retailing facilities in the U.S., launched adult-use cannabis operations at The Botanist dispensary in Danbury, Connecticut, located at 105 Mill Plain Road.
  • “Following the successful launch of adult-use sales at The Botanist in Montville in January, we’re thrilled to welcome adult-use guests to The Botanist in Danbury,” said Peter Caldini, CEO of Acreage.
  • “The Botanist team has taken its quality service to the next level, smoothly transitioning to adult-use sales while maintaining top-tier care for our medical patients.
  • We look forward to contributing to the expansion of adult-use operations in Connecticut.”
    The Botanist in Danbury is Acreage’s second dispensary to launch adult-use sales in Connecticut following a successful launch at The Botanist in Montville in January 2023.

Acreage Introduces Fast-Acting Gummies to The Botanist Offerings

Retrieved on: 
Tuesday, January 31, 2023
OTC, Acreage Holdings, Titan Mare Explorer, CSE, Botany, The Botanist, Absorption, THC

The Botanist Fast-Acting Gummies are available in the following states: Illinois, Maine, Massachusetts, and Ohio.

Key Points: 
  • The Botanist Fast-Acting Gummies are available in the following states: Illinois, Maine, Massachusetts, and Ohio.
  • Whereas traditional edibles may take 1-4 hours to take effect, The Botanist Fast-Acting Gummies aim to deliver potential effects in approximately 5-15 minutes.
  • Product offerings and descriptions may vary per market; in the state of Ohio, the gummies are listed as "The Botanist TiME Gummies."
  • With the launch of Fast-Acting Gummies and the commencement of adult-use sales at The Botanist Montville in Connecticut, Acreage is off to an exciting start for the new year.”

Acreage Commences Adult-Use Retail Operations in Connecticut

Retrieved on: 
Tuesday, January 10, 2023
OTC, The Botanist, CSE, Acreage Holdings, Patient, Botany, Health, Health insurance

NEW YORK, Jan. 10, 2023 (GLOBE NEWSWIRE) -- Acreage Holdings, Inc. (“Acreage” or the “Company”) (CSE: ACRG.A.U, ACRG.B.U), (OTC: ACRHF, ACRDF), a vertically integrated, multi-state operator of cannabis cultivation and retailing facilities in the U.S., today launched adult-use cannabis operations in Connecticut at The Botanist dispensary in Montville, located at 887 Norwich-New London Turnpike.

Key Points: 
  • NEW YORK, Jan. 10, 2023 (GLOBE NEWSWIRE) -- Acreage Holdings, Inc. (“Acreage” or the “Company”) (CSE: ACRG.A.U, ACRG.B.U), (OTC: ACRHF, ACRDF), a vertically integrated, multi-state operator of cannabis cultivation and retailing facilities in the U.S., today launched adult-use cannabis operations in Connecticut at The Botanist dispensary in Montville, located at 887 Norwich-New London Turnpike.
  • “The Botanist team is thrilled to expand our Connecticut operations to adult-use consumers, beginning with the Montville location,” said Peter Caldini, CEO of Acreage.
  • “We expect Connecticut will be a booming adult-use market, and The Botanist is prepared to meet heightened demand with increased inventory, dedicated medical patient services, and more.
  • The celebration is expected to be attended by Senator Cathy Osten, Mayor Ronald McDaniel, and additional state and local officials.