Headquartered in New York City, Acreage is the largest vertically integrated, multi-state owner of cannabis licenses and assets in the U.S. with respect to the number of states with cannabis-related licenses. , according to publicly available information. Acreage owns licenses or has management services agreements in place in 20 states (including pending acquisitions) with a population of more than 172 million Americans, and an estimated 2022 total addressable market of approximately $14 billion in legal cannabis sales, according to Arcview Market Research. Acreage is dedicated to building and scaling operations to create a seamless, consumer-focused branded cannabis experience. Acreage’s national retail store brand, The Botanist, debuted in 2018.
Company Snapshot
Year Founded
2014
Headquarters Location
New York, NY
Key Executives
Kevin Murphy, Chairman and CEO
Number of Locations
> 10
Industry
Dispensaries,Laboratories & Growers,Processors