Acreage Holdings
- Company typePrivate
- Founded2011
- HeadquartersNew York, United States
- Headcount101–250
- GTM typeB2C
- OfferingHardware or Manufacturing
Acreage Holdings firmographics
Firmographics- Name
- Acreage Holdings
- Legal name
- Acreage Holdings
- Website
- https://acreageholdings.com
- Company type
- Private
- Founded year
- 2011
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Acreage Holdings industry classification
Industry- Product category
- Multi-State Cannabis Operator (Vertically Integrated)
- NAICS
- Greenhouse, Nursery, and Floriculture Production (1114)
- SIC
- Medicinal Chemicals & Botanical Products (2833)
- akta.pro primary industry
- Cannabis Dispensary + Ancillary Retail (Accessories, CBD/Hemp, Merchandise) (CRANAFAH)
Keywords
Where Acreage Holdings is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Acreage Holdings business model
Business model- GTM type
- B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Personnel, Supply Chain, Infrastructure, Marketing or Sales
Revenue model
- Retail Cannabis Sales: Direct-to-consumer sales through owned The Botanist dispensaries in five states serving both adult-use and medical marijuana patients.
- Wholesale Cannabis Products: Wholesale distribution of branded cannabis products including The Botanist, Superflux, and Prime Wellness of Pennsylvania to third-party dispensary partners.
- Debt Financing: Capital raised through credit agreements with Canopy Growth subsidiary and third-party lenders to fund expansion initiatives.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels7 records
Acreage Holdings product offering
Product offeringCore offering
Acreage Holdings is a vertically integrated multi-state cannabis operator that cultivates, processes/manufactures, and dispenses cannabis products under a house of brands including The Botanist, Superflux, and Prime Wellness of Pennsylvania. It operates The Botanist dispensaries across five U.S. states (New York, New Jersey, Connecticut, Ohio, Massachusetts) serving both adult-use consumers and medical marijuana patients, while also distributing branded wholesale cannabis products to third-party dispensary partners.
Product overview
Acreage Holdings operates as a multi-state cannabis operator with a vertically integrated 'seed to sale' model encompassing cultivation, processing/manufacturing, and retail dispensing. The company offers a portfolio of distinct brands organized into three tiers: two national brands (The Botanist for curated retail experiences and premium products; Superflux for concentrates, vapes, and premium flower), one regional brand (Prime Wellness of Pennsylvania for medical marijuana), and The Botanist Dispensaries as the company's retail footprint across five states.
Differentiator
Problem solved
Functional benefit
Products and services
- The Botanist (national brand) National cannabis product brand providing a curated retail and product experience for consumers at any stage of their cannabis journey, from beginners to experienced connoisseurs, with products available through owned retail dispensaries and wholesale partners.
- Superflux (national brand) National cannabis brand specializing in concentrates, vapes, and premium flower, focused on preserving the art of cultivation and production through meticulous curation of the entire process from cultivation to finished product.
- Prime Wellness of Pennsylvania (regional brand) Regional medical marijuana brand in Pennsylvania, serving as a premier provider of exceptional quality medical cannabis products to dispensary partners across the Commonwealth since 2017.
- The Botanist Dispensaries (retail operations) Owned retail dispensaries operating in adult-use and medical markets across five U.S. states (New York, New Jersey, Connecticut, Ohio, and Massachusetts), offering personalized service, knowledgeable store associates, and a broad selection of cannabis products for new and long-time consumers and patients.
Companies that use Acreage Holdings
Customer profileSegments3 records
Ideal customer profiles3 records
Acreage Holdings technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Acreage Holdings partnerships and signals
Strategic signalScale indicators6 records
Recent moves6 records
Expansion highlights5 records
Acreage Holdings competitors and assessment
Company assessmentDirect peers
- Curaleaf Holdings: Largest US multi-state cannabis operator with vertically integrated retail, cultivation, and processing operations across numerous states including several overlapping with Acreage's Northeast footprint.
- Trulieve Cannabis: Vertically integrated cannabis MSO with retail dispensaries and cultivation/processing across multiple US states, operating a similar seed-to-sale model and competing in several common markets.
- Green Thumb Industries: Multi-state cannabis operator combining retail and cultivation across many overlapping state markets, with a house-of-brands model analogous to Acreage's The Botanist/Superflux portfolio.
- Cresco Labs: Vertically integrated cannabis MSO with multi-state retail and cultivation, including recent expansion into East Coast and Northeast markets that overlap with Acreage's footprint.
- Verano Holdings: Cannabis MSO with vertically integrated retail, cultivation, and wholesale across multiple US state markets, competing directly with Acreage in several East Coast jurisdictions.
- TerrAscend: Cannabis operator with retail and cultivation across multiple states, including an East Coast footprint that overlaps with several of Acreage's markets.
- Ayr Wellness: Vertically integrated cannabis operator with multi-state retail and cultivation footprint pursuing expansion into Northeast and other markets similar to Acreage.
- Columbia Care: Multi-state cannabis operator (now under Cresco Labs ownership) with strong East Coast retail and cultivation presence that overlapped materially with Acreage's footprint.
Broad incumbents
- Canopy Growth Corporation: Large Canadian cannabis company with global operations and a significant stake/option on Acreage Holdings, providing Acreage both capital backing and serving as a broader industry incumbent.
- Tilray Brands: Diversified cannabis and CPG company with US multi-state operations and broader product portfolio including international presence; an industry incumbent overlapping with Acreage's wholesale and retail channels.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Acreage Holdings social profiles
Digital presenceAcreage Holdings financial estimates
Financial estimateRevenue estimate
Valuation estimate
Acreage Holdings leadership team
Management profileNumber of profiles
Profiles8 records
Acreage Holdings subsidiaries and ownership
Company hierarchySubsidiaries3 records
Acreage Holdings funding detail
Funding detailFunding overview
Funding rounds11 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Acreage Holdings M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Acreage Holdings
What does Acreage Holdings do?
Acreage Holdings is a vertically integrated multi-state cannabis operator that cultivates, processes/manufactures, and dispenses cannabis products under a house of brands including The Botanist, Superflux, and Prime Wellness of Pennsylvania. It operates The Botanist dispensaries across five U.S. states (New York, New Jersey, Connecticut, Ohio, Massachusetts) serving both adult-use consumers and medical marijuana patients, while also distributing branded wholesale cannabis products to third-party dispensary partners.
Is Acreage Holdings a public or private company?
Acreage Holdings is a private company. It is classified as public.
When was Acreage Holdings founded?
Acreage Holdings was founded in 2011. It employs 101 to 250 people.
Where is Acreage Holdings based?
Acreage Holdings is headquartered in New York, United States, in the North America region.
How does Acreage Holdings make money?
Three revenue lines are on record. Retail Cannabis Sales are the primary driver. The others are wholesale Cannabis Products and debt Financing.
Who are Acreage Holdings's main competitors?
Direct peers on record are Curaleaf Holdings, Trulieve Cannabis, Green Thumb Industries, Cresco Labs, Verano Holdings, TerrAscend, Ayr Wellness and Columbia Care. Broad incumbents are Canopy Growth Corporation and Tilray Brands.
Does Acreage Holdings have an API?
No public API is recorded for Acreage Holdings.
What industry is Acreage Holdings in?
Acreage Holdings's product category is Multi-State Cannabis Operator (Vertically Integrated). Its primary akta.pro industry code is CRANAFAH, Cannabis Dispensary + Ancillary Retail (Accessories, CBD/Hemp, Merchandise). Its NAICS code is 1114 and its SIC code is 2833.