Acreage Holdings
Financials
Estimates*
| USD | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenues | 156m | 115m | 189m | 237m | 223m | 212m | 282m |
| % growth | 643 % | (26 %) | 64 % | 25 % | (6 %) | (5 %) | 33 % |
| EBITDA | (55.0m) | (30.0m) | 25.0m | 35.0m | 28.3m | 23.3m | 53.4m |
| % EBITDA margin | (35 %) | (26 %) | 13 % | 15 % | 13 % | 11 % | 19 % |
| Profit | (150m) | (287m) | (63.0m) | (140m) | (69.1m) | (7.4m) | (3.4m) |
| % profit margin | (96 %) | (250 %) | (33 %) | (59 %) | (31 %) | (3 %) | (1 %) |
| EV / revenue | - | 3.8x | 1.5x | 0.3x | 0.1x | 0.1x | 0.1x |
| EV / EBITDA | - | -14.5x | 11.5x | 1.8x | 0.7x | 1.1x | 0.5x |
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
$119m | Series E | ||
| N/A | N/A | IPO | |
$3.4b Valuation: $3.4b 161.9x EV/LTM Revenues -178.9x EV/LTM EBITDA | Acquisition | ||
* | $100m | Post IPO Debt | |
* | $25.0m | Post IPO Debt | |
* | N/A | N/A | Post IPO Equity |
* | N/A | N/A | Post IPO Debt |
| Total Funding | €108m | ||
Recent News about Acreage Holdings
EditAcreage Holdings is a prominent multi-state operator in the cannabis industry, dedicated to providing a variety of modern and accessible cannabis brands to meet the diverse needs of consumers. Founded in 2011, Acreage has grown to become a leader in the sector, driven by the belief that cannabis has the power to transform lives. The company operates in the United States, where cannabis is increasingly recognized as an essential industry.
Acreage serves a wide range of clients, from medical patients seeking relief to recreational users looking for high-quality products. The company’s portfolio includes several distinct brands, each tailored to different consumer preferences and needs. This allows Acreage to cater to a broad audience, ensuring that everyone can access the benefits of cannabis.
The business model of Acreage Holdings revolves around the cultivation, processing, and distribution of cannabis products. They operate a vertically integrated system, meaning they control every step of the production process from growing the plants to selling the final products. This ensures high quality and consistency across their offerings. Acreage makes money by selling these products through both wholesale channels and their own retail locations.
Acreage is committed to innovation and speed to market while maintaining a responsible approach to business. They emphasize sustainability, diversity, equity, and inclusion in their operations, aiming to create a positive impact on the industry and society. The company also offers a range of health benefits and career opportunities, making it an attractive employer in the fast-paced cannabis sector.
In summary, Acreage Holdings is a key player in the U.S. cannabis market, known for its diverse brand portfolio, commitment to quality, and responsible business practices. The company continues to expand its footprint, driven by the mission to make cannabis accessible to all.
Keywords: Cannabis, Multi-State Operator, Brands, Medical, Recreational, Cultivation, Processing, Distribution, Innovation, Sustainability.
