2022-05-03 07:25:22 ACRHF Acreage Holdings
05/03/22 05/0307:25 05/03/2207:25 | Acreage Holdings closes sale of cultivation, processing facility in OregonAcreage Holdings announced it has completed the sale of its cultivation and processing facility in Medford, Oregon, and in conjunction with the sale, closed its dispensary in Powell, Oregon. Total consideration for the sale of the Medford cultivation and processing facility was $2.0 million, including $0.75 million paid to Acreage in February 2021, $0.5 million due August 1, 2022, and the remaining balance of $0.75 million due May 1, 2023. Additionally, the Company also announced that it has completed the consolidation and conversion of its dispensary in Brewer, Maine to adult-use. |
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