Acreage Holdings, Inc. Receives Glass Lewis Recommendation for U.S. Strategic Arrangement

New York, March 06, 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., is pleased to announce that Glass, Lewis & Co., LLC (“Glass Lewis”), a leading independent proxy advisory services firm, has recommended that shareholders vote FOR the U.S. strategic arrangement.

This recommendation comes as a significant endorsement for Acreage Holdings, Inc., as the company continues to expand its presence in the cannabis industry. The U.S. strategic arrangement is aimed at further solidifying Acreage’s position as a key player in the market, allowing for strategic growth opportunities and increased shareholder value.

Glass Lewis’ recommendation highlights the potential benefits of the U.S. strategic arrangement for Acreage and its shareholders. By voting in favor of the arrangement, shareholders can support the company’s long-term growth strategy and contribute to the overall success of Acreage Holdings, Inc.

Impact on Individuals

For individuals interested in investing in the cannabis industry, Acreage’s U.S. strategic arrangement could offer new opportunities for growth and profitability. By aligning with leading advisory firms like Glass Lewis, Acreage is positioning itself for success in a rapidly evolving market, which could benefit individual shareholders in the long run.

Impact on the World

The approval of Acreage’s U.S. strategic arrangement could have broader implications for the cannabis industry as a whole. By receiving a positive recommendation from Glass Lewis, Acreage is setting a precedent for strategic partnerships and growth initiatives in the industry. This could lead to increased collaboration and innovation within the cannabis market, ultimately benefitting consumers and stakeholders worldwide.

Conclusion

Overall, Glass Lewis’ recommendation for Acreage Holdings, Inc.’s U.S. strategic arrangement is a positive development for the company and the cannabis industry as a whole. By receiving support from a leading advisory firm, Acreage is well-positioned to capitalize on growth opportunities and drive shareholder value in the coming years.