In the news
There’s a lot of buzz in the media about the cannabis industry, which seems to be evolving at light speed. Here, you’ll find stories about Acreage and the industry at large, covering new legislation, exciting scientific discoveries, industry growth, and more. Check in here or follow us on social media to stay up to date with the latest, including exciting news about our continued growth.
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May 17, 2018
Acreage Announces Plans to Enter Its 12th State
Source: Midas Letter Live
Kevin Murphy, the CEO of Acreage Holdings, one of the largest private, vertically and horizontally integrated cannabis investment company’s in the USA, discusses their history and expansion across the nation, already operating in 11 states nationwide. The company has future plans to become a publicly traded and owned entity in Canada, due to the new legality of cannabis since the passing of bill C-45 in Ottawa. Kevin outlines the company’s growing operations, extraction product manufacturing and retail profile, as well as how they are looking to continuously grow its already established footprint to create a leading national and global brand.
Former Massachusetts Governor Bill Weld pushes to legalize pot
April 20, 2018
Former Speaker John Boehner on legalizing marijuana
April 13, 2018
John Boehner on reversing his position on medical marijuana
April 13, 2018
Source: The Today Show
William Weld: Marijuana company Acreage Holdings going public 'soon'
April 12, 2018
Source: Fox Business
John Boehner joins board of cannabis company
April 11, 2018
John Boehner joins marijuana distributor as adviser
April 11, 2018
In the news
Source: Cheddar, Jacqueline Corba
Former Massachusetts Governor Bill Weld called on President Trump to change the federal classification of marijuana so researchers can explore the drug's ability to treat diseases, including cancer.
"I think anybody who is a reasonable politician has to listen to the argument that its been proved around the world that this will cure the ailments that your constituents are suffering from," Weld said in an interview with Cheddar at the Cannabis World Congress in New York. "Do you want to look your constituents in the eye, and say, 'No ー I'm going to stand in the way of you getting the physical relief from pain and suffering that you know you can get around the corner? That's a position that makes no political sense."
Source: Spectrum News NY1, Bobby Cuza
It's still illegal here in New York, but that hasn't stopped the marijuana industry from holding one of its biggest trade shows right here in Manhattan this week with some cameos by celebrities and politicians.
Source: Bloomberg, Jennifer Kaplan
The cannabis company that counts John Boehner as an adviser is hitting the Garden State.
Acreage Holdings has signed a letter of intent to join forces with one of only six companies that are licensed to grow and sell medical marijuana in New Jersey. The state is attractive because of its limited number of industry operators, its friendly governor and its proximity to population centers, according to Acreage President George Allen.
Source: Green Market Report, William Sumner
Without a doubt, The Green Organic Dutchman Holdings (TGOD) has one of the hottest IPOs in the cannabis industry right now. Initially slated to raise around $102 million, TGOD has amended their IPO twice due to investor demand and have grown an already impressive offering to $132,263,225.
For all the Johnny Come Latelys kicking themselves for not getting in on this red-hot IPO sooner, have no fear. There is already a handful of new investment IPOs waiting just around the corner, and they all look just as promising as TGOD. Here are four upcoming IPOs that you need to keep an eye on.
Source: Cannabis Business Times, Melissa Schiller
Acreage Holdings grabbed the cannabis industry’s attention when it announced former House Speaker (and longtime marijuana prohibitionist) John Boehner and former Massachusetts Gov. Bill Weld were joining its board of advisors on April 11.
“We couldn’t be more pleased and honored to have Speaker Boehner a part of our organization,” CEO Kevin Murphy tells Cannabis Business Times.
Source: Forbes, Julie Weed
President Trump has confirmed that a deal with Colorado Senator Cory Gardner to let Colorado make its own cannabis legalization decisions in exchange for the Senator not holding up Department of Justice nominations. John Boehner joined the advisory board of a marijuana company, despite being anti-legalization when he was Speaker of the House in Congress. Pennsylvania recently said it will allow university hospitals to participate in clinical trials of cannabis.
The U.S. marijuana industry has a new spokesman: John Boehner.
The Republican former Speaker of the House has joined the advisory board of Acreage Holdings, a company that cultivates, processes and dispenses cannabis in 11 U.S. states. Boehner’s endorsement, after saying nine years ago he was “unalterably opposed” to marijuana legalization, could be considered a watershed event: Marijuana has gone mainstream.
Source: New York Times, Daniel Victor
John A. Boehner, the speaker of the House from 2011 to 2015, reversed a long-held stance against marijuana legalization on Wednesday, saying on Twitter that “my thinking on cannabis has evolved.”
Mr. Boehner, a Republican leader who in 2011 told a constituent he was “unalterably opposed” to legalization, joined the board of advisers of Acreage Holdings, a cannabis corporation that operates in 11 states.
Source: CNN, Jennifer Hansler
John Boehner is heading for the boardroom of a cannabis company, the former Speaker of the House announced Wednesday.
"I'm joining the board of #AcreageHoldings because my thinking on cannabis has evolved," the Ohio Republican tweeted." I'm convinced de-scheduling the drug is needed so we can do research, help our veterans, and reverse the opioid epidemic ravaging our communities."
Source: Bloomberg, Kristine Owram
The pot industry panicked when U.S. Attorney General Jeff Sessions ended the government’s hands-off policy on weed. Today, it can breathe a bit easier as former Republican House Speaker John Boehner joins the advisory board of U.S. cannabis producer Acreage Holdings.
“It is difficult to overstate the impact of this monumental event for the U.S. cannabis sector,” Vahan Ajamian, analyst at Beacon Securities Ltd., wrote in a note Wednesday.
Source: Rolling Stone, Ryan Reed
John Boehner is now an unexpected ally in the fight for legal weed. The Republican, who served as Speaker of the U.S. House of Representatives between 2011 and 2015, joined the board of advisors for Acreage Holdings, a company that cultivates, processes and dispenses cannabis in 11 states.
Seven years ago, Boehner said he was "unalterably opposed" to legalizing marijuana. On Wednesday, he tweeted that his opinion on the issue "evolved" over the years. "I'm convinced de-scheduling the drug is needed so we can do research, help our veterans and reverse the opioid epidemic ravaging our communities," he wrote, linking a news release about joining the company.
Source: The Washington Post, Alex Horton & Christopher Ingraham
John A. Boehner, the former Republican speaker of the House who once said he was “unalterably opposed” to decriminalizing marijuana laws, has joined a board of directors for a cannabis company with an eye on rolling back federal regulations.
The former Ohio congressman has been appointed to the board of advisers of Acreage Holdings, invoking the need for veterans to access the drug legally to explain his change of heart, Boehner said in a statement Wednesday. The company grows and sells legal weed and operates in 11 states.