Acreage Holdings, Inc. (OTCQX: ACRHF) (OTCQX: ACRDF) (CSE:ACRG.A.U) (CSE:ACRG.B.U) has shuttered its dispensary in Powell, Oregon.
The sale price for the Medford cultivation and processing facility was $2 million, with $0.5 million due August 1, 2022
In Maine, Acreage CEO Peter Caldini said, “We are happy to transition our Brewer dispensary to adult-use, further strengthening our leading retail market share position in the state.
We look forward to providing access to Maine residents as we expand our market presence
As we wind down operations in Oregon and focus on strengthening our position in our core regions, we are glad to have sold the facility there as well.