Rebecca Kirk, Acreage Holdings Executive Vice President, Operations Says 'Lack Of Experience, High Cost, And Difficulty of Entry Are The Challenges That The Northeast Is Facing In The Cannabis Industry'
Portfolio Pulse from Benzinga Newsdesk
Rebecca Kirk, Executive Vice President of Operations at Acreage Holdings, has highlighted the challenges faced by the Northeast in the cannabis industry. These include lack of experience, high costs, and difficulty of entry.
September 28, 2023 | 4:35 pm
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NEGATIVE IMPACT
Acreage Holdings' operations may be affected by the challenges in the Northeast cannabis industry, potentially impacting its profitability and growth.
Acreage Holdings operates in the cannabis industry, and the challenges highlighted by its EVP of Operations, such as lack of experience, high costs, and entry difficulties, could potentially impact the company's operations, profitability, and growth in the Northeast.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
The AdvisorShares Pure US Cannabis ETF (MSOS) could be indirectly affected by the challenges in the Northeast cannabis industry, as it holds a diversified portfolio of US cannabis companies, including Acreage Holdings.
The AdvisorShares Pure US Cannabis ETF (MSOS) holds a diversified portfolio of US cannabis companies, including Acreage Holdings. Therefore, challenges in the Northeast cannabis industry could indirectly impact the ETF's performance.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50