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Acreage (CSE:ACRG.A.U) opening third The Botanist Dispensary in New Jersey

Cannabis
CSE:ACRG.U
31 March 2021 13:00 (EDT)

Acreage Holdings, Inc. (ACRG.A.U) announced the opening of The Botanist Williamstown – a medical cannabis dispensary – in Williamstown, New Jersey.

In anticipation of today’s Williamstown opening, The Botanist celebrated with a private ribbon-cutting ceremony with Monroe Township Mayor Richard DiLucia and other local business and civic leaders on Friday, March 26.

With the opening of The Botanist Williamstown, Acreage now operates three dispensaries in New Jersey, which is the maximum allowable by state law.

Acreage’s two other dispensaries are in Egg Harbor Township and Atlantic City.

With the opening of this third dispensary, Acreage is one of the only licensed operators in the state of New Jersey to have built out the maximum allowable footprint of three dispensaries and a cultivation and processing facility.

Additionally, once its two cultivation and processing expansion projects in New Jersey are completed, Acreage will be well-positioned as a market leader in time for adult-use sales to commence.

Developed by Acreage, The Botanist is both a retail and product brand focused on using the holistic power of cannabis to help wellness seekers.

The Botanist offers a wide selection of cannabis-derived products, features a “science meets nature” retail design and aims to help guide guests as they discover cannabis and the power of herbal wellness through cannabis expertise and education. 

With its principal address in New York City, Acreage is a multi-state operator of cannabis ‎cultivation and retailing facilities in the U.S., including its national retail store ‎brand, The Botanist.

Acreage Holdings Inc. (ACRG.A.U) is up 7.01 per cent and is trading at C$5.19 at 12:42 pm ET.

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