Companies

Acreage Holdings Makes Its First Foray into New York's Adult-Use Cannabis Market

Published January 4, 2024

Acreage Holdings OTC:ACRHF, a prominent player in the cannabis industry, has made a significant stride in expanding its market presence. The company's The Botanist product line is poised to make its debut on dispensary shelves in New York's adult-use market following its initial wholesale product sale. This move represents Acreage's entry into one of the most anticipated markets in the country following the state's legalization of adult-use cannabis.

Expanding Footprint in New York

The transition into the New York adult-use market is a strategic step for Acreage. With this development, The Botanist products are expected to be available at participating adult-use dispensaries across the state starting the week of January 8th. This puts Acreage at the forefront of companies tapping into the new regulatory environment designed to bolster economic growth through legalized cannabis sales.

Full Menu of Products Available

The Botanist, Acreage's flagship brand, will offer its full menu of products to all eligible adult-use dispensaries. The availability of these products is eagerly awaited by consumers who have been anticipating the rollout of legal adult-use cannabis sales. With its diverse product lineup, The Botanist is positioned to cater to a wide audience of cannabis users, from novices to connoisseurs.

The company's advance into the adult-use market in New York indicates a broader trend of cannabis operators seeking to capitalize on new markets as more states embrace the legalization movement. Acreage's strategic wholesale move also demonstrates the growing significance of distribution networks in the complex regulatory landscape of the cannabis industry.

Acreage, Cannabis, NewYork