Cannabis Co. Acreage Holdings Achieves Positive Adjusted EBITDA For The 'First Time In History,' Reports 58% Spike In Q1 Revenue

Cannabis company Acreage Holdings, Inc. (CSE: ACRG) (OTC: ACRGF) saw consolidated revenue climb to $38.4 million in the first quarter of , marking a 58% spike compared to what the New York-based company reported for the same period of 2020.

Retail revenue grew sequentially by 3% and 47% year-over-year to $25.8 million.

In Acreage's earnings report published Saturday, CEO Peter Caldini credited the growth to the "consolidation of our operations in June 2020 and same-store growth of 16%."

After months of negotiations, the …

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