Cantor Fitzgerald: Acreage Holdings' Positive Results Are Not Enough To Outweigh Mixed Feelings On Upcoming Merger With Canopy Growth

multi-state operator Acreage Holdings, Inc. (CSE: ACRG) (OTC: ACRGF) released its second-quarter financial results on Monday, which were followed Tuesday by a report by Cantor Fitzgerald.

The company stated consolidated revenue of $44.2 million, up by 63% from the same period in 2020 and 15% from the previous quarter.

However, these results were not enough to convince Cantor analyst Pablo Zuanic of a guaranteed bright future for the company. The firm maintained a price target of $2.24 on the floating share class (ACRDF), …

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