Introducing Acreage Holdings, the Quietly Growing
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CEO Kevin Murphy discusses company’s coast-to-coast expansion and its appointment of the former House Speaker to its advisory board.
John Boehner and former Massachusetts Gov. Bill Weld were joining its board of advisors.
In 2011, Murphy invested in four of the eight medical license-holders in Maine, becoming a part of their operations.
Today, the multi-state cannabis corporation has expanded from coast-to-coast with stops throughout the Midwest, holding licenses in Maine, New Hampshire, Massachusetts, Connecticut, New York, Florida, Maryland, Pennsylvania, Illinois, Oregon and California.
“We wanted to assure ourselves backing in each state, and we didn’t necessarily want to be the big, bold brand, so we tended to operate in the various states under different names,” he says. “In one state, we’re Prime Wellness of New Hampshire. In Illinois, we’re Nature’s Care. The west coast … had different names, and we also wanted to have a local feel.”
States like Maine, New Hampshire and Massachusetts have vertically integrated markets, allowing companies like Acreage Holdings to grow, process and dispense cannabis.
“That’s the format that we’re most comfortable with, given we’d like to control the entire process from seed to dispensary,” Murphy says.
http://www.cannabisbusinesstimes.com/article/...n-boehner/
LEOMINSTER -- Prime Wellness Centers, which was issued the city's first permit to open a medical-marijuana dispensary last year, will be holding a community outreach hearing Saturday to talk about the possibility of its facility also selling recreational marijuana.
"It's definitely us trying to keep our options open," said James Xarras, the landlord and developer of the 1775 Lock Drive dispensary.
http://www.sentinelandenterprise.com/pot/ci_3...z5EUnkVoV0
Prime Harvest, LLC Sponsors Community Alliance Program's Cannabis 4 the Cause Educational Symposium, "Cannabis Therapy for Opioid Addiction"
http://markets.businessinsider.com/news/stock...1023265306
......just making a little smoke....it does seem to be on the rise