Acreage Holdings Launches Acreage Oregon, Its First Cannabis Cultivation Facility in the Pacific Northwest

The opening of the new facility will also mark the introduction of Canopy Growth's Tweed Brand to the U.S.


MEDFORD, Ore., Dec. 17, 2019 (GLOBE NEWSWIRE) -- PRESS RELEASE -- Acreage Holdings, Inc., one of the largest vertically integrated, multi-state operators of cannabis licenses and assets in the U.S., has announced the grand opening of its first cannabis cultivation facility in the Pacific Northwest. Located in Medford, Ore., the new 30,000-square-foot indoor cultivation facility will grow cannabis to be used in a wide range of new products, including:

  • The Botanist, an Acreage-developed brand rooted in health and wellness;
  • Tweed, a Canopy Growth Corporation brand licensed to Acreage, focused on quality products and meaningful customer relationships. This launch will mark Tweed’s introduction in the U.S.; and
  • Other products expected to launch soon that are being developed specifically with the likes and tastes of the Oregon cannabis consumer in mind.

The state-of-the-art indoor facility will yield its first harvest this month. The Botanist and Tweed products are expected to be available soon thereafter in Acreage’s five Cannabliss-branded dispensaries as well as other dispensaries throughout the state.

“We are proud to open our new Oregon facility in an area renowned for producing some of the best cannabis in the world,” said Acreage Chairman and CEO Kevin Murphy. “We are particularly excited to introduce the Tweed brand to U.S. consumers for the first time. It’s a further indication that our arrangement with Canopy Growth is yielding opportunities to accelerate Acreage’s growth."

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