Acreage Holdings Announces Retirement of Chief Operating Officer

Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.A.U, ACRG.B.U), (OTC: ACRHF, ACRDF), a multi-state operator of cannabis ‎cultivation and retailing facilities in the U.S., today announced that Chief Operating Officer (“COO”), Robert J. Daino, will retire on March 31, 2022. The Company has launched a national search for Mr. Daino’s replacement, and he will continue in his position until his retirement date to help ensure an orderly and efficient transition of responsibilities to his successor.

“Bob’s relentless pursuit and unwavering expectations for operational excellence have been instrumental in pursuing Acreage’s strategic objectives of driving profitability, strengthening the balance sheet, and accelerating growth in its core markets,” said Peter Caldini, Chief Executive Officer of Acreage. “His steadfast commitment and strong leadership have helped build a solid foundation for the continued long-term growth of our company. I would like to thank him on behalf of the entire team for his contributions, we will miss his impactful presence and wish him nothing but happiness and success in the future.”

Robert J. Daino, Chief Operating Officer of Acreage, added, “I am truly humbled and incredibly proud to have helped lead Acreage from its non-public days of a holding company to a publicly-traded multi-state operator. The opportunity to work with so many passionate and highly talented people who are joined together by a set of exceptional values has been rewarding for me each and every day. However, the ultimate reward is knowing that we have made a difference in the lives of so many. I leave this great organization knowing that the team will continue to gain momentum, operate with excellence, and exceed the expectations of those they serve.”

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