Acreage Holdings, Inc. (CSE: ACRG.A.U) (ACRG.B.U) (OTCQX: ACRDF) reported its financial results Tuesday for the third quarter ended Sept. 30, 2023, revealing consolidated revenue of $56.5 million, an 8% year-over-year and 2.8% quarter-over-quarter decrease.

The New York-based cannabis company also reported its eleventh consecutive quarter of positive adjusted EBITDA of $6.6 million, compared to an $8.8 million adjusted EBITDA gain in the same quarter of 2022.

Q3 2023 Financial Highlights

Key Q3 And Recent Operational Highlights

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