Mr. Philip Himmelstein reports

ACREAGE CELEBRATES LAUNCH OF ADULT-USE SALES AT VERNON, CONNECTICUT DISPENSARY

Acreage Holdings Inc. has commenced adult-use sales at its Vernon, Conn., dispensary. The Botanist Vernon is now operating as a hybrid dispensary, providing its full suite of products to both medical patients and adult-use customers.

"We are thrilled to open our doors to adult-use consumers at the first cannabis storefront in Vernon," said Ben Tinsley, Acreage's vice-president of New England operations. "Since opening earlier this year to medical patients, our Vernon dispensary has performed well, with positive feedback on the selection and quality of products, as well as the overall customer service experience. With expanded services now in Vernon, our Connecticut retail footprint is completely hybrid, and we look forward to continuing to connect with new customers across the state."

Located at 234 Talcottville Rd., Vernon, Conn., The Botanist Vernon is open from 9 a.m. to 8 p.m. Eastern Time, Monday to Sunday. The dispensary has a wide range of products both in store and on-line, including flower, prerolls, vapes, edibles and accessories. For a seamless experience, patients will have the option to either shop in store or preorder products on-line for pickup directly at the dispensary.

About Acreage Holdings Inc.

Acreage is a multistate operator of cannabis cultivation and retailing facilities in the United States, including the company's national retail store brand, The Botanist. With its principal address in New York, Acreage's wide range of national and regionally available cannabis products include the award-winning brands The Botanist and Superflux. Since its founding in 2011, Acreage has focused on building and scaling operations to create a seamless, consumer-focused, branded experience.

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