 Cannabis stocks and CEO interviews brought to you by rich TV live How you doing? This is rich from rich TV live and we have some big news here acreage holdings to acquire a michigan real estate portfolio ahead of cannabis licensing I told you guys acreage was a beast. Okay. The symbol is acrg.u in canada acrzf in america And i'm telling you this is a company that is looking to take over america acreage holdings acquires blue tire holdings to bring safe predictable cannabis products to michigan acreage holdings ink acrg.u in canada acrzf in america announced that has entered into an agreement to acquire the real estate assets of michigan based blue tire holdings llc to bring cannabis products to michigan residents throughout the state Leading development efforts in the state will bring a team of acreage holdings and blue tire experts including blue tires chief medical officer Dr. Saqib nakadar who was recently appointed to the michigan medical marijuana advisory panel Dr. Nakadar brings unparalleled medical cannabis experience and regulatory access to the venture for the state of michigan Blue tire spent the past several years acquiring a portfolio of real estate assets Which now through the expertise and financial resources of acreage are optimally suited to build a large scale vertically operation in michigan one of the highest per capita cannabis use markets in the united states wow This is huge news blue tire and acreage will work together to acquire licenses to operate in the cannabis business in michigan With respect to such properties acreage will invest significant financial capital in michigan to build out Existing operations and hopes to acquire additional dispensary operations over the next few years The venture is already well positioned to start dispensary operations With municipal licenses in key cities throughout the state including detroit Bay city battle creek lansing and an arbor real estate assets have been secured in strategic locations including a 55 000 square foot facility in flint That will serve as a large-scale mixed use indoor facility to cultivate high-end cannabis Provide manufacturing and packaging services and serve as a flagship retail location acreage will also leverage an additional 30 acre property and Vassar with a licensed greenhouse cultivation and processing facility Akerage also brings to michigan a deep team of experts from leading companies in retail spirits another highly regulated industries acreages board of directors has unparalleled levels of political access and corporate governance with members including former speaker of the house of representatives john boner former prime Prime minister of canada brian malruini former governor of massachusetts bill weld former telecom formerly Time Warner telecom chairman and chief executive officer lorissa herder herda former ibm chief financial officer douglas main and chair blue cross and blue shield of massachusetts ink bill van Fasten about acreage holdings headquartered in new york city Love that right in the heart of america acreage holdings is the largest vertically integrated multi-state owner of cannabis licenses and assets In the united states with respect to number of states with operating licenses acreage has operating licenses in 18 states with an aggregate population of more than 165 million americans and an estimated 2022 total addressable market of 12 billion in legal cannibals cannabis sales According to art view market research acreage is dedicated to building and scaling operations to create a seamless consumer focused branded cannabis experience And how have they done on this news? Bam i'm up eight percent ac r zf in america and they are all Up in canada as well. So this news has been very very good on acreage Holdings, what do you think about this now? Remember rich tv live is strictly for education entertainment purposes Always do your due diligence always do your research before you invest in anything that we talk about here on rich tv live If you like to get featured contact us we can feature you Want to get into the cbd game let us know we can get you into the cbd game All the breaking news all the breaking stocks all the breaking cryptocurrency information you want to contact us Join our secret stock picks group. It's absolutely free Follow us everywhere. If you like this video, smash the like button What do you think this news is going to do for acreage holdings? I think this is going to be a huge player one of the biggest and the baddest companies in the cannabis sector in america And in the whole world What do you think if you like this video? Share it everywhere and if you haven't subscribed and hit that bell for Notifications so every single time we have some breaking news You can hear it first. It's true. Holler at your boy rich tv live at gmail.com If you want to be a part of the fastest growing investment community for free Holler at your boy I'm out bringing you the biggest baddest news of the day acreage holdings a big winner and I brought it to you first I'm out. Peace