Acreage Holdings, Inc. (CSE:ACRG, ACRG.B.U)) (OTCQX:ACRHF, ACRDF)) announced on Wednesday it is seeking to secure $10 million in funding. What Happened The New York-based company said in a press release that it has entered into subscription agreements with certain institutional investors to issue units by way of a brokered private placement for $833.33 per unit. Each unit will consist of the following: 1,000 principal amount of non-recourse unsecured convertible ‎notes, reflecting a 16.67% original issue discount‎, convertible into that number of Class E subordinate voting shares of the company at the conversion price; ‎and Fixed share purchase warrants, with each warrant exercisable to acquire one fixed share at the exercise price at any time ‎on or before the date which is 60 months after the closing date of the offering. The news comes on the heels of Canopy Growth Corporation's (TSX:WEED) (NASDAQ: