Acreage Holdings, Inc. (OTC:ACRHF), a multi-state operator of cannabis cultivation and retailing facilities, announced its Q2 2024 earnings on Wednesday, revealing a mixed financial landscape marked by strategic expansions yet shadowed by a significant net loss and a revenue dip, down 33% year-over-year. Q2 2024 Financial Highlights Consolidated revenue of $39 million, compared to the $58 million in Q2 2023. Net loss was $24.1 million, increasing from the $18.2 million of the same quarter last year. Adjusted EBITDA was a gain of $1.9 million, down from the $6.8 million reported in the second quarter of 2023. Gross profit was $16.9 million, a slight decrease compared to the $21.1 million in Q2 2023. Revenue Decline Linked To Liquidity Constraints The company attributed the revenue decline primarily to liquidity constraints that affected inventory levels and sales. Despite these challenges, Acreage highlighted strategic growth initiatives and a ...