FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      
1. Name and Address of Reporting Person * Leibowitz Glen S 2. Issuer Name and Ticker or Trading Symbol Acreage Holdings, Inc. [ ACRG.A.U ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Chief Financial Officer
(Last)         (First)         (Middle)
450 LEXINGTON AVENUE, #3308
3. Date of Earliest Transaction (MM/DD/YYYY)
3/17/2021
(Street)
NEW YORK, NY 10163
(City)       (State)       (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)
 
6. Individual or Joint/Group Filing (Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock - Class D Subordinate Voting Shares  3/17/2021    S(1)    14403  D $3.11  352765  D   
Common Stock - Class E Subordinate Voting Shares  3/17/2021    S(1)    33553  D $6.22  823226  D   
Common Stock - Class D Subordinate Voting Shares                 330  I  By IRA 
Common Stock - Class E Subordinate Voting Shares                 770  I  By IRA 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy)  $2.05                   (2) 12/31/2025  Common Stock - Class D Subordinate Voting Shares  469513    469513  D   
Common Units of High Street Capital Partners, LLC   (3)                  (3)  (3) See Footnote (3) 216064    216064  D   

Explanation of Responses:
(1)  Shares sold to pay taxes applicable to vesting of restricted stock units.
(2)  Options are immediately exercisable.
(3)  These Units are convertible into 0.7 of a Class E subordinate voting share and 0.3 of a Class D subordinate voting share or the cash equivalent thereof at the option of Acreage Holdings, Inc. as set forth in the High Street Capital Partners, LLC Third Amended and Restated Operating Agreement.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Leibowitz Glen S
450 LEXINGTON AVENUE, #3308
NEW YORK, NY 10163


Chief Financial Officer

Signatures
/s/ Jessica S. Lochmann, Attorney-in-Fact for Glen S. Leibowitz 3/19/2021
**Signature of Reporting Person Date
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