Ascend Wellness

Ascend Wellness Holdings (OTC:AAWH) announced it has terminated both its chief executive officer and chief financial officer. Effective immediately, the company has terminated John Hartmann as CEO and Mark Cassebaum as CFO and appointed Samuel Brill, a board member as the new CEO. Brill has been...

XS Financial Inc. (CSE: XSF) (OTCQB: XSHLF) released earnings for the fourth quarter and fiscal year ended December 31, 2022. The specialty finance company, which is dedicated to U.S.-based cannabis companies, had "a transformational year," according to CEO David Kivitz. "We had...

Oregon Congressman Earl Blumenauer is taking another shot at passing the Small Business Tax Equity Act, a bill that aims to amend an IRS code to allow state-legal cannabis businesses to take federal tax deductions. Blumenauer, a House member who founded the Congressional Cannabis Caucus,...

A former employee of Ascend Wellness Holdings, Inc. (OTCQX: AAWH) is suing the multi-state cannabis operator, arguing she was harassed and discriminated against by management because of her race and then unfairly fired. What happened: The former Ascend employee states in the lawsuit...

Ascend Wellness (OTC: AAWH) reported its financial results for the three months ending September 30, 2022   Q3 2022 Financial Highlights Gross revenue increased 14.1% quarter-over-quarter and increased 27.8% year-over-year to $134.3 million. Net revenue increased...

In a recent analyst note, Jonathan DeCourcey from Viridian Capital Advisors provided an update on cannabis companies Planet 13, Ascend Wellness and TILT Holdings. DeCourcey covered the companies’ earnings and business strategies and offered a market outlook analysis for Nevada,...

Ascend Wellness Holdings, Inc. (CSE: AAWH.U) (OTCQX: AAWH), a vertically integrated multi-state cannabis operator, on Wednesday, reported its financial results for the three months ended March 31, 2022. Q1 2022 Financial Highlights Gross revenue of $101.2 million decreased 0.8% quarter-over-...

Plans to open a recreational cannabis shop and medical dispensary at the former Sawyers Pontiac dealership in East Lansing received city planners' support this week, reported the Lansing State Journal. At a recent meeting, the city’s planning commission waived its...

Just in case you thought it was safe to stop thinking about the conflict between MedMen (CSE: MMEN) (OTCQX: MMNFF) and Ascend Wellness Holdings (OTCQX: AAWH), a new twist pulls you right back in.  The often vitriolic court battle between two cannabis companies over a licensing...

In the latest move in the legal battle between the two cannabis companies, Ascend Wellness (CSE:AAWH) (OTCQX:AAWH) filed an amended complaint against MedMen (CSE: MMEN) (OTCQX: MMNFF) for backing out of their acquisition contract and a motion to dismiss MedMen’s...