Ascend Wellness Holdings

Legal cannabis sales in Michigan achieved a record high of $837 million in Q2 2024, marking a 6% increase from $793 million in Q1 2024 and an 11% rise from $753 million in Q2 2023, according to a report by Beacon Securities. June's total sales were $279 million, slightly down by less than 1%...

During the recent Benzinga Cannabis Capital Conference, Rebecca Koar, executive vice president of investor relations & strategy at Ascend Wellness Holdings, highlighted significant developments in the company's operations, particularly in Massachusetts. Enhancing Supply Capabilities Koar noted...

John Hartmann, CEO of Ascend Wellness Holdings Inc (OTC:AAWH), is gearing up to share his industry expertise at the Benzinga Cannabis Capital Conference on April 16 and 17. He will delve into optimizing retail experiences to align with cannabis consumers’ dynamic expectations,...

John Hartmann, CEO of Ascend Wellness Holdings, was interviewed at Benzinga’s Cannabis Capital Conference. AWH is a vertically integrated multistate cannabis operator with 31 dispensaries and six grow facilities across six states: Michigan, Ohio, Illinois, Pennsylvania, Massachusetts and New...

"Capital has really dried up across the debt sale-leaseback equity market side of things," said Ascend Wellness Holdings, Inc. (OTC: AAWH) CFO Dan Neville, during his recent appearance at the Benzinga Cannabis Capital Conference in Miami. With capital availability...

Ascend Wellness Holdings, Inc. (OTC: AAWH), a vertically integrated, multi-state cannabis operator, reported record-breaking quarterly revenue of $114.2 million for Q1 2023, a 34.2% YoY increase, and a 1.9% QoQ increase. Gross revenue hit $141.2 million, up 39.5% YoY. Positive cash flow was...

Some of America's largest multi-state operators (MSOs) experienced growth in employee headcounts in 2022, despite reports of layoffs across the cannabis industry. Companies such as Ascend Wellness Holdings (OTCQX: AAWH), TerrAscend Corp. (OTCQX: TRSSF), Ayr Wellness (OTCQX: AYRWF), and...

Cantor Fitzgerald’s Pablo Zuanic initiated research coverage of Verano Holdings Corp. (OTCQX: VRNOF), Ascend Wellness Holdings, Inc. (OTCQX: AAWH), and Planet 13 Holdings Inc. (CSE: PLTH) (OTCQX: PLNHF). The Thesis The analyst initiated research coverage on Ascend Wellness Holdings, Inc. with...

Once Missouri rolled out recreational cannabis sales "all 200 medical dispensaries have converted or will soon convert to recreational," said Cantor Fitzgerald's Pablo Zuanic. Zuanic contends the state could reach $1.6 billion in sales in 2-3 years.  The...

Even top multi-state operators (MSOs) are feeling the impact of the demand  and supply capital imbalance faced by the cannabis industry, says Cantor Fitzgerald's Pablo Zuanic who noted that refinancings are being undertaken at higher than normal costs. "As we continue...

Most U.S. cannabis multistate operators reported modest to significant year-over-year revenue gains. Among the companies with the highest revenue in the third quarter were Curaleaf Holdings (OTC: CURLF) with $339 million followed by Trulieve Cannabis (OTC: TCNNF) with $300 million. In a...

California's marijuana industry owes the state a quarter-billion dollars in unpaid taxes. According to Green Market Report, the cannabis sector "as a whole was carrying $250,410,890 in unpaid sales and cannabis taxes, out of a $4.4 billion total in taxes due.” The report cited data...

Ascend Wellness Holdings, Inc. (AWH) (CSE: AAWH.U) (OTCQX: AAWH), focused on bettering lives through cannabis recently announced that Miss Grass products are now available at its three New Jersey locations in Rochelle Park, Montclair and Fort Lee. According to a press release,...

Ascend Wellness Holdings, Inc. (CSE: AAWH.U) (OTCQX: AAWH), a multi-state, vertically integrated cannabis operator focused on bettering lives through cannabis, announced the opening of its Scranton, Pennsylvania dispensary for medical patients only. Ascend Scranton is located at 605 Davis Street....

Medical cannabis operators in New York are worried about having to pay an exorbitant fee in order to go recreational. According to the New York Times, in order to sell marijuana outside of a medical program, multi-state operators (MSOs) must pay a fee of $20 million. Winning bidders of the state...