Ascend Wellness Holdings (CSE: AAWH.U / OTCQX:AAWH)
Ascend Wellness Holdings (AWH) is a leading multistate cannabis operator with licenses and assets in Illinois, Michigan, Ohio, Massachusetts, New Jersey, Pennsylvania, and Maryland. Founded in 2018, AWH operates 31 dispensaries and six state-of-the-art cultivation facilities, producing award-winning strains and a curated selection of cannabis products for both retail and wholesale customers. The company's in-house brands include Simply Herb, Ozone, Ozone Reserve, Common Goods, Tunnel Vision, and Royale, as well as products for brand partners such as Miss Grass, Lowell Smokes, Flower by Edie Parker, 1906, and AiroPro.
AWH's recent Post-IPO Equity investment of $7.00M on 16 June 2023 underscores the confidence investors have in the company's strategic positioning and growth potential within the cannabis industry. AWH's establishment as a vertically integrated operator and its strong presence across multiple key states are indicative of promising prospects for future expansion and market dominance.
The company's focus on leveraging its diverse portfolio of brands and production capabilities, combined with its extensive retail footprint, reflects a robust and well-rounded approach to capturing the evolving cannabis market. As AWH continues to solidify its position in the rapidly growing cannabis sector, its consistent growth trajectory and commitment to quality make it an intriguing prospect for potential investors seeking opportunities in the cannabis industry.
For more information on AWH, visit www.awholdings.com.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Post-IPO Debt | $235.00M | - | 15 Jul 2024 | |
Post-IPO Equity | $7.00M | - | 16 Jun 2023 | |
Post-IPO Debt | $28.50M | - | 30 Jun 2022 | |
Post-IPO Debt | $36.50M | - | 18 May 2022 | |
Post-IPO Equity | $42.80M | - | 26 Apr 2022 |
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