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Ascend Wellness Holdings Inc (OP: AAWH )

0.3701 -0.0249 (-6.30%)
Streaming Delayed Price Updated: 3:56 PM EST, Nov 25, 2024 Add to My Watchlist
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Ascend Wellness' 20.1% Wholesale Growth, Wider Net Loss In Q3
Ascend Wellness reported Q3 revenue amounted to $141.6 million, up 0.3% year-over-year and 0.1% quarter-over-quarter. Q3 net loss was $28.3 million, compared to a net loss of $11.2 million in the third... 
Via Benzinga
Federal Court Schedules Oral Arguments In Landmark Cannabis Prohibition Case
The First Circuit Court of Appeals has scheduled oral arguments for December in a landmark lawsuit aimed at ending federal marijuana prohibition 
Via Benzinga
Topics Cannabis Lawsuit
Exposures Cannabis Financial Legal
Revolutionizing Cannabis Edibles: Ascend's New THC-Cannabinoid Blends Now Available In This East Coast Market
Ascend Wellness announced on Thursday the launch of its new edibles-only brand, Effin'. Effin' products are formulated combinations of THC and minor cannabinoids like THCV, CBN, CBG, and CBD.Effin'... 
Via Benzinga
Topics Cannabis
Exposures Cannabis
Cannabis Debt Looms For These Weed Giants: Here's How Some Tackled Their Financial Challenges
That said, Green Market Report's Debra Borchardt took a closer look at how she called it "a tsunami of debt headed straight for the cannabis industry," or approximately $1.83 billion of the debt that's... 
Via Benzinga
Topics Cannabis
Exposures Cannabis
Earnings Season Looms Large: Here's When Leading Marijuana Lender And This Cannabis Company Will Report Results
AFC Gamma will report earnings for the quarter ended Sept. 30, 2024 on Wednesday, Nov. 13, 2024.The company will host a conference call to discuss its quarterly financial results at 10:00 am Eastern... 
Via Benzinga
Topics Cannabis
Exposures Cannabis
Massachusetts Slaps Big Cannabis With $165K Fines For Safety Failures
Massachusetts cannabis regulators have fined two prominent companies, Ascend Wellness Holdings and Curaleaf Holdings. 
Via Benzinga
Topics Cannabis
Exposures Cannabis
Teamsters Added 50,000 New Members In Less Than 3 Years, Partly Due To Cannabis Industry Growth
Teamsters add 50,000 members, with significant growth coming from cannabis industry organizing efforts. The union now represents workers across the cannabis supply chain. 
Via Benzinga
Topics Cannabis
Exposures Cannabis
Cannabis Sales Bloom In First North Carolina Weed Store, Marijuana Footprint In Florida Grows As Rec Legalization Looms, And More Store Openings
Customers flock to North Carolina's only legal store selling recreational marijuana. Five states receive new cannabis dispensaries. 
Via Benzinga
Topics Cannabis
Exposures Cannabis
Chart Of The Week: Improved Leverage And Valuation Metrics For Cannabis MSOs
What’s the right way to measure Cannabis company leverage? 
Via Benzinga
Topics Cannabis
Exposures Cannabis
Cannabis Sales In Michigan Soar To $295.4M For A Recording-Breaking August
Total cannabis sales in Michigan hit $295.4 million in August, up from a record-breaking July that saw $276 million in total marijuana sales. The sum includes over $294.1 million in recreational sales... 
Via Benzinga
Topics Cannabis
Exposures Cannabis
Leadership Shake-Ups In Cannabis And Psychedelics: Maryland's Cannabis Chief Resigns, Costly Legal Battle In MA Drags On & More
Maryland transitioned to an adult-use cannabis market a little over a year ago. Led by the state's Cannabis Administration Director, Will Tilburg, the transition resulted in the state's legal cannabis... 
Via Benzinga
Topics Cannabis
Exposures Cannabis
Ascend Wellness Holdings Fires Both CEO And CFO, Replaces Management
Ascend Wellness Holdings fires CEO and CFO, appoints new leadership to realign strategy amid financial challenges. 
Via Benzinga
Key Cannabis Leaders Gather For Networking At Benzinga's Fall 2024 Conference: The Last Big Event Before The Election
Join cannabis industry leaders at Benzinga's Fall Conference in Chicago. Keynotes, networking, and legalization insights. 
Via Benzinga
Topics Cannabis
Exposures Cannabis
Chart Of The Week: Cannabis Debt Volumes Are Increasing And Costs Are Declining
Debt issuance for the U.S. Cultivation & Retail sector in H2:24 is already ahead of any period since H2:22. With the additional financing expected for the remainder of the year, issuance should top all... 
Via Benzinga
Topics Cannabis
Exposures Cannabis
Here's Where To Buy Legal Weed: Cannabis Shops Popping Up Across Florida And Ohio As Canadian Retail Giant Celebrates Milestone
Via Benzinga
Topics Cannabis
Exposures Cannabis
Cannabis Chart Of The Week: Which Leverage Metric Should Investors Keep A Close Eye On?
The cannabis credit markets have come back to life with several major refinancings, including Ascend (OTC: AAWH), TerrAscend (OTC: TSNDF), and Jushi (OTC: JUSHF). 
Via Benzinga
Topics Cannabis
Exposures Cannabis
Ohio Cannabis Market Hits $11.5M In First Week Of Adult-Use Sales
Ohio's adult-use cannabis market generates $11.5 million in the first week, positioning the state for nearly $1.3 billion in annual sales. 
Via Benzinga
Topics Cannabis
Exposures Cannabis
Industry Proficiency: Big Cannabis Companies Are Getting Better At Costs, Here's How
U.S. cannabis companies show resilience in Q2 2024, improving efficiency despite economic challenges. MSOs are focused on cutting expenses... 
Via Benzinga
Topics Cannabis
Exposures Cannabis
Meet The Two Cannabis Companies That Plan To Boost Each Other's Reach In New Markets
Vertically integrated cannabis company Curio Wellness and Ascend Wellness Holdings (CSE: AAWH-U.CN) (OTCQX: AAWH) have teamed up to expand each other's nationwide reach. Under a strategic manufacturing... 
Via Benzinga
Topics Cannabis
Exposures Cannabis
Cannabis Boom Or Bust: State Trends Marijuana Investors Can't Afford To Ignore In 2Q24
Quarterly earnings will highlight efficient operators' growing market share and building sustainable platforms. Pablo Zuanic, senior analyst at Zuanic & Associates, provides an overview of the cannabis... 
Via Benzinga
Topics Cannabis
Exposures Cannabis
Cannabis Stocks Surge With Ohio's Recreational Sales Kickoff And Strong Earnings Reports
Ohio cannabis sales boost stocks as Cresco Labs and Ascend Wellness expand. Discover market impacts and future growth potential. 
Via Benzinga
Topics Cannabis
Exposures Cannabis
The King Of Ohio's Recreational Cannabis Market? Here's Why Investors Should Follow This Weed Stock
As Ohio begins recreational cannabis sales on August 6, Pablo Zuanic, senior analyst at Zuanic & Associates has initiated coverage of Vext Science (OTC: 
Via Benzinga
Topics Cannabis
Exposures Cannabis
Ascend Wellness: Q2 'Solid Growth' But Did Not Meet Expectations, Net Loss Reaches $22M, Revises Full Year Guidance
Via Benzinga
Out Of Pocket: Which U.S. Cannabis Company Owes The Most Money In 2024?
In a recent report, Pablo Zuanic, senior analyst at Zuanic & Associates, analyzes the debt maturities of over 20 multi-state operators (MSOs) in the cannabis industry. This comprehensive review follows... 
Via Benzinga
Topics Cannabis
Exposures Cannabis
'Opaque Political Processes,' DEA Rescheduling Deadline, And Now A New Presidential Candidate, It's No Wonder Cannabis Stocks Are Over The Place
Cannabis stocks faced a mixed week with Ascend Wellness rallying on debt refinancing news, while Jushi Holdings saw a decline. 
Via Benzinga
Topics Cannabis
Exposures Cannabis
Cannabis Is Flying Off The Shelves In These Five States, Earning Billions For Marijuana Companies
The number of states where recreational weed is legal is growing each year. Top-selling states like California and Michigan have reported $2.1 billion and $1.6 billion, respectively, in sales for the... 
Via Benzinga
Topics Cannabis
Exposures Cannabis
Ascend Wellness Cannabis Co. Closes $235M Private Placement Of Senior Secured Notes, Refinances Existing Term Loan
New York-headquartered cannabis company Ascend Wellness Holdings, Inc. (CSE: AAWH-U.CN) (OTCQX: AAWH) said on Thursday that it has closed its previously announced private placement of $235 million of... 
Via Benzinga
Topics Cannabis
Exposures Cannabis
Michigan's Cannabis Market Hits $837M Record: What's Driving The Boom In The Midwest?
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... 
Via Benzinga
Topics Cannabis
Exposures Cannabis
Ascend Wellness To Issue $235M Of Senior Secured Notes To Prepay $215M Under Term Loan
Via Benzinga
End Of IRS' 280E On The Horizon? What Cannabis Rescheduling Means For Business Tax Deductions
Explore how the potential repeal of 280E could transform tax deductions for cannabis companies, boosting profitability and growth. 
Via Benzinga
Topics Cannabis
Exposures Cannabis
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