Ascend Wellness Holdings Closes $50 Million Private Placement of Senior Secured Notes
NEW YORK, May 28, 2025 /PRNewswire/ – Ascend Wellness Holdings, Inc. (“AWH”, “Ascend” or the “Company”) (CSE: AAWH-U.CN) (OTCQX: AAWH), a multi-state, vertically integrated cannabis operator, is pleased to announce it has closed a private placement of $50 million of its 12.75% Senior Secured Notes due 2029 (the “Notes”). The Notes form part of the same series of the $250 million aggregate principal amount of the Company’s 12.75% senior secured notes due 2029, of which $235 million aggregate principal amount was issued on July 16, 2024 and $15 million aggregate principal amount was issued on January 13, 2025. The Notes were issued at a price of 97.5% of face value pursuant to and governed by a trust indenture entered into as of July 16, 2024, as amended and supplemented by a first supplemental indenture dated as of January 13, 2025. The Company intends to use the net proceeds of the Notes, together with cash on hand, to prepay the total principal amounts outstanding under its existing term loan, along with accrued interest and other transaction-related expenses.
AWH ANNOUNCES FIRST QUARTER 2025 FINANCIAL RESULTS
NEW YORK, May 12, 2025 /PRNewswire/ – Ascend Wellness Holdings, Inc. (“AWH” or the “Company”) (CSE: AAWH.U) (OTCQX: AAWH), a vertically integrated multi-state cannabis operator focused on bettering lives through cannabis, today reported its financial results for the quarter ended March 31, 2025 (“Q1 2025”). Financial results are reported in accordance with U.S. generally accepted accounting principles (“GAAP”) and all currency is in U.S. dollars.
AWH to Hold First Quarter 2025 Earnings Conference Call on Monday, May 12, 2025
NEW YORK, April 28, 2025 /PRNewswire/ – Ascend Wellness Holdings, Inc. (“AWH”, “Ascend” or the “Company”) (CSE: AAWH-U.CN) (OTCQX: AAWH), a multi-state, vertically integrated cannabis operator, today announced that it will hold a conference call on Monday, May 12, 2025, at 5:00 PM ET following the release of its first quarter 2025 financial results.
The earnings conference call may be accessed by dialing 1-888-699-1199. A live webcast will also be available on the Investor Relations section of the AWH website at https://awholdings.com/investors and will be archived for replay.
Ascend Wellness Holdings Launches High Wired – A New Line of Infused Flower and Pre-Rolls
MORRISTOWN, N.J., April 21, 2025 /PRNewswire/ – Ascend Wellness Holdings (AWH), (“AWH” or the “Company”) (CSE: AAWH.U) (OTCQX: AAWH), a leading multi-state, vertically integrated cannabis operator, is excited to announce the launch of High Wired, a new line of infused flower and pre-roll products designed specifically for seasoned cannabis consumers. High Wired is now available in Illinois, with expansion in additional markets to come.
AWH ANNOUNCES FOURTH QUARTER AND FULL YEAR 2024 FINANCIAL RESULTS
NEW YORK, March 12, 2025 /PRNewswire/ – Ascend Wellness Holdings, Inc. (“AWH” or the “Company”) (CSE: AAWH.U) (OTCQX: AAWH), a vertically integrated multi-state cannabis operator focused on bettering lives through cannabis, today reported its financial results for the fourth quarter and full year ended December 31, 2024. Financial results are reported in accordance with U.S. generally accepted accounting principles (“GAAP”) and all currency is in U.S. dollars.
Ascend Wellness Announces Grand Reopening of Detroit Dispensary, Its 38th Retail Location in the Nation, on February 28th
MORRISTOWN, N.J., Feb. 26, 2025 /PRNewswire/ – Ascend Wellness Holdings, Inc. (“AWH,” “Ascend” or the “Company”) (CSE: AAWH-U.CN) (OTCQX: AAWH), a multi-state, vertically integrated cannabis operator, has announced the grand reopening of its Detroit dispensary today, which will now serve recreational adult-use consumers. This marks Ascend’s 38th dispensary within its seven-state footprint, and the Company’s eighth dispensary in Michigan with additional locations in Ann Arbor, Battle Creek, Grand Rapids, East Lansing, and Morenci.
AWH to Hold Fourth Quarter 2024 Earnings Conference Call on Wednesday March 12, 2025
NEW YORK, Feb. 18, 2025 /PRNewswire/ – Ascend Wellness Holdings, Inc. (“AWH”, “Ascend” or the “Company”) (CSE: AAWH-U.CN) (OTCQX: AAWH), a multi-state, vertically integrated cannabis operator, today announced that it will hold a conference call on Wednesday, March 12, 2025, at 5:00 PM ET following the release of its fourth quarter 2024 financial results.
The earnings conference call may be accessed by dialing 1-888-699-1199. A live webcast will also be available on the Investor Relations section of the AWH website at https://awholdings.com/investors and will be archived for replay.
Ascend Wellness Holdings Closes $15 Million Private Placement of Senior Secured Notes
NEW YORK, Jan. 14, 2025 /PRNewswire/ – Ascend Wellness Holdings, Inc. (“AWH”, “Ascend” or the “Company”) (CSE: AAWH-U.CN) (OTCQX: AAWH), a multi-state, vertically integrated cannabis operator, is pleased to announce it has closed its previously announced private placement of $15 million of its 12.75% Senior Secured Notes due 2029 (the “Notes”). The Notes form part of the same series of the $235 million aggregate principal amount of the Company’s 12.75% senior secured notes due 2029 issued on July 16, 2024. The Notes were issued at a price of 97.00% of face value (the “Offering”). The Notes were issued pursuant to and governed by a trust indenture entered into as of July 16, 2024, as amended and supplemented by a first supplemental indenture dated as of January 13, 2025. The Company intends to use the net proceeds of the Notes for general corporate purposes, including to fund growth initiatives.
Ascend Wellness Holdings Enters into Agency Agreement to Issue $15 Million of Senior Secured Notes
NEW YORK, Jan. 10, 2025 /PRNewswire/ – Ascend Wellness Holdings, Inc. (“AWH”, “Ascend” or the “Company”) (CSE: AAWH-U.CN) (OTCQX: AAWH), a multi-state, vertically integrated cannabis operator, is pleased to announce it has entered into an agency agreement with Seaport Global Securities LLC (the “Agent”) on January 10, 2025, in connection with a proposed private placement of $15 million of its 12.75% Senior Secured Notes due 2029 (the “Notes”). The Notes will form part of the same series of the $235 million aggregate principal amount of the Company’s 12.75% senior secured notes due 2029 issued on July 16, 2024. The Notes are expected to be issued at a price of 97.00% of face value (the “Offering”). The Notes will be issued pursuant to and governed by a trust indenture entered into as of July 16, 2024 (the “Indenture”), as amended and supplemented by a first supplemental indenture to be dated as of the closing date of the Offering (the “Supplemental Indenture”). The Company intends to use the net proceeds of the Notes for general corporate purposes, including to fund growth initiatives. The Offering is expected to close on or about January 13, 2025, subject to customary closing conditions.