Abner Kurtin

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...

Vertically integrated cannabis operator Ascend Wellness Holdings, Inc. (CSE: AAWH.U) (OTCQX: AAWH) announced on Wednesday its preliminary third quarter 2023 financial results and updates to its leadership team. Following a preliminary, unaudited review, the company is expecting the following:...

Ascend Wellness Holdings, Inc. (OTCQX: AAWH) (CSE: AAWH.U) released its financial results for the three months ending June 30, 2023, revealing net revenue, which excludes intercompany sales of wholesale products, increased 26.1% year-over-year and 7.7% quarter-over-quarter to $123.0 million. Q2...

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...

Ascend Wellness Holdings, Inc. (OTCQX: AAWH) (CSE:AAWH.U) net revenue in 2022, which excludes intercompany sale of wholesale products, increased 22.1% year-over-year to $405.9 million, driven by an increase in retail sales, particularly in New Jersey, and an increase in third party wholesale sales...

Ascend Wellness Holdings, Inc. (OTCQX: AAWH) (CSE:AAWH.U) entered into a definitive agreement to acquire the Maryland assets of Devi Holdings, Inc., which owns and operates four licensed dispensaries in Aberdeen, Crofton, Ellicott City, and Laurel under the names Nature's Medicines and True...

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...

Ascend Wellness Holdings, Inc. (OTCQX: AAWH) (CSE:AAWH.U) and MedMen NY, Inc., and MM Enterprises USA, LLC (OTCQX: MMNFF) recently signed a term sheet agreeing to settle their lawsuit in the Commercial Division of the Supreme Court of the State of New York in New York County. AWH was suing MedMen...

Ascend Wellness Holdings, Inc. (OTCQX: AAWH) (CSE: AAWH.U) released its financial results for the three months ended June 30, 2022, revealing gross revenue increased 16.2% quarter-over-quarter and increased 20.7% year-over-year, to $117.7 million. Q2 2022 Financial Highlights Net revenue, which...

Ascend Wellness Holdings, Inc. (OTCQX: AAWH) (CSE:AAWH.U), a multi-state, vertically integrated cannabis operator, revealed that directors, Emily Paxhia, Scott Swid and Joseph Hinrichs, each made individual purchases of class A common shares in the open market totaling 60,352 shares between July...

On July 1st AGP Partners, LLC, purchased 50,000 of class A common shares of Ascend Wellness Holdings, Inc (OTCQX: AAWH) (CSE:AAWH.U) in the open market for $2.05 per share followed by the purchase of 1,100 class A common shares for $1.90 per share on July 4th. AGP is an entity through which Abner...

The Federal Government could be sued by a coalition of multi-state operators (MSOs) in the cannabis industry, reported Marijuana Moment last Friday. The coalition says it will sue the Feds because they believe that its marijuana policies are unconstitutional. Abner Kurtin, founder...

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-...

Ascend Wellness Holdings, Inc. (CSE:AAWH.U) (OTCQX: AAWH) has signed a term sheet to resolve its lawsuit against MedMen NY, Inc. and MM Enterprises USA, LLC (CSE:MMEN) (OTCQX: MMNFF) in the Commercial Division of the Supreme Court of the State of New York in New York County. Pursuant to the term...

New Jersey legal recreational cannabis sales finally started.  Now, the question is: Who will celebrate more? Consumers or marijuana operators?  It looks like it’s a tie, considering that it has been some 17 months and multiple setbacks since New Jerseyans decided to...