Ascend Wellness

About Ascend Wellness

Ascend Wellness Holdings (AWH) is a vertically integrated cannabis operator with a strong presence in the Northeast and Midwest United States. The company owns and operates state-of-the-art cultivation facilities and dispensaries, producing award-winning cannabis strains and a curated selection of products for both retail and wholesale customers. AWH's product portfolio includes in-house brands such as Simply Herb, Ozone, Ozone Reserve, Common Goods, Tunnel Vision, and Royale. Additionally, AWH partners with well-known brands like Miss Grass, Lowell Smokes, Flower by Edie Parker, 1906, and AiroPro to produce and distribute their products.

AWH operates primarily in limited license states that are either recreational or near recreational, ensuring a strategic advantage in these markets. The company secures premier retail locations through acquisitions, enhancing its market presence and customer reach.

AWH's business model focuses on vertical integration, which means they control every aspect of the supply chain from cultivation to retail. This approach allows AWH to maintain high-quality standards and maximize profitability. Revenue is generated through the sale of cannabis products in their dispensaries and through wholesale distribution to other retailers.

The company serves a diverse clientele, including recreational users and medical patients, by offering a wide range of cannabis products such as flower, edibles, and concentrates.