Ascend Wellness Holdings Overview
- Year Founded
-
2018
- Status
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Public
- Employees
-
1,500
- Stock Symbol
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AAWH.U
- Investments
-
12
- Share Price
-
$1.31
- (As of Friday Closing)
Ascend Wellness Holdings General Information
Description
Ascend Wellness Holdings Inc is a vertically integrated multi-state operator focused on adult-use or near-term adult-use cannabis states in limited licenses markets. The company's core business is the cultivation, manufacturing, and distribution of cannabis consumer packaged goods, which it sells through company-owned retail stores and third-party licensed cannabis retail stores. It generates maximum revenue from the retail product segment.
Contact Information
Website
www.awholdings.comCorporate Office
- 1411 Broadway
- 16th Floor
- New York, NY 10018
- United States
Ascend Wellness Holdings Timeline
Ascend Wellness Holdings Stock Performance
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $1.31 | $1.37 | $0.47 - $1.84 | $279M | 213M | 141K | -$0.23 |
Ascend Wellness Holdings Financials Summary
|
In Thousands, USD |
TTM 31-Mar-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| EV | 767,821 | 709,546 | 668,188 | 1,392,175 |
| Revenue | 546,824 | 518,590 | 405,926 | 332,381 |
| EBITDA | 79,251 | 82,260 | 29,292 | (7) |
| Net Income | (47,905) | (48,214) | (80,899) | (122,657) |
| Total Assets | 921,857 | 919,550 | 872,160 | 723,436 |
| Total Debt | 577,383 | 573,460 | 563,075 | 458,746 |
Ascend Wellness Holdings Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Ascend Wellness Holdings Comparisons
Industry
Financing
Details
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Ascend Wellness Holdings Competitors (6)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Cresco Labs | Formerly VC-backed | Vancouver, Canada | 0000 | 00000 | 000000000 | 00000 |
| Green Thumb Industries | Corporation | Chicago, IL | 0000 | 00000 | 000000000 | 00000 |
| TerrAscend | Formerly VC-backed | Mississauga, Canada | 00 | 00000 | 000000000 | 00000 |
| The Cannabist Company Holdings | Formerly VC-backed | Chelmsford, MA | 0000 | 00000 | 000000000 | 00000 |
| MedMen Enterprises | Formerly VC-backed | Culver City, CA | 0000 | 00000 | 0000000000. |
Ascend Wellness Holdings Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Ascend Wellness Holdings Executive Team (23)
| Name | Title | Board Seat | Contact Info |
|---|---|---|---|
| John Hartmann | Chief Executive Officer & Board Member | ||
| Mark Cassebaum | Chief Financial Officer | ||
| Chris Holzer | Chief of Operations | ||
| Denise Pedulla | Chief Legal Officer and Corporate Secretary | ||
| Brian Miesieski | Chief Marketing Officer & Head of Marketing & Commercialization |
Ascend Wellness Holdings Board Members (6)
| Name | Representing | Role | Since |
|---|---|---|---|
| Abner Kurtin | Ascend Wellness Holdings | Executive Chairman & Co-Founder | 000 0000 |
| Christopher Leavy | Ascend Wellness Holdings | Board Member | 000 0000 |
| Denise Pedulla | Ascend Wellness Holdings | Chief Legal Officer and Corporate Secretary | 000 0000 |
| John Hartmann | Ascend Wellness Holdings | Chief Executive Officer & Board Member | 000 0000 |
Ascend Wellness Holdings Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
Ascend Wellness Holdings Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Ascend Wellness Holdings Investments & Acquisitions (12)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Ascend Wellness (54,000-Square-Foot Facility in Massachusetts) | 22-Feb-2024 | 000000000 | Buildings and Property | 0000 0000 | |
| Devi Holdings (Four Maryland Dispensaries) | 28-Apr-2023 | 000000000 | 0000 | Buildings and Property | 00000 000 |
| Story of PA CR | 19-Apr-2022 | 0000000000 | 000.00 | Other Healthcare Services | 000000 00 |
| Ohio Cannabis Clinic | 22-Dec-2021 | 0000000000 | 000.00 | Specialty Retail | 00000 000 |
| Marichron Pharma | 15-Apr-2021 | Merger/Acquisition | Pharmaceuticals |
Ascend Wellness Holdings Subsidiaries (1)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Ohio Cannabis Clinic | Specialty Retail | Coshocton, OH | 0000 |
Ascend Wellness Holdings FAQs
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When was Ascend Wellness Holdings founded?
Ascend Wellness Holdings was founded in 2018.
-
Who is the founder of Ascend Wellness Holdings?
Frank Perullo and Abner Kurtin are the founders of Ascend Wellness Holdings.
-
Who is the CEO of Ascend Wellness Holdings?
John Hartmann is the CEO of Ascend Wellness Holdings.
-
Where is Ascend Wellness Holdings headquartered?
Ascend Wellness Holdings is headquartered in New York, NY.
-
What is the size of Ascend Wellness Holdings?
Ascend Wellness Holdings has 1,500 total employees.
-
What industry is Ascend Wellness Holdings in?
Ascend Wellness Holdings’s primary industry is Other Pharmaceuticals and Biotechnology.
-
Is Ascend Wellness Holdings a private or public company?
Ascend Wellness Holdings is a Public company.
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What is Ascend Wellness Holdings’s stock symbol?
The ticker symbol for Ascend Wellness Holdings is AAWH.U.
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What is the current stock price of Ascend Wellness Holdings?
As of 17-May-2024 the stock price of Ascend Wellness Holdings is $1.31.
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What is the current market cap of Ascend Wellness Holdings?
The current market capitalization of Ascend Wellness Holdings is $279M.
-
What is Ascend Wellness Holdings’s current revenue?
The trailing twelve month revenue for Ascend Wellness Holdings is $547M.
-
Who are Ascend Wellness Holdings’s competitors?
Cresco Labs, Green Thumb Industries, TerrAscend, The Cannabist Company Holdings, and MedMen Enterprises are some of the 6 competitors of Ascend Wellness Holdings.
-
What is Ascend Wellness Holdings’s annual earnings per share (EPS)?
Ascend Wellness Holdings’s EPS for 12 months was -$0.23.
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