Business
AWH Closes $9.3 Million Mortgage Financing on Three Ohio Properties
Ascend Wellness Holdings, Inc. ("AWH" or the "Company") (CSE: AAWH.U) (OTCQX: AAWH), a leading multi-state, vertically integrated cannabis operator, entered into and closed, effective September 12, 2025, a $9,345,000 secured financing transaction with CF Bank, pursuant to which AWH mortgaged real estate on three properties in Ohio (the "Ohio Mortgage Loan"). The Ohio Mortgage Loan bears interest at a competitive 8.5% per annum and matures in September 2030. The Ohio Mortgage Loan is secured by r
About this update from Ascend Wellness Holdings Llc Class A
[{"type":"text","content":"NEW YORK, Sept. 30, 2025 /CNW/ - Ascend Wellness Holdings, Inc. ("AWH" or the "Company") (CSE: AAWH.U) (OTCQX: AAWH), a leading multi-state, vertically integrated cannabis operator, entered into and closed, effective September 12, 2025, a $9,345,000 secured financing transaction with CF Bank, pursuant to which AWH mortgaged real estate on three properties in Ohio (the "Ohio Mortgage Loan"). The Ohio Mortgage Loan bears interest at a competitive 8.5% per annum and matures in September 2030. The Ohio Mortgage Loan is secured by real estate owned by AWH in Cincinnati, Sandusky and Piqua, Ohio.","length":642,"tagName":"p"},{"type":"text","content":""This transaction strengthens AWH's balance sheet and demonstrates our ability to execute non-dilutive, low cost of capital financing transactions," said Sam Brill, Chief Executive Officer of AWH. "With this attractive financing in place, AWH is well-positioned to serve patients and local communities in Ohio's emerging market while positioning for further growth opportunities and delivering value to our shareholders."","length":449,"tagName":"p"},{"type":"text","content":"About Ascend Wellness Holdings, Inc.AWH is a vertically integrated operator with assets in Illinois, Maryland, Massachusetts, Michigan, New Jersey, Ohio and Pennsylvania. AWH owns and operates state-of-the-art cultivation facilities, growing award-winning strains and producing a curated selection of products for retail and wholesale customers. AWH produces and distributes its in-house Simply Herb, Ozone, Ozone Reserve, High Wired, Effin', Common Goods, and Royale branded products. For more information about AWH, visit www.awholdings.com.","length":548,"tagName":"p"},{"type":"text","content":"Cautionary Note Regarding Forward-Looking InformationThis news release includes forward-looking information and statements (together, "forward-looking statements"), which may include, but are not limited to, the plans, intentions, expectations, estimates, and beliefs of the Company. Words such as "expects", "continue", "may", "will", "anticipates", and "intends" or similar expressions are intended to identify forward-looking statements. Without limiting the generality of the preceding stat...