Business
AWH Reports First Quarter 2026 Financial Results
Ascend Wellness Holdings, Inc. ("AWH," "Ascend," or the "Company") (CSE: AAWH-U.CN) (OTCQX: AAWH), a multi-state, vertically integrated cannabis operator and consumer packaged goods company, today reported its financial results for the quarter ended March 31, 2026 ("Q1 2026"). Financial results are reported in accordance with U.S. generally accepted accounting principles ("GAAP"), and all currency is in U.S. dollars.
About this update from Ascend Wellness Holdings Llc Class A
[{"type":"text","content":"Generated Q1 2026 net revenue of $116.9 million and Adjusted EBITDA1 of $26.3 million","length":85,"tagName":"p","attribs":{}},{"type":"text","content":"51-location footprint to date, with five dispensaries added in 20262","length":68,"tagName":"p","attribs":{}},{"type":"text","content":"Ranked No. 2 brand house in Illinois, Massachusetts, and New Jersey combined in Q1 20263","length":88,"tagName":"p","attribs":{}},{"type":"text","content":"Rescheduling poised to unlock immediate and near-term benefits, with potential further impact from follow-on actions","length":116,"tagName":"p","attribs":{}},{"type":"text","content":"NEW YORK, May 13, 2026 /CNW/ - Ascend Wellness Holdings, Inc. ("AWH," "Ascend," or the "Company") (CSE: AAWH-U.CN) (OTCQX: AAWH), a multi-state, vertically integrated cannabis operator and consumer packaged goods company, today reported its financial results for the quarter ended March 31, 2026 ("Q1 2026"). Financial results are reported in accordance with U.S. generally accepted accounting principles ("GAAP"), and all currency is in U.S. dollars.","length":506,"tagName":"p"},{"type":"image","alt":"Ascend Wellness Holdings logo (CNW Group/Ascend Wellness Holdings, Inc.)","displaySize":"","headline":null,"caption":"Ascend Wellness Holdings logo (CNW Group/Ascend Wellness Holdings, Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":201,"url":"https://media.zenfs.com/en/prnewswire.com/50af96a9ac8ad468dfacc650edd1706b"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/SxiiLIzCQrQwOeElkVkIMw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM1NDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/50af96a9ac8ad468dfacc650edd1706b","width":400,"height":201},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/dbJUsj8_xoxh_USzXiqMNw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTMyMjtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/50af96a9ac8ad468dfacc650edd1706b","width":400,"height":201}},"href":"https://mma.prnewswire.com/media/2979533/Ascend_Wellness_Holdings__Inc__AWH_Reports_First_Quarter_2026_Fi.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Q1 2026 Financial Highlights","length":28,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Net revenue was $116.9 million compared to $120.5 million i...