Ascend Wellness Holdings, Inc. (AAWH) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon and thank you for standing by. Welcome to Ascend Wellness Holdings' first quarter 2025 earnings call. The presentation that accompanies this call can be found on the investor relations section of the company's website. Before proceeding, AWH would like to remind you that the following discussion and presentation contains various forward-looking statements or information. These forward-looking statements or information are subject to risks and uncertainties, but may cause actual results to differ from historical or anticipated results. For more information on the risks and uncertainties, please refer to slide two of this presentation, today's earnings release, and AWH's SEC and CEDAR filings, including their most recent reports on Form 10-K. During today's call, the company will be referring to non-GAAP financial measures, such as adjusted EBITDA. Reconciliation to the most direct comparable GAAP measures are in appendix to the presentation and in the company's earnings release. On today's call, I am pleased to introduce the SENS management team, starting with Sam Brill, Director and Chief Executive Officer. Sam will provide an update on the company's key objectives and high-level financial priorities. Also on the call is Frank Pirullo, Co-Finder, Director, and President. Frank will share updates on the company's operational plans and highlights from the quarter. And lastly, Roman Demchenko, Chief Financial Officer, will review financial performance for the quarter. I'd now like to turn the conference over to your speaker today, Sam Broom. Please go ahead. Good afternoon, everyone, and thank you for joining our first quarter 2025 earnings call. I'll start off today with a high-level update on the industry, our strategic roadmap, and how we started the y...