Sam Brill
Director and Chief Executive Officer
Replay available
Ascend Wellness Holdings, Inc. (AAWH) Q2 2025 Earnings Call
Ascend Wellness Holdings, Inc. (OTC: AAWH) Q2 2025 earnings conference call, held 2025-08-07. Replay captured from the company's public earnings webcast.
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Brenna Huntington
Analyst, ATB Capital Markets
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Watch the replay and follow the connected company analysis, news, and investor updates for Ascend Wellness Holdings Llc Class A.
Replay transcript excerpt
WEBVTT 00:00:00.470 -- 00:00:05.758 Good afternoon, ladies and gentlemen, and welcome to the Ascend Wellness Holdings, Inc. 00:00:05.758 -- 00:00:09.823 second quarter 2025 earnings conference call. 00:00:09.823 -- 00:00:13.348 At this time, all lines are in listen-only mode. 00:00:13.348 -- 00:00:17.795 Following the presentation, we will conduct a question and answer session. 00:00:17.795 -- 00:00:22.902 If at any time during this call you require immediate assistance, please press star 00:00:22.902 -- 00:00:28.410 zero for the operator. This call is being recorded on Thursday, August 7th, 00:00:28.410 -- 00:00:30.410 2025. 00:00:30.507 -- 00:00:36.275 I would now like to turn the conference over to Sam Brill, Director and Chief Executive 00:00:36.275 -- 00:00:40.338 Officer. Please go ahead. 00:00:40.561 -- 00:00:44.826 Thank you, operator. Good afternoon, everyone, and thank you for joining our second quarter 00:00:44.826 -- 00:00:50.093 2025 earnings call. I'll start off today with a high-level update on the industry, 00:00:50.093 -- 00:00:55.140 our strategic priorities, and key developments during the quarter. 00:00:55.140 -- 00:01:00.309 Over the past few months, cannabis has reemerged in public discourse with renewed industry 00:01:00.309 -- 00:01:04.515 activity, primarily driven by high-profile lobbying efforts. 00:01:04.515 -- 00:01:09.281 However, ongoing regulatory uncertainty, political gridlock, and a lack of progressive 00:01:09.281 -- 00:01:13.007 reform continues to stall the industry's momentum. 00:01:13.007 -- 00:01:17.894 Recent data from Alliance Global Partners shows that in 2024, the U.S. 00:01:17.894 -- 00:01:23.482 legal cannabis industry outpaced traditional CPG categories, such as tobacco and alcohol, 00:01:23.482 -- 00:01:28.473 in sales...