Streetbeat News

AAWH

Ascend Wellness Holdings Inc.

Employees

1,500

Industry

Medicinal and Botanical Manufacturing

Open

0.32

Mkt cap

70M

Volume

13K

High

0.34

P/E Ratio

-0.81

52-wk high

1.55

Low

0.32

Div yield

N/A

52-wk low

0.27

Ascend Wellness Holdings, Inc. (OTCQX:AAWH) held its Q4 2024 earnings call on March 12, 2025. Key participants included CEO Sam Brill, President Frank Perullo, and CFO Roman Nemchenko. Analysts from ATB Capital Markets, Haywood Securities, and Ventum Financial participated.

Portfolio Pulse from

March 12, 2025 | 11:45 pm

Ascend Wellness Holdings, Inc. (AAWH) reported a Q4 loss of $0.08 per share, which was better than the Zacks Consensus Estimate of a $0.10 loss. However, the company lagged in revenue estimates.

Portfolio Pulse from

March 12, 2025 | 10:15 pm

Ascend Wellness is reopening its Detroit dispensary, marking its 38th retail location in the U.S. The grand reopening event is scheduled for February 28th, inviting recreational customers to join the celebration.

Portfolio Pulse from

February 26, 2025 | 1:45 pm

The cannabis industry is poised for potential growth by 2025, driven by reform efforts, market expansion, and increased investment interest. This could enhance the competitiveness and legitimacy of cannabis stocks, benefiting businesses and investors.

Portfolio Pulse from

February 21, 2025 | 2:30 pm

The U.S. cannabis industry is expanding, with legal sales surpassing $33.6 billion in 2023 and projected to reach $71 billion by 2030. State-level legalization, such as in Pennsylvania and Ohio, is boosting investor optimism. However, marijuana penny stocks remain volatile, requiring careful analysis.

Portfolio Pulse from

February 09, 2025 | 3:15 pm

The cannabis sector is experiencing low-end volatility, making it challenging for investors to find gains. Despite this, businesses within the sector are performing well.

Portfolio Pulse from

January 15, 2025 | 3:00 pm

Ascend Wellness Holdings has successfully closed a $15 million private placement of 12.75% Senior Secured Notes due 2029, adding to its previous $235 million issuance.

Portfolio Pulse from

January 14, 2025 | 1:15 pm

Ascend Wellness Holdings has entered into an agreement with Seaport Global Securities to issue $15 million in senior secured notes, adding to their existing $235 million notes due in 2029.

Portfolio Pulse from

January 11, 2025 | 12:30 am

Ascend Wellness Holdings has announced a share buyback program authorized by its Board of Directors. This move is aimed at enhancing shareholder value.

Portfolio Pulse from

December 27, 2024 | 10:15 pm

Ascend Wellness Holdings has completed the repurchase and cancellation of 11 million shares of its Class A common stock, representing over 5% of its outstanding shares. The company also received consent from its term loan holders to repurchase up to $5 million of its common shares.

Portfolio Pulse from

December 17, 2024 | 10:15 pm

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