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About
Ascend Wellness Holdings, Inc. is a vertically integrated operator with assets in Illinois, Michigan, Ohio, Massachusetts, and New Jersey. The company is headquartered in Morristown, New Jersey and currently employs 2,300 full-time employees. The company went IPO on 2021-05-04. The firm is focused on operating in adult-use or near-term adult-use states in primarily limited license markets. The company is engaged in cultivation, manufacturing, and distribution of cannabis consumer packaged goods, which are sold through Company-owned retail stores and to third-party licensed retail cannabis stores. The firm has licenses and assets in Illinois, Massachusetts, Maryland, Michigan, New Jersey, Ohio, and Pennsylvania. The company produces and distributes its in-house Common Goods, Simply Herb, Ozone, Ozone Reserve, Royale, and Tunnel Vision branded products. The firm operates cultivation facilities in six states with approximately 245,000 square feet of total canopy. Common Goods is a no-frills brand that offers high value cannabis for everyday consumption. The brand comes in flower and pre-rolls. Ozone Reserve comes in exotic flower, refined concentrates, purified oils, and vapes.
Industry: Medicinal Chemicals & Botanical Products Peers: Estee Lauder Companies Inc Veru Inc Healing Co Inc. Medifast Inc Honest Company Inc Nature's Sunshine Products Inc REVLON INC /DE/ USANA Health Sciences Inc Thorne Healthtech, Inc. Waldencast PLC