Friday, October 24, 2025

Latest

Ascend Wellness Adds Second Ohio Dispensary To Operations

Ascend Wellness (CSE: AAWH.u) appears to be expanding its presence in Ohio. The firm this morning announced the acquisition of its second dispensary asset in the state.

The latest purchase is that of Ohio Cannabis Clinic, whom is currently operating in the state as Ohio Cannabis Company, with its single location found in Coshocton, Ohio. The acquisition of the dispensary was initially announced back on October 1, however financial details of the transaction were not provided.

Following the acquisition, Ascend now has two dispensaries in the state, as well as a cultivation facility. AQ processing facility is currently pending close, subject to state approval. The state currently has a cap on retail dispensaries, which limits retailers to five locations. The company reportedly is looking to expand to this cap, however a timeline has not been provided.

Both dispensaries are slated to transition to the Ascend brand, however a timeline on this has not been provided.

Ascend Wellness last traded at $5.50 on the CSE.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

When 4% of Global Copper Disappears Overnight | David Gower – Emerita Resources

Mining M&A: Gold X2 Acquires Kesselrun Resources

They Said Oil Was Dead. They Were Wrong. | Michael Judson – Record Resources

Recommended

Steadright Enters MOU To Acquire Historic Goundafa Polymetallic Mine In Morocco

Military Seizes Power in Madagascar After President Flees

Related News

Ascend Wellness Reaches Settlement With MedMen To Acquire New York Assets

It appears that attempting to void a sale agreement with Ascend Wellness Holdings (CSE: AAWH.u)...

Wednesday, May 11, 2022, 08:12:42 AM

Ascend Wellness: Canaccord Initiates With US$15 Price Target

Canaccord Genuity is the first investment bank to initiate coverage on Ascend Wellness (CSE: AAWH.u)....

Tuesday, May 25, 2021, 03:12:00 PM

Ascend Wellness Takes MedMen To Court, Seeks To Enforce Investment Agreement

It seems Ascend Wellness Holdings, Inc. (CSE: AAWH.U) is not going to take the termination...

Friday, January 14, 2022, 10:14:00 AM

Ascend Wellness Sees CEO Abner Kurtin Charged With Battery

The chief executive of Ascend Wellness (CSE: AAWH) appears to have gotten himself into a...

Wednesday, September 7, 2022, 08:24:52 AM

Ascend Wellness Continues To Fight Medmen Over New York Asset

After losing its New York investment arrangement with Medmen Enterprises (CSE: MMEN), it appears that...

Thursday, January 6, 2022, 08:08:30 AM