Monday, September 15, 2025

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

New Found Gold: The Strategic Maritime Resources Purchase

Amex Exploration: Revised Perron PEA Has INSANE Economics

Aris Mining: The Multi Billion Dollar Soto Norte PFS

Recommended

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet

Related News

Abner Kurtin Leaves Role Of CEO Of Ascend Wellness As Court Date Nears

It appears that Abner Kurtin’s actions earlier this month sealed his fate as the Chief...

Wednesday, September 28, 2022, 08:46:43 AM

Ascend Wellness Claims MedMen Attempted To Terminate New York Investment Agreement

The start of the year does not bode well for Ascend Wellness Holdings, Inc. (CSE:...

Monday, January 3, 2022, 09:43:00 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 Declares US$85.1 Million In Revenue, US$27.8 Million Net Loss

Ascend Wellness Holdings, Inc. (CSE: AAWH.U) reported on Wednesday its financial and operational results for...

Thursday, May 12, 2022, 02:59:00 PM

Ascend Wellness: Canaccord Lowers Target To US$10

On January 14th, after a number of press releases from Ascend Wellness Holdings, Inc. (CSE:...

Friday, January 21, 2022, 04:20:00 PM