Strategic Expansion Into New Markets: $AAWH Earnings

Cannabis Insider

Ascend Wellness Holdings (AAWH) had a successful quarter with substantial blended growth in both retail and wholesale. They have been strategically entering late-stage medical and early-stage adult-use markets, with a focus on maximizing cultivation and production output. The company is on a clear path to profitability by executing their strategy of densifying current markets, building the wholesale business, and identifying new markets for investment. They are particularly excited about the potential growth in Ohio and Pennsylvania. Ascend is also focused on product innovation and brand development, with a strong emphasis on providing great products at a fair price and ensuring the safety of their employees. Takeaways: -Ascend Wellness Holdings had a successful quarter with substantial blended growth in both retail and wholesale. -Their strategy includes entering late-stage medical and early-stage adult-use markets, maximizing cultivation and production output, and identifying new markets for investment. -They are particularly excited about the potential growth in Ohio and Pennsylvania. -Ascend is focused on product innovation and brand development, providing great products at a fair price, and ensuring the safety of their employees. -They have implemented a unique tax strategy to address the 280E issue and are patiently waiting for the response from tax authorities. __________________________________________________________________ Featured Guest(s): John Hartmann, CEO - Ascend Wellness Holdings $AAWH https://www.awholdings.com/ Meet The Host(s): Javier Hasse https://www.twitter.com/JavierHasse Elliot Lane https://www.twitter.com/ElliotLane10 __________________________________________________________________ Chapters: 00:00 Introduction and Background 02:24 Successful Quarter and Exciting Headlines 08:12 Path to Profitability 11:02 Growth Potential in Ohio and Kentucky 14:15 Unique Tax Strategy 🔈 PODCASTS! 🔈 Cannabis Insider - https://www.benzinga.com/money/podcast-show/cannabisinsider/ Cannabis Daily - https://www.benzinga.com/money/podcast-show/cannabis-daily/ 📰 Sign Up for Our Newsletter! 📮 https://share.hsforms.com/1SD_FsDd8TnS-RYQYnORPFw1npzh WEBSITE & SOCIALS: 💻 Website: https://www.benzinga.com 👍Benzinga on Instagram & Facebook @ Benzinga 📱Benzinga on TikTok & Twitter @ Benzinga __________________________________________________________________ Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions. #CannabisInsider #AWH $AAWH