Ascend Wellness Holdings, Inc.

Ascend Wellness Holdings, Inc. is a vertically integrated multi-state cannabis operator focused on limited-license markets. The company cultivates, manufactures, and distributes cannabis consumer packaged goods across wholesale and retail channels. Its product assortment comprises flower, pre-rolls, concentrates, vapes, edibles, and tablets sold under proprietary brands including Ozone, Simply Herb, High Wired, Honor Roll, Royale, and Effin', alongside licensed third-party brand partnerships. The business serves both adult-use recreational customers and medical patients, as well as licensed wholesale dispensary partners.

As of December 31, 2025, the company maintains operations or financial interests across seven U.S. markets: Illinois, Maryland, Massachusetts, Michigan, New Jersey, Ohio, and Pennsylvania. Its retail network encompasses 47 dispensaries, including company-owned locations and supported retail partner stores. The company also operates six cultivation facilities with approximately 258,000 square feet of total canopy and employs about 2,300 people. Its corporate headquarters are located in Rochelle Park, New Jersey.

Summary of the business section of Ascend Wellness's latest annual report, written by StockData.

“As of December 31, 2025, we had approximately 2,300 employees (excluding employees of retail partner locations), approximately 92% of whom were in field operations and approximately 8% of whom were in corporate administrative and management.”