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Awh Closes Acquisition Of Four Maryland Dispensaries

PUBLIC · AAWHApr 28, 2023

Acquiring Company

Ascend Wellness Holdings

Acquired Company

Curaleaf

Rochelle ParkStamfordAgriculture and FarmingHealth CareRetailFarmingDietary SupplementsCannabisNutritionWellnessManufacturingAgriculture and FarmingMedia And EntertainmentCommunity And LifestyleHealth CareCannabis

Description

Ascend Wellness Holdings, Inc. ("AWH" or the "Company") (CSE: AAWH.U) (OTCQX: AAWH), a multi-state, vertically-integrated cannabis operator focused on bettering lives through cannabis, announced that yesterday it closed on the previously announced acquisition of four licensed dispensaries in Aberdeen, Crofton, Ellicott City, and Laurel under the names Nature's Medicines and True Wellness from Devi Holdings, Inc. ("Devi"). This marks the Company's expansion into Maryland, its seventh state, in primarily limited license markets across the Midwest and East Coast.

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Company Information

Company

Ascend Wellness Holdings

Location

Rochelle Park, New Jersey, United States

About

Ascend Wellness Holdings, Inc. (AWH) is a vertically integrated multistate cannabis operator with licenses and assets in Illinois, Michigan, Ohio, Massachusetts, New Jersey, Pennsylvania, and Maryland. AWH owns and operates 31 dispensaries and six state-of-the-art cultivation facilities, growing award-winning strains and producing a curated selection of products for retail and wholesale customers. AWH produces and distributes its in-house Simply Herb, Ozone, Ozone Reserve, Common Goods, Tunnel Vision, and Royale branded products. AWH also produces and distributes products on behalf of its brand partners including Miss Grass, Lowell Smokes, Flower by Edie Parker, 1906, and AiroPro.

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Frequently asked

Who acquired Curaleaf?

Curaleaf was acquired by Ascend Wellness Holdings, based in Rochelle Park. The deal was reported on April 28, 2023. Ascend Wellness Holdings, Inc. (AWH) is a vertically integrated multistate cannabis operator with licenses and assets in Illinois, Michigan, Ohio, Massachusetts, New Jersey, Pennsylvania, and Maryland. Ascend Wellness Holdings is publicly traded (AAWH) and operates in Agriculture and Farming.

When did Ascend Wellness Holdings acquire Curaleaf?

Ascend Wellness Holdings's acquisition of Curaleaf was reported on April 28, 2023. Ascend Wellness Holdings, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Curaleaf do?

Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) ("Curaleaf") is a leading international provider of consumer products in cannabis with a mission to enhance lives by cultivating, sharing and celebrating the power of the plant. It is publicly traded (CURLF), operating in Manufacturing, and is based in Stamford.

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