Fundz

Awh Announces Us$36.5 Million Incremental Senior Debt Financing

PRIVATEMay 18, 2022

Amount Raised

$36.5 Million

Round Type

Debt Financing

New YorkFood and BeverageMedia And Entertainment

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, is pleased to announce that it has closed on $36.5M of additional funding under the increase option of its existing term loan credit facility. In August 2021, the Company announced it had closed on a US$210 million Senior Secured Term Loan credit facility with Seaport Global Securities LLC as lead manager.

Quick answer

Awh raised $36.5 Million in a Debt Financing round, dated May 18, 2022. Awh is based in New York, United States.

How much did Awh raise?
Awh raised $36.5 Million in a Debt Financing round on May 18, 2022.
What does Awh do?
AWH is a vertically integrated operator with assets in Illinois, Michigan, Ohio, Massachusetts and New Jersey.
Where is Awh based and how big is it?
Awh is based in New York, United States.

Source: Fundz verified event record.

Who else raised in Food and Beverage and Media And Entertainment around the same time

Companies in the same sectors as Awh that raised within 45 days of this round, from Fundz verified event records.

  • Hawaiian Bros raised $100K on July 1, 2022.
  • Fresa's Mas raised $100K (Seed) on July 1, 2022.
  • Hawaiian Bros raised $7.2M on July 1, 2022.
  • Echo3 D raised $5.5M (Funding Round) on July 1, 2022.
  • Regard raised $15M (Series A) on June 29, 2022.
  • Goldcast raised $32M on June 29, 2022.

Who to call at Awh, and when

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Company Information

Company

Awh

Location

New York, United States

About

AWH is a vertically integrated operator with assets in Illinois, Michigan, Ohio, Massachusetts and New Jersey. AWH owns and operates state-of-the-art cultivation facilities, growing award winning strains and producing a curated selection of products. AWH produces and distributes Ozone branded products. For more information, visit www.awholdings.com.

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