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 it has received conditional approval from the New York Cannabis Control Board for its previously announced definitive investment agreement with MedMen NY, Inc., the New York subsidiary of MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF), pending the review of the proposed transaction by the Office of Cannabis Management staff for compliance with the Cannabis Law and its corresponding rules and regulations, and further conditioned the approval on the registered organization continuing current operations to maintain patient access and supply.