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Ascend Wellness Holdings (AWH) is a multi-state cannabis operator based in Morristown, New Jersey, with operations in Illinois, Michigan, Massachusetts, New Jersey, and Ohio. The company cultivates, processes, and distributes cannabis products through its network of dispensaries and advanced cultivation facilities. AWH reported $518.6 million in annual revenue in 2023 and employs around 2,300 people. AWH operates seven cultivation facilities, focusing on precision agriculture and quality control. The company produces a variety of cannabis products, including high-potency flower, edibles, concentrates, and vapes. AWH serves both retail consumers and wholesale clients, emphasizing consistency and sustainability in its offerings. The company utilizes low-energy LED lighting and natural growing mediums to minimize environmental impact while ensuring product reliability through rigorous genetic selection and testing.
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