Ascend Wellness Holdings, Inc. (AAWH) Misses Q2 EPS by 6c

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AWH ANNOUNCES Q2 2022 FINANCIAL RESULTS

August 15, 2022 4:05 PM EDT

Record Revenue Since Company Inception

Q2 2022 Net Revenue Increased 14.6% Compared to Prior Quarter

Adjusted EBITDA Margin Expanded Approximately 220 Basis Points Compared to Prior Quarter

NEW YORK, Aug. 15, 2022 /PRNewswire/ - Ascend Wellness Holdings, Inc. ("AWH" or the "Company") (CSE: AAWH.U) (OTCQX: AAWH), a vertically integrated multi-state cannabis operator focused on bettering lives through cannabis, today reported its financial results for the three months ended June 30, 2022 ("Q2 2022"). Financial results are reported in accordance with U.S. generally accepted accounting principles ("GAAP")... More