Ascend Wellness Holdings

Ascend Wellness Holdings, Inc. is a vertically integrated multistate cannabis company that owns and operates dispensaries and cultivation facilities, sells its own brands and produces products for partner brands. Its press releases are datelined New York, and its SEC business address is in Rochelle Park, New Jersey. Stockholders approved a reverse stock split on August 31, 2026 as a step toward a planned listing on a major US exchange.

The company reports 55 retail locations at the end of the second quarter of 2026, up from 48 a quarter earlier, including partner stores that it supports operationally rather than owns. It operates in Illinois, Maryland, Massachusetts, Michigan, New Jersey, Ohio and Pennsylvania and runs seven cultivation facilities. A seventh Ohio dispensary opened in Lewis Center on October 6, and management targets 60 stores by year end.

For vendors, the partner-store model in New Jersey and Ohio means purchasing decisions can sit with different operators under one banner, so it is worth confirming who orders for each location. AWH has also filed for DEA registration for its state-licensed medical operations and expects to meet or exceed its target of 60 stores by the end of 2026, so the store list is still changing.