Ascend Wellness Holdings (CSE: AAWH.U / OTCQX:AAWH)’s Post

Curious about our refinancing and want the latest updates on Ascend? Dive into our quarterly newsletter for all the details on our recent progress including management interviews with John Hartmann, Danielle Drummond, Rebecca Koar and more! https://bit.ly/4cHNKNE

Missed the fireside chat with our CEO, John Hartmann, at the Emerging Growth Conference yesterday? Don't worry... you can catch the conversation at the link below for the latest news surrounding our refinancing. https://lnkd.in/es8pgd8D

Ascend is thrilled to have refinanced our debt well before the existing loan was due and prior to when it would have become current on our balance sheet. This refinancing marks a significant milestone for Ascend. John Hartmann, CEO of Ascend, commented on the Offering: "We are thrilled to refinance $215 million of our existing term loan 13 months before its maturity. This refinancing marks a significant milestone for Ascend. The 5 year notes financing reflects the confidence our lenders have in our business and growth prospects, while enhancing our financial stability and flexibility. The support from a majority of our existing term loan lenders, including all of our four largest lenders, highlights their trust in our strategic vision. The diversification of the new institutional noteholders reflects the significant progress Ascend has made in broadening its investor base and in expanding the prospective audience of future stakeholders. We remain committed to driving value for our shareholders and expanding our footprint." Learn more about the transaction here: https://lnkd.in/eS8CPMMm

We're celebrating Juneteenth by supporting expungement clinic in Chicago! Danielle Drummond, Vice President of Social Equity, and Claire Warne, Manager of Equity Programs and Community Partnerships, joined ABC7 Chicago Thursday to talk more about it.

New outlet dropping soon! 21+ | Educational | NFS

🚀 You don’t want to miss this summer Expungement Clinic featuring a Health Fair and Block Party 🚀 This free community event is hosted in partnership with Blaze Responsibly™️ and Ironbound Community Corporation! Free expungements ✔️ Health resources ✔️ ID services ✔️ Veterans resources ✔️ Job placement✔️ Cannabis education ✔️ …and so much more! Please share with friends and family! There is something for everyone 💚 Kyle Page Miss Grass Coalition for Food and Health Equity