---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-013838"
form_type: "8-K"
ticker: "AAWH"
cik: "0001756390"
company_name: "Ascend Wellness Holdings, Inc."
filed_at: "2022-05-11T23:59:59+00:00"
generated_at: "2026-06-25T21:08:07.369192+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ascend Wellness Q1 net rev $85.1M, net loss $27.8M, adj EBITDA $16.4M; PA expansion

## Summary
- Net revenue $85.1M, down 3.8% QoQ but up 28.7% YoY; net loss $27.8M vs $16.5M in Q4 2021.
- Adjusted EBITDA $16.4M (19.2% margin); cash $143.8M, net debt $89.9M at quarter-end.
- Launched value brand Simply Herb; 20 dispensaries and 213k sq ft canopy across 5 states.
- Post-Q1: completed equity roll-up in Pennsylvania; plans cultivation facility and 6 dispensaries for 2023.

## SEC filing metadata
- accession: 0001628280-22-013838
- form_type: 8-K
- ticker: AAWH
- cik: 0001756390
- company_name: Ascend Wellness Holdings, Inc.
- filed_at: 2022-05-11T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1756390/000162828022013838/0001628280-22-013838-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1756390/000162828022013838/aawh-20220511.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-013838
- JSON: https://secwatch.observer/filing/0001628280-22-013838.json
- Plain text: https://secwatch.observer/filing/0001628280-22-013838.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.