secwatch.observer — SEC 8-K summary
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Issuer:     Ascend Wellness Holdings, Inc. (AAWH)
CIK:        0001756390
Form:       8-K
Filed at:   2022-05-11T23:59:59+00:00
Accession:  0001628280-22-013838
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1756390/000162828022013838/0001628280-22-013838-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1756390/000162828022013838/aawh-20220511.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-013838

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer