---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-029504"
form_type: "8-K"
ticker: "AAWH"
cik: "0001756390"
company_name: "Ascend Wellness Holdings, Inc."
filed_at: "2022-11-10T23:59:59+00:00"
generated_at: "2026-06-21T23:17:56.821268+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Ascend Wellness Q3 net revenue $111.2M (+14% QoQ); adjusted EBITDA $27.8M, 25% margin, +354bps

## Summary
- Net revenue $111.2M, up 14.1% QoQ and 17.9% YoY; gross revenue $134.3M.
- Net loss narrowed to $16.9M from $21.2M in Q2 2022.
- Adjusted EBITDA $27.8M (25.0% margin), expanding 354 bps sequentially.
- Cash and equivalents $91.4M; net debt $219.0M as of Sept 30, 2022.
- Started adult-use sales at Montclair, NJ; opened Fort Lee dispensary and Franklin kitchen for edibles.

## SEC filing metadata
- accession: 0001628280-22-029504
- form_type: 8-K
- ticker: AAWH
- cik: 0001756390
- company_name: Ascend Wellness Holdings, Inc.
- filed_at: 2022-11-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1756390/000162828022029504/0001628280-22-029504-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1756390/000162828022029504/aawh-20221110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-029504
- JSON: https://secwatch.observer/filing/0001628280-22-029504.json
- Plain text: https://secwatch.observer/filing/0001628280-22-029504.txt

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