{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-035038","form_type":"8-K","ticker":"AAWH","cik":"0001756390","company_name":"Ascend Wellness Holdings, Inc.","filed_at":"2023-10-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.325270+00:00","generated_at":"2026-06-09T11:14:05.413703+00:00","sec_items":["2.02","5.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Ascend Wellness reports record Q3 revenue ~$140M, up 15% Q/Q; names Mark Cassebaum CFO","bullets":["Preliminary Q3 net revenue ~$140M (record, +15% Q/Q).","Adjusted EBITDA estimated at $27-29M, significant sequential growth.","Third straight quarter positive cash from operations; first quarter positive free cash flow.","Mark Cassebaum appointed CFO effective Nov 27, 2023; Dan Neville resigning Nov 10.","CFO compensation: $450K base, bonus up to 100%, one-time $135K cash, 350K RSUs vesting over 4 years."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-035038","json":"https://secwatch.observer/filing/0001628280-23-035038.json","markdown":"https://secwatch.observer/filing/0001628280-23-035038.md","text":"https://secwatch.observer/filing/0001628280-23-035038.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1756390/000162828023035038/0001628280-23-035038-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1756390/000162828023035038/aawh-20231025.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T11:14:05.413703+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ebfae288fec292073bc36f3398c4987bff9a9d07","claim":"Ascend Wellness Holdings, Inc. reported the quarter ended September 30, 2023 results: revenue net revenue up nearly 15% Q/Q to approximately $140 million.","evidence_excerpt":"strong preliminary third quarter 2023 financial results as well as updates to its leadership team. • Record revenue for the 6th consecutive quarter, with net revenue up nearly 15% Q/Q to approximately $140 million; • Significant sequential Adjusted EBITDA 1 growth ranging from $27 to $29 million; and • Third consecutive quarter of positive Cash from","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1756390/000162828023035038/0001628280-23-035038-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended September 30, 2023"},{"label":"Revenue","value":"net revenue up nearly 15% Q/Q to approximately $140 million"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"},{"claim_id":"3e41487eaf","claim":"Dan Neville departed as Chief Financial Officer at Ascend Wellness Holdings, Inc..","evidence_excerpt":"On October 25, 2023, the Company announced that Dan Neville, the Company’s Chief Financial Officer, will be leaving the Company effective November 10, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1756390/000162828023035038/0001628280-23-035038-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigning"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"c35bb30ca7","claim":"Mark Cassebaum was appointed as Chief Financial Officer at Ascend Wellness Holdings, Inc..","evidence_excerpt":"On October 25, 2023, the Company announced the appointment of Mark Cassebaum as the new chief financial officer of the Company, effective November 27, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1756390/000162828023035038/0001628280-23-035038-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}