Cannabis Acquisitions Pay Off: MSO Ascend Wellness Q4 Revenue …

Mar 12, 2024 · Multi-state cannabis operator Ascend Wellness AAWH AAWH reported its financial results Tuesday for the fourth quarter and full year, revealing quarterly revenue of $140.2 million, down by 0.8% ...

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Cannabis Acquisitions Pay Off: MSO Ascend Wellness Q4 Revenue …

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News Release Details - Ascend Wellness Holdings

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Mar 12, 2024 · FY 2023: Total revenue of $635.2 million increased 30.3% year-over-year. Q4 2023: Net revenue, which excludes intercompany sale of wholesale products, decreased 0.8% …

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Ascend Wellness Releases Fourth Quarter, Full Year 2023 Financial ...

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Mar 12, 2024 · The multistate cannabis operator reported $519 million in net revenue for the year, representing a 28% increase over 2022. ... Ascend Wellness Releases Fourth Quarter, Full …

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Ascend Wellness Holdings Inc (AAWH) Reports Strong Fiscal Year …

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Ascend Wellness Holdings Inc (AAWH) Reports Strong Fiscal Year 2023 Results with Revenue and ... Net Revenue: Q4 2023 net revenue increased by 25% year-over-year to $140 million, …

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Ascend Wellness Reports 5th Consecutive Quarter Of Positive

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New York-headquartered cannabis company, Ascend Wellness Holdings, Inc. (CSE:AAWH) (OTCQX:AAWH) reported its financial results Tuesday for the first quarter ended March 31, 2024 disclosing revenue of $142.4 million, ... Cannabis Acquisitions Pay Off: MSO Ascend Wellness Q4 Revenue Jumps 25% YoY To $140M. FAQ.

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Ascend Wellness Reports 5th Consecutive Quarter Of Positive

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May 7, 2024 · Ascend Wellness shares closed Monday market session 0.78% higher at $1.29 per share. See Also: Cannabis Acquisitions Pay Off: MSO Ascend Wellness Q4 Revenue Jumps …

benzinga.com

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Cannabis MSO Ascend Wellness Expecting 280E Tax Refunds

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Mar 12, 2024 · Ascend posted a net loss of $19.3 million for the quarter ended Dec. 31, 28.5% higher than its net loss for the fourth quarter of 2022. On a full-year basis, net revenue grew …

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Marijuana MSOs Report Mixed Financial Results After Tough Year

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Apr 26, 2023 · New York-based Ascend Wellness grew its net revenue to $405.9 million in 2022, a 22.1% increase over to 2021. Ascend reported a net loss of $80.9 million in 2022 compared with $122.7 million in 2021. TerrAscend, which has offices in California, Pennsylvania and Ontario, Canada, grew its revenue to $247.8 million in 2022 , a 27.6% increase from ...

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Rising High: Cannabis Firms Report Quarterly Earnings

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1 day ago · MORE CANNABIS EARNINGS: On Tuesday, Ascend Wellness Holdings reported a Q3 loss per share of (13c) on a revenue of $141.6M, which compared to a loss per share of …

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Ascend Wellness Is A Cheap Cannabis Stock - Seeking Alpha

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Mar 31, 2024 · Ascend Wellness Is A Cheap Cannabis Stock. ... Ascend Wellness grew net revenue by 28% in 2023 to $518.6 million. The gross margin fell from 33.1% to 29.9%. ...

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Ascend Q4 Revenue Increases 25% – New Cannabis Ventures

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Mar 12, 2024 · AWH ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS. Q4 2023 Net Revenue Increased 25% Year-over-Year to $140 million Q4 2023 …

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Ascend Wellness Is No Longer The Cheapest MSO - Seeking Alpha

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Nov 5, 2023 · Ascend Wellness has seen a 43% rally in its stock since mid-June due to the potential rescheduling of cannabis and the elimination of the punitive 280E tax. The company …

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Ascend Wellness Q4 Revenue Increases 1% Sequentially

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Mar 14, 2023 · Net Revenue: Q4 2022: Net revenue, which excludes intercompany sale of wholesale products, increased 0.8% quarter-over-quarter to $112.1 million, and increased …

newcannabisventures.com

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Ascend Wellness' 20.1% Wholesale Growth, Wider Net Loss In Q3

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3 days ago · Ascend Wellness reported Q3 revenue amounted to $141.6 million, up 0.3% year-over-year and 0.1% quarter-over-quarter. Q3 net loss was $28.3 million, compared to a net …

benzinga.com

FAQs about Cannabis Acquisitions Pay Off: MSO Ascend Wellness Q4 Revenue … Coupon?

Is ascend Wellness a good MSO?

Ascend Wellness is a strong but cheap Tier 2 MSO. While the 2024 revenue and adjusted EBITDA estimates have been stable since the company reported its Q4 in March, AAWH stock has sunk sharply to a new all-time low. I have boosted exposure in my model portfolios and think the stock can more than double over the balance of the year. ...

Is ascend Wellness a good investment despite a Q2 Miss?

Ascend Wellness (AAWH) shows strong growth despite a Q2 miss. The new management aims for long-term success. Click here for a full investment analysis. ...

Is ascend Wellness a good stock to buy in 2023?

Ascend Wellness has rallied 29.5% in 2023, but this is less than most other MSOs. The stock has big upside potential, though it could fall sharply too if cannabis is not rescheduled. It is the cheapest Tier 1 or Tier 2 MSO again. Looking for a helping hand in the market? ...

How did ascend wellness perform in Q2?

Ascend Wellness shows strong revenue and EBITDA growth despite missing Q2 expectations, with a 15% revenue increase and 33% EBITDA improvement. Management changes in August raised concerns, but the new team aims to align operations with long-term goals, maintaining a positive outlook. ...

Does ascend wellness have a good outlook for 2024 & 2025?

Ascend Wellness's outlook has improved with strong Q1 results, increasing revenue, and adjusted EBITDA projections for 2024 and 2025. The Company extended its debt due in 2025, securing lenders, and closing a deal with a maturity date of 2029. ...

Why did MSOs grow 7% compared to a year ago?

Operating expenses fell 7%. Excluding a $5 million settlement expense included a year ago, they increased just 7%. The start of adult-use in New Jersey helped to drive the growth as did increased wholesaling of its products to other MSOs. Adjusted EBITDA of $23.3 million grew 42.4% from the prior year. ...