Ascend Wellness Holdings, LLC
Initial Public Offering - Pending - Friday, March 26, 2021
Ascend Wellness Holdings, LLC is a vertically integrated multi-state operator focused on adult-use or near-term adult-use cannabis states in limited license markets. Its core business is the cultivation, manufacturing and distribution of cannabis consumer packaged goods, which we sell through our company-owned retail stores and to third-party licensed cannabis retail stores.
1411 Broadway, 16th Floor
New York, Canada, 10018
|Industry:||Tobacco & Agriculture|
|1st Day of Trading:|
The net proceeds of the offering will be used to pay for the pending investment in MedMen NY, Inc. to consummate the transactions for proposed acquisitions of Hemma, LLC and BCCO, LLC, both of which are in Ohio, for capital expenditures, and the remainder for future M&A transactions, general administration, tax liabilities, working capital and general corporate purposes, including additional financing provided to MedMen NY, Inc. prior to closing.
|Gross Proceeds:||US $0.00|
|Underwrting Fees:||US $0.00|
|Expense Offering:||US $0.00|
|Net Proceeds:||US $0.00|
|Lead Underwriter:||Canaccord Genuity Corp.|
Beacon Securities Limited
Cormark Securities Inc.
ATB Capital Markets Inc.
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