{
  "name": "Ascend Wellness Holdings, Inc.",
  "legal_name": "Ascend Wellness Holdings, Inc.",
  "ticker": "AAWH",
  "tickers": [
    "AAWH"
  ],
  "cik": "0001756390",
  "page_url": "https://steadybase.io/company/ascend-wellness-holdings-inc/",
  "markdown_url": "https://steadybase.io/company/ascend-wellness-holdings-inc.md",
  "json_url": "https://steadybase.io/company/ascend-wellness-holdings-inc.json",
  "as_of": "2026-11-10",
  "last_filed": "2026-08-12",
  "industry": {
    "sic": "2833",
    "description": "Medicinal Chemicals & Botanical Products"
  },
  "headquarters": {
    "city": "Rochelle Park",
    "state": "NJ",
    "country": "US"
  },
  "exchanges": [
    "OTC"
  ],
  "fiscal_year_end": "December 31",
  "filer_category": "<br>Emerging growth company",
  "state_of_incorporation": "DE",
  "website": "awholdings.com",
  "investor_relations_url": "https://investors.awholdings.com/",
  "linkedin_company_url": "https://www.linkedin.com/company/ascend-cannabis-dispensary---chicago-midway",
  "summary": {
    "text": "Ascend Wellness Holdings, Inc. is a vertically integrated multi-state cannabis operator focused on operating in adult-use or near-term adult-use states in primarily limited license markets. Ascend’s core business is the cultivation, manufacturing, and distribution of cannabis consumer packaged goods, which are sold through company-owned retail stores, to retail partner locations, and third-party licensed retail locations. The Company is a reporting issuer in the United States and in each of the provinces and territories of Canada.",
    "section": "Item 1. Business",
    "period_end": "2025-12-31",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1756390/000162828026017374/aawh-20251231.htm"
  },
  "key_facts": [
    {
      "key": "revenue",
      "label": "Revenue",
      "value": 500581000,
      "unit": "USD",
      "period_start": "2025-01-01",
      "period_end": "2025-12-31",
      "basis": "filing_fact",
      "form": "10-K",
      "filed": "2026-03-12",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1756390/000162828026017374/0001628280-26-017374-index.html",
      "text": "Revenue: $500.6M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 12, 2026)."
    },
    {
      "key": "operating_income",
      "label": "Operating income",
      "value": -17012000,
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      "source_url": "https://www.sec.gov/Archives/edgar/data/1756390/000162828026017374/0001628280-26-017374-index.html",
      "text": "Operating income: -$17.0M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 12, 2026)."
    },
    {
      "key": "net_income",
      "label": "Net income",
      "value": -118193000,
      "unit": "USD",
      "period_start": "2025-01-01",
      "period_end": "2025-12-31",
      "basis": "filing_fact",
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      "filed": "2026-03-12",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1756390/000162828026017374/0001628280-26-017374-index.html",
      "text": "Net income: -$118.2M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 12, 2026)."
    },
    {
      "key": "sga",
      "label": "SG&A",
      "value": 169692000,
      "unit": "USD",
      "period_start": "2025-01-01",
      "period_end": "2025-12-31",
      "basis": "derived",
      "form": "10-K",
      "filed": "2026-03-12",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1756390/000162828026017374/0001628280-26-017374-index.html",
      "text": "SG&A: $169.7M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 12, 2026)."
    },
    {
      "key": "employees",
      "label": "Employees",
      "value": 2300,
      "unit": "people",
      "period_end": "2025-12-31",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1756390/000162828026017374/aawh-20251231.htm",
      "text": "Employees: 2,300 as of Dec 31, 2025, as reported in an SEC filing."
    },
    {
      "key": "shares_outstanding",
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      "value": 203212781,
      "unit": "shares",
      "period_end": "2026-08-10",
      "form": "10-Q",
      "filed": "2026-08-12",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1756390/000162828026056352/0001628280-26-056352-index.html",
      "text": "Shares outstanding: 203,212,781 as of Aug 10, 2026 (10-Q filed Aug 12, 2026)."
    },
    {
      "key": "auditor",
      "label": "Auditor",
      "value": "Withumsmith+Brown, Pc",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1756390/000162828026017374/aawh-20251231.htm",
      "text": "Auditor: Withumsmith+Brown, Pc, New York, New York, named in the latest 10-K."
    }
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  "quotes": [
    {
      "text": "Last quarter, we said we believed we’d reached an important inflection point. This quarter’s performance confirms it",
      "speaker": "Sam Brill",
      "title": "CEO & Director of AWH",
      "form": "8-K",
      "filed": "2026-08-12",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1756390/000162828026056190/awhq22026pressrelease.htm"
    },
    {
      "text": "Our growth strategy continues to demonstrate broad, system-wide results. We're consistently adding retail doors, selling more of our own brands through them, and seeing strong financial performance as a result. This model provides a compounding benefit to our core business and a very attractive return on invested capital, and we have ample runway to continue executing this playbook. Beyond the numbers, we made real progress on two fronts that matter for the long term: continu",
      "speaker": "Frank Perullo",
      "title": "Founder, President & Director of AWH",
      "form": "8-K",
      "filed": "2026-08-12",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1756390/000162828026056190/awhq22026pressrelease.htm"
    },
    {
      "text": "Every retail door we’ve added has widened our consumer reach, reinforced our brand and market share positioning, and provided additional operating leverage through increased vertical sales. Sustained investment in our operations and processes has meaningfully improved product quality across our portfolio, and that is driving the premiumization of our branded portfolio and improving our revenue per gram. Key pieces of this business are pulling in the same direction — retail de",
      "speaker": "Frank Perullo",
      "title": "Founder, President & Director of AWH",
      "form": "8-K",
      "filed": "2026-08-12",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1756390/000162828026056190/awhq22026pressrelease.htm"
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  "source": "SEC EDGAR filings, read by Steadybase. Every value links to the filing it came from."
}