Ascend Wellness Holdings Inc at Benzinga Cannabis Capital Conference (Virtual) Transcript

Feb 12, 2024

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Oct 14, 2021 - Oct 15, 2021 / NTS GMT
Spencer Israel - Benzinga - Moderator

Everyone, give it up for Dan Neville, CFO of Ascend Wellness. Dan, come on, onto the stage. Give it up everyone.

Dan Neville - Ascend Wellness Holdings, Inc. - CFO

Hi, all. My name is Dan Neville. I'm CFO of Ascend Wellness. Before we start today, if we could flip to the next slide. Oh, got a clicker here. Here we go.

Okay. This is the Safe Harbor Statement. So I just ask everyone to read this for a minute, pay attention to the cautionary language, and the forward-looking statements that we may make today.

So before we dive into the investment thesis and some of our recent progress to date, I just wanted to provide an overview of the company for any of the folks here who are new to the story. Ascend Wellness was founded in 2018 with three employees. We're up to about 1,400 today. We're a multistate operator that operates in Illinois, Michigan, New Jersey, Massachusetts, Ohio. And most recently, we entered New York,

We got 19 open dispensaries today and a market cap of around $1.5

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