Ascend Wellness Holdings Presents Management Update

NEW YORK, Sept. 6, 2022 /PRNewswire/ – Ascend Wellness Holdings, Inc. (“AWH” or the “Enterprise”) (CSE: AAWH.U) ( OTCQX: AAWH), a multi-state, vertically built-in hashish operator focused on bettering life via hashish, nowadays announced that the Enterprise is knowledgeable of allegations from CEO, Chairman, and Founder Abner Kurtin relating to a […]

NEW YORK, Sept. 6, 2022 /PRNewswire/ – Ascend Wellness Holdings, Inc. (“AWH” or the “Enterprise”) (CSE: AAWH.U) ( OTCQX: AAWH), a multi-state, vertically built-in hashish operator focused on bettering life via hashish, nowadays announced that the Enterprise is knowledgeable of allegations from CEO, Chairman, and Founder Abner Kurtin relating to a domestic-related misdemeanor. The impartial associates of the Firm’s Board of Directors, via its Payment and Company Governance Committee, are conducting an investigation of the make any difference with the support of independent legal counsel, Goodwin Procter, LLP. 

Whilst the Organization are not able to remark on an active investigation, it is dealing with this make a difference with the utmost seriousness and will proceed to appraise correct steps as a lot more information turns into out there. The independent members of the Board are keenly attuned to the Company, its shareholders, and staff, and the administration workforce is focused on ensuring AWH proceeds to work proficiently all through this time.

Neither the Canadian Securities Trade, nor its Regulation Services Company accepts duty for the adequacy or accuracy of this release.

About AWH
AWH is a vertically integrated multistate cannabis operator with licenses and assets in Illinois, Michigan, Ohio, Massachusetts, New Jersey, and Pennsylvania. AWH owns and operates condition-of-the-artwork cultivation facilities, escalating award-winning strains and developing a curated assortment of merchandise for retail and wholesale clients. AWH produces and distributes its in-dwelling Basically Herb, Ozone, and Ozone Reserve branded goods. For extra facts, pay a visit to www.awholdings.com.

Forward-Searching Statements

This information release includes forward-on the lookout details and statements, which may well include, but are not confined to, details and statements relating to the plans, intentions, anticipations, estimates, and beliefs of the Organization. Words and phrases these as “expects”, “carry on”, “will”, “anticipates” and “intends” or very similar expressions are supposed to establish ahead-hunting statements. These ahead-looking statements are based on the Firm’s current projections and expectations about long run gatherings and economical developments, and on specific assumptions and examination built by the Business in gentle of encounter and notion of historic developments, latest situations and predicted long run developments and other aspects administration believes are correct.

Ahead-looking information and facts and statements contain and are subject to assumptions and recognised and not known threats, uncertainties, and other things which may possibly lead to real occasions, success, general performance, or achievements of the Organization to be materially unique from upcoming activities, benefits, general performance, and achievements expressed or implied by forward-seeking information and facts and statements herein. These kinds of aspects involve, amongst some others: the dangers and uncertainties determined in the Company’s Yearly Report on Type 10-K for the calendar year finished December 31, 2021, and in the Firm’s other stories and filings with the applicable Canadian securities regulators and the U.S. Securities and Trade Fee. Though the Corporation believes that any forward-hunting information and facts and statements herein are fair, in light of the use of assumptions and the sizeable dangers and uncertainties inherent in this sort of details and statements, there can be no assurance that any these forward-hunting data and statements will demonstrate to be accurate, and accordingly, readers are encouraged to count on their very own analysis of this kind of pitfalls and uncertainties and ought to not location undue reliance on these kinds of ahead-wanting info and statements. Any forward-wanting data and statements herein are built as of the date hereof, and other than as necessary by relevant guidelines, the Company assumes no obligation and disclaims any intention to update or revise any ahead-searching information and statements herein or to update the factors that actual events or outcomes could or do vary from all those projected in any forward-searching info and statements herein, no matter if as a consequence of new information, future activities or effects, or if not, besides as demanded by applicable laws.

Supply Ascend Wellness Holdings, Inc.

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