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Benzinga
Benzinga
Business
Nicolas Jose Rodriguez

Ascend Wellness Reports Q4 and 2021 Results: Total Revenues Increased 135% YoY

Ascend Wellness Holdings, Inc. (CSE:AAWH) (OTCQX:AAWH), a vertically integrated multi-state cannabis operator, reported its financial results late Tuesday for the fourth quarter and full-year ended December 31, 2021.

"2021 was a year marked by record sales and the achievement of many significant milestones. I am proud of the team for everything we have accomplished throughout the year. We pursued an aggressive expansion plan, opening six stores, acquiring two stores, and adding 100,000 square feet of canopy, which enabled us to achieve annual revenue growth of more than 130%,” said Abner Kurtin, CEO and founder of AWH in a press release.

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