Evelyn Capital, LLC and Big Plan Holdings acquired Medical cannabis retail operation in Monaca, Pennsylvania from Ascend Wellness Holdings, Inc. (CNSX:AAWH.U) for $3.3 million.
August 22, 2023
Share
Evelyn Capital, LLC and Big Plan Holdings acquired Medical cannabis retail operation in Monaca, Pennsylvania from Ascend Wellness Holdings, Inc. (CNSX:AAWH.U) for $3.3 million on August 23, 2023.
Evelyn Capital, LLC and Big Plan Holdings completed the acquisition of Medical cannabis retail operation in Monaca, Pennsylvania from Ascend Wellness Holdings, Inc. (CNSX:AAWH.U) on August 23, 2023.
Ascend Wellness Holdings, Inc. is a vertically integrated multi-state cannabis operator. The Company is focused on operating in adult-use or near-term adult-use states in primarily limited license markets. It is engaged in cultivation, manufacturing, and distribution of cannabis consumer packaged goods, which are sold through Company-owned retail stores and to third-party licensed retail cannabis stores. The Company has licenses and assets in Illinois, Massachusetts, Maryland, Michigan, New Jersey, Ohio, and Pennsylvania. It produces and distributes its in-house Common Goods, Simply Herb, Ozone, Ozone Reserve, Royale, and Tunnel Vision branded products. The Company operates cultivation facilities in six states with approximately 245,000 square feet of total canopy. Common Goods is a no-frills brand that offers high value cannabis for everyday consumption. The brand comes in flower and pre-rolls. Ozone Reserve comes in exotic flower, refined concentrates, purified oils, and vapes.
Evelyn Capital, LLC and Big Plan Holdings acquired Medical cannabis retail operation in Monaca, Pennsylvania from Ascend Wellness Holdings, Inc. (CNSX: AAWH.U) for $3.3 million.