Ascend Wellness Holdings, LLC (CNSX:AAWH.U) is looking for future merger and acquisition transactions. Ascend at a public offering price per share of $8 (U.S.), for total gross proceeds of $80-million (U.S.). Ascend intends to use the net proceeds from the offering to primarily finance certain transactions related to the company's planned investments in New York and Ohio, capital expenditures, and the remainder for future merger and acquisition transactions, general administration, tax liabilities, working capital, and general corporate purposes.
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.
ASCEND WELLNESS HOLDINGS, INC. 
