Ascend Wellness Shares Purchased By Every Independent Director On The Board Of Directors

Ascend Wellness Holdings, Inc. AAWH AAWH, a multi-state, vertically integrated cannabis operator, revealed that directors, Emily Paxhia, Scott Swid and Joseph Hinrichs, each made individual purchases of class A common shares in the open market totaling 60,352 shares between July 5^th and July 6^th. This follows an announcement that Abner Kurtin, chief executive officer, chairman, and founder, and Frank Perullo, president and co-founder, made purchases of AWH shares earlier this week.

"Although the fundamentals remain dislocated from valuations, the board is confident in the trajectory of the company and the industry as a whole and remains dedicated to supporting Ascend," stated Emily Paxhia, lead independent director for Ascend Wellness Holdings.

About Ascend Wellness

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 state-of-the-art cultivation facilities. AWH produces and distributes its in-house Simply Herb, Ozone, and Ozone Reserve branded products.

Photo by Mackenzie Marco on Unsplash

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