Dividends & Buybacks ·
Ascend Wellness Holdings reported Q2 2026 net revenue of $126.1 million, a 7.9% sequential increase from Q1's $116.9…
AAWHAscend Wellness Holdings, Inc.
Ascend Wellness Holdings reported Q2 2026 net revenue of $126.1 million, a 7.9% sequential increase from Q1's $116.9 million, driven by an 11.5% rise in retail sales to $92.7 million. Adjusted EBITDA grew 10.5% sequentially to $29.1 million with a margin of 23.1%, while net loss narrowed significantly to $9.8 million from $29.5 million in Q1. The company expanded its retail footprint to 55 locations and filed a definitive proxy statement for a reverse stock split, with a shareholder vote scheduled for August 28, 2026, to facilitate an uplisting to a major U.S. exchange. Ascend Wellness Holdings is a multi-state, vertically integrated cannabis operator and consumer packaged goods company.