2024-07-21 23:32:58 ET
Summary
- Ascend Wellness's outlook has improved with strong Q1 results, increasing revenue, and adjusted EBITDA projections for 2024 and 2025.
- The Company extended its debt due in 2025, securing lenders, and closing a deal with a maturity date of 2029.
- The potential rescheduling of cannabis and the elimination of the 280E tax could benefit AAWH, making it a very inexpensive investment opportunity with significant upside potential.
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Ascend Wellness Is A Fantastic Opportunity For Cannabis Investors