Ascend Wellness Holdings Announces Share Purchase Made by Every Independent Director on the Board of Directors

Ascend Wellness Holdings, Inc (“AWH”, “Ascend”, or the “Company”) (CSE: AAWH.U) (OTCQX: AAWH), a multi-state, vertically integrated cannabis operator, announced that Directors, Emily Paxhia, Scott Swid, and Joseph Hinrichs, each made individual purchases of Class A Common Shares “Shares” in the open market totaling 60,352 shares between July 5th and July 6th. This follows an announcement by AWH that Abner Kurtin, CEO, 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,” said Emily Paxhia, Lead Independent Director for Ascend Wellness Holdings.

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