Deal Snapshot
AWH Gains Option to Acquire Cannabis Dispensaries Operator Ohio Patient Access
Monday 15 August 2022

US-based cannabis operator Ascend Wellness Holdings, Inc (CSE: AAWH.U) (OTCQX: AAWH) has entered into a definitive agreement providing AWH the option to acquire 100% of the equity of Ohio Patient Access LLC, which owns and will operate three provisionally licensed dispensaries that are in the process of being built in Cincinnati, Piqua, and Sandusky, the company said.

Exercising this option would increase AWH's footprint in Ohio to five, the maximum permitted in the state. AWH's current Ohio footprint includes two dispensaries, one in each of Coshocton and Carroll, as well as a Tier 2 cultivation facility with 2,000 square feet of canopy.

Date Published: 15/08/2022