About AWH
AWH is a company based in Cambridge (United States) founded in 2014 by Abner Kurtin.. AWH has raised $134.83 million across 5 funding rounds. The company has 2,300 employees as of December 31, 2024. AWH has completed 3 acquisitions, including Greenleaf Compassion, Ohio Cannabis Company and Ohio Patient Access. AWH operates in a competitive market with competitors including Jushi Holdings, Tilray, Verano, Curaleaf and Charlotte's Web, among others.
- Headquarter Cambridge, United States
- Employees 2300 as on 31 Dec, 2024
- Founders Abner Kurtin
- Stage Public
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ascend Wellness Holdings Llc Class A
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Annual Revenue
$561.6 M8.29as on Dec 31, 2024
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Net Profit
$-84.99 M-76.28as on Dec 31, 2024
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EBITDA
$73.5 M27.2as on Dec 31, 2024
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Total Equity Funding
$134.83 M (USD)
in 5 rounds
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Latest Funding Round
$7 M (USD), Post-IPO
Jul 05, 2023
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Investors
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Employee Count
2300
as on Dec 31, 2024
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Investments & Acquisitions
Greenleaf Compassion
& 2 more
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IPO & Listings of AWH
AWH is a publicly listed company on the CSE with ticker symbol AAWH.U in Canada, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Funding Insights of AWH
AWH has successfully raised a total of $134.83M across 5 strategic funding rounds. The most recent funding activity was a Post-IPO round of $7 million completed in July 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Post-IPO — $7.0M
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First Round
First Round
(22 Oct 2018)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Post-IPO - AWH | Valuation |
investors |
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| Jan, 2021 | Amount | Series C - AWH | Valuation |
investors |
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| Aug, 2020 | Amount | Series C - AWH | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by AWH
AWH has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Greenleaf Compassion, Ohio Cannabis Company and Ohio Patient Access. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cannabis products are dispensed through a retail operation in Coshocton.
|
2018 | ||||
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Medical needs of communities are supported through non-profit initiatives.
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2012 | ||||
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Cannabis dispensary services are provided to patients in Ohio.
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0 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - AWH
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Awh Comparisons
Competitors of AWH
AWH operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Jushi Holdings, Tilray, Verano, Curaleaf and Charlotte's Web, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Distributor of cannabis based products
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| domain | founded_year | HQ Location |
Online e-distributor offering cannabis products for medical purposes
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| domain | founded_year | HQ Location |
Cannabis products for health and wellbeing are developed and provided.
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| domain | founded_year | HQ Location |
Cannabis products are retailed through dispensaries in the United States.
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| domain | founded_year | HQ Location |
Botanical products including gummies, oils, capsules, and topicals are retailed.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Awh
Frequently Asked Questions about AWH
When was AWH founded?
AWH was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Where is AWH located?
AWH is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Who is the current CEO of AWH?
Abner Kurtin is the current CEO of AWH. They have also founded this company.
Is AWH a funded company?
AWH is a funded company, having raised a total of $134.83M across 5 funding rounds to date. The company's 1st funding round was a Series C of $68.2M, raised on Oct 22, 2018.
How many employees does AWH have?
As of Dec 31, 2024, the latest employee count at AWH is 2,300.
What is the annual revenue of AWH?
Annual revenue of AWH is $561.6M as on Dec 31, 2024.
What does AWH do?
AWH was founded in 2014 and is based in Cambridge, United States. Operations are centered on the cannabis sector, where plants and related products are supplied through various services. The company is led by Abner Kurtin as founder and CEO, Andrea Cabral as CEO, and Bob Chase as director. Focus remains on delivery of cannabis offerings within the U.S. market, supporting industry needs in cultivation and distribution.
Who are the top competitors of AWH?
AWH's top competitors include Tilray, Jushi Holdings and Verano.
Is AWH publicly traded?
Yes, AWH is publicly traded on CSE under the ticker symbol AAWH.U.
How many acquisitions has AWH made?
AWH has made 3 acquisitions, including Greenleaf Compassion, Ohio Cannabis Company, and Ohio Patient Access.
What is AWH's ticker symbol?
The ticker symbol of AWH is AAWH.U on CSE.
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