Ascendwellness
OTC: AAWHMorristown, US · Delaware corporation · 2 known investors
Ascend Wellness Holdings is a vertically integrated cannabis company that cultivates, manufactures, and retails cannabis products through company-owned and partner-operated stores across the U.S., with operations concentrated in limited-license markets in the Northeast and Midwest regions.
Founders & leadership
AK
Abner KurtinFounder
RN
Roman NemchenkoExecutive
SB
Samuel BrillExecutive
FP
Frank PerulloNamed on SEC filing
Board
SS
Scott SwidBoard director
EP
Emily PaxhiaManager
JG
Josh GoldBoard director
JH
John HartmannBoard director
JF
Julie FrancisBoard director
Investors · 2
Reported raises · per SEC filings
Form D private placements$209.4M disclosed across 8 of 9 rounds · 2018–2025
▶$50MraisedJun 2025 · 4 investors · OtherRule 506(b)
▶$50MraisedJun 2025 · 4 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Abner KurtinExecutive Officer, Director
- Frank PerulloExecutive Officer, Director
- Josh GoldDirector
- Roman NemchenkoExecutive Officer
- Julie FrancisDirector
- Scott SwidDirector
- Samuel BrillExecutive Officer, Director
- Offering amount
- $50M
- Amount sold
- $50M
- Sales commissions
- $250K
- Placement agents
- Seaport Global Securities LLC
- First sale
- May 2025
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$15MraisedJan 2025 · 4 investors · OtherRule 506(b)
▶$15MraisedJan 2025 · 4 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Scott SwidDirector
- Josh GoldDirector
- Abner KurtinExecutive Officer, Director
- John HartmannDirector
- Julie FrancisDirector
- Roman NemchenkoExecutive Officer
- Frank PerulloDirector
- Samuel BrillExecutive Officer, Director
- Offering amount
- $15M
- Amount sold
- $15M
- Sales commissions
- $50K
- Placement agents
- Seaport Global Securities LLC
- First sale
- Jan 2025
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$7MraisedJul 2023 · 1 investors · OtherRule 506(b)
▶$7MraisedJul 2023 · 1 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Abner KurtinExecutive Officer, Director
- Samuel BrillDirector
- Daniel NevilleExecutive Officer
- Josh GoldDirector
- Scott SwidDirector
- Francis PerulloDirector
- John HartmannExecutive Officer, Director
- Offering amount
- $7M
- Amount sold
- $7M
- First sale
- Jun 2023
- Incorporated
- Corporation, Delaware, 2018
- Federal exemptions
- 06b
▶$9.7MofferedJul 2022 · 5 investors · OtherRule 506(b)
▶$9.7MofferedJul 2022 · 5 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Robin DebiaseExecutive Officer
- Scott SwidDirector
- Daniel NevilleExecutive Officer
- Chris MelilloExecutive Officer
- Francis PerulloExecutive Officer, Director
- Emily PaxhiaDirector
- Abner KurtinExecutive Officer, Director
- Joseph HinrichsDirector
- Offering amount
- $9.7M
- Incorporated
- Corporation, Delaware, 2018
- Federal exemptions
- 06b
▶$42.8MraisedApr 2022 · 3 investors · OtherRule 506(b)
▶$42.8MraisedApr 2022 · 3 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Francis PerulloExecutive Officer, Director
- Abner KurtinExecutive Officer, Director
- Chris MelilloExecutive Officer
- Joseph HinrichsDirector
- Daniel NevilleExecutive Officer
- Emily PaxhiaDirector
- Robin DebiaseExecutive Officer
- Scott SwidDirector
- Offering amount
- $42.8M
- Amount sold
- $42.8M
- First sale
- Apr 2022
- Incorporated
- Corporation, Delaware, 2018
- Federal exemptions
- 06b
▶$40.7MraisedJan 2021 · 11 investors · OtherRule 506(b)
▶$40.7MraisedJan 2021 · 11 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Abner KurtinExecutive Officer, Director
- Frank PerulloExecutive Officer, Director
- Christopher LeavyDirector
- Emily PaxhiaDirector
- Scott SwidDirector
- Offering amount
- $49.5M
- Amount sold
- $40.7M
- First sale
- Jan 2021
- Incorporated
- Limited Liability Company, Delaware, 2018
- Federal exemptions
- 06b
▶$17.2MraisedJun 2019 · 9 investors · OtherRule 506(b)
▶$17.2MraisedJun 2019 · 9 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Christopher LeavyDirector
- Emily PaxhiaDirector
- Scott SwidDirector
- Frank PerulloDirector
- Abner KurtinDirector
- Offering amount
- $35M
- Amount sold
- $17.2M
- First sale
- Jun 2019
- Incorporated
- Limited Liability Company, Delaware, 2018
- Federal exemptions
- 06b
▶$28MraisedMar 2019 · 26 investors · OtherRule 506(b)
▶$28MraisedMar 2019 · 26 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Emily PaxhiaDirector
- Scott SwidDirector
- Abner KurtinDirector
- Frank PerulloDirector
- Christopher LeavyDirector
- Offering amount
- $38M
- Amount sold
- $28M
- First sale
- Mar 2019
- Incorporated
- Limited Liability Company, Delaware, 2018
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Frequently asked questions
- What does Ascendwellness do?
- Ascend Wellness Holdings is a vertically integrated cannabis company that cultivates, manufactures, and retails cannabis products through company-owned and partner-operated stores across the U.S., with operations concentrated in limited-license markets in the Northeast and Midwest regions.
- Who founded Ascendwellness?
- Ascendwellness was founded by Abner Kurtin.
- Who are Ascendwellness's investors?
- Ascendwellness's investors include Salveo Capital, JM10.
- How much funding has Ascendwellness raised?
- Ascendwellness has disclosed $209.4M raised across 8 of its 9 known rounds.
- Where is Ascendwellness headquartered?
- Ascendwellness is headquartered in Morristown, US.