-Unveils Ascend CO-LAB for “Takeover” of social fairness in dispensaries all through February-

NEW YORK, February 1, 2024 Ascend Wellness Holdings, Inc. (“AWH” “Ascend” or “Firm”) (CSE: AAWH.U) (OTCQX: AAWH), a multi-state vertically built-in hashish operator targeted on a greater life by hashish, proudly declares the subsequent evolution of its social fairness program with the launch of “Ascend CO-LAB for social fairness”. This transfer emphasizes the Firm's dedication to selling a stronger and fairer hashish trade and cultivating relationships within the social fairness group.

To rejoice this, Ascend will unveil the Ascend CO-LAB for Social Fairness “takeover” in its shops all through the month of February, with restricted version merchandise and the launch of its “Spherical-Up” program. 100% of proceeds from unique merchandise will instantly contribute to supporting Ascend CO-LAB's Social Fairness initiatives. Moreover, by the “Spherical-Up” program, prospects can select to spherical up their receipts to contribute to the CO-LAB.

Ascend CO-LAB's mission for Social Fairness is to advertise a stronger and fairer hashish trade by collaborating and addressing social disparities from struggle to medication to drive change. The CO-LAB dedication is rooted within the imaginative and prescient of an inclusive and sustainable trade, recognizing the significance of variety, fairness and restorative justice. The CO-LAB advocates the rights and participation of all, particularly these traditionally affected, with the purpose of rectifying previous injustices by actions corresponding to deportation and decriminalization. The Ascend CO-LAB is a testomony to the Firm's unwavering religion in a standard future, marked by collective development, therapeutic and prosperity. Key initiatives embody:

  1. Mentorship Packages: In 2023, Ascend Social Fairness, now Ascend CO-LAB, instantly mentored 35 social fairness licensees and one other 65 social fairness candidates by partnerships with the Minority Hashish Academy, for a complete of 100 mentees. The main target within the mentorship is to information present and potential social fairness licensees in all facets of operating a profitable hashish enterprise.
  2. Cultural training excursions: Ascend offered 24 cultivation excursions in 2023 for social fairness license holders, providing an in-depth understanding of cultivation facility operations.
  3. Disposal Clinics and Sources: In collaboration with companions, Ascend hosted 19 restoration clinics and useful resource gala’s in 2023, serving greater than 1,200 people by offering authorized assist and important assets corresponding to psychological well being, vitamin, housing and providers work
  4. Donation: In 2023, Ascend donated greater than $300,000 to dozens of grassroots organizations and minority communities disproportionately affected by the struggle on medication. Along with these donations, in 2023, Ascend customers donated greater than $350,000 to the Final Prisoner Undertaking (LPP), representing a complete of $2.3 million in contributions to LPP along with our prospects since its inception of this system in 2021. The “Up” program, launched in the course of the takeover, will assist initiatives like these and contribute donations for grassroots organizations, supporting communities affected by unjust legal guidelines.

“We imagine that justice is a 'joint effort' and that these closest to the ache are closest to the options,” stated Danielle Drummond, Vice President of Social Fairness. Drummond continued, “That's why we go instantly into essentially the most disproportionately impacted black and brown communities to search out options. We domesticate genuine relationships by fostering seamless collaboration within the communities we serve. Collectively we will create options that higher communities, our firm, and the trade at massive. I'm excited to proceed to rework our program and embark on the subsequent step in our work to pave the way in which for a extra equitable future, one interplay at a time.

Ascend's dedication is rooted within the imaginative and prescient of an inclusive and sustainable trade, selling variety, fairness and restorative justice. The Ascension CO-LAB it’s a testomony to the unwavering religion in a standard future marked by collective development, therapeutic and prosperity.

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