Ascend Wellness Holdings, Inc. Announces Resignation of Joseph Hinrichs from the Board of Directors of the Company and the Board's the Audit Committee and Compensation and Corporate Governance Committee
September 15, 2022 at 04:49 pm IST
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On September 14, 2022 Joseph Hinrichs informed Ascend Wellness Holdings, Inc. that he will resign from the Board of Directors of the Company and the Board's the Audit Committee and Compensation and Corporate Governance Committee, effective immediately. Mr. Hinrichs' decision to resign is connected to his appointment as the Chief Executive Officer of another company and is not the result of any disagreement with the Company, the Board, or the Company's management.
Ascend Wellness Holdings, Inc. is a vertically integrated multi-state cannabis operator. The Company is focused on operating in adult-use or near-term adult-use states in primarily limited license markets. It is engaged in cultivation, manufacturing, and distribution of cannabis consumer packaged goods, which are sold through Company-owned retail stores and to third-party licensed retail cannabis stores. The Company has licenses and assets in Illinois, Massachusetts, Maryland, Michigan, New Jersey, Ohio, and Pennsylvania. It produces and distributes its in-house Common Goods, Simply Herb, Ozone, Ozone Reserve, Royale, and Tunnel Vision branded products. The Company operates cultivation facilities in six states with approximately 245,000 square feet of total canopy. Common Goods is a no-frills brand that offers high value cannabis for everyday consumption. The brand comes in flower and pre-rolls. Ozone Reserve comes in exotic flower, refined concentrates, purified oils, and vapes.
Ascend Wellness Holdings, Inc. Announces Resignation of Joseph Hinrichs from the Board of Directors of the Company and the Board's the Audit Committee and Compensation and Corporate Governance Committee
ASCEND WELLNESS HOLDINGS, INC. 
