![]() Ascend Wellness Ascend Wellness Holdings is a vertically integrated cannabis cultivator, processor, and dispensary operator. | ![]() Vertical Companies Vertical Companies is a vertically-integrated multi-state operator and brand and distribution company in the medical and adult-use cannabis. | |||
Founding Date | Founding Date 2018 | Founding Date 2013 | Founding Date 2018 | Founding Date 2014 |
Type | Type Public | Type Subsidiary | Type Private | Type Private |
Tags | ||||
Locations | Locations Phoenix, US HQ Cambridge, US | Locations Ottawa, CA HQ | Locations Waltham, US HQ | Locations Agoura Hills, US HQ |
Employees | Employees 29 | Employees 822 | Employees 584% increase | Employees 41 |
Financial | ||||
Revenue (est.) | Revenue (est.) $115.6m (FY, 2024) | Revenue (est.) $191.1m (FY, 2022) | Revenue (est.) N/A | Revenue (est.) N/A |
Cost of goods | Cost of goods $95.6m (FY, 2024) | Cost of goods $283m (FY, 2022) | Cost of goods N/A | Cost of goods N/A |
Gross profit | Gross profit $20.1m (FY, 2024) | Gross profit ($32.2m) (FY, 2022) | Gross profit N/A | Gross profit N/A |
Net income | Net income ($99.7m) (FY, 2024) | Net income ($1.1b) (FY, 2022) | Net income N/A | Net income N/A |
Funding | ||||
Latest funding round | Latest funding round N/A | Latest funding round N/A | Latest funding round $ 68m (almost 6 years ago) | Latest funding round $ 58m (over 7 years ago) |
Total funding raised | Total funding raised N/A | Total funding raised N/A | Total funding raised $ 191.2m | Total funding raised $ 58m |

Ascend Wellness Holdings is a vertically integrated cannabis cultivator, processor, and dispensary operator.
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Vertical Companies is a vertically-integrated multi-state operator and brand and distribution company in the medical and adult-use cannabis.
View company