Ascend Wellness' 20.1% Wholesale Growth, Wider Net Loss In Q3
Ascend Wellness reported Q3 revenue amounted to $141.6 million, up 0.3% year-over-year and 0.1% quarter-over-quarter. Q3 net loss was $28.3 million, compared to a net loss of $11.2 million in the third quarter of 2023 and $21.8 million in the prior period. It also initiated cost-saving measures to reduce expenditures by $30 million in 2025.
