Ascend Wellness (OTCMKTS:AAWH) reported first-quarter 2026 results that management said came in ahead of its guidance, as the cannabis operator pointed to improving retail mix, higher vertical sales and new store growth despite weaker post-holiday demand and weather disruptions.
Chief Executive Officer and Director Sam Brill said the quarter reflected “resilience” in a difficult operating environment marked by “atypical seasonality and continued industry headwinds.” Chief Financial Officer Roman Nemchenko said the company generated $116.0 million in net revenue, down $3.6 million, or 3%, from the fourth quarter of 2025.
