AWH Closes $9.3 Million Mortgage Financing on Three Ohio Properties
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 30 2025
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Source: PRnewswire
Financing Transaction: Ascend Wellness Holdings, Inc. secured a $9,345,000 mortgage loan from CF Bank, secured by real estate in Ohio, with an interest rate of 8.5% and a maturity date in September 2030.
Strategic Positioning: The CEO emphasized that this financing strengthens AWH's balance sheet and positions the company for growth in Ohio's cannabis market while enhancing shareholder value.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
