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Ascend Wellness Holdings, Inc. (AAWH) stock intrinsic value fair value estimate & owner earnings analysis

Updated
Ascend Wellness Holdings is a vertically integrated multi-state cannabis operator. Its core business is the cultivation, processing and retail sale of cannabis products through dispensaries in medical and adult-use markets, including Illinois, New Jersey, Massachusetts, Michigan and Ohio. Because the company sells cannabis, which remains illegal under U.S. federal law, we consider it outside the range of businesses we are willing to value, and we have not produced a valuation.

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