Ascend Wellness Holdings Secures $9.3 Million Mortgage Financing for Ohio Properties with CF Bank
Reuters
Sep 30, 2025
Ascend Wellness Holdings Secures $9.3 Million Mortgage Financing for Ohio Properties with CF Bank
**Ascend Wellness Holdings Secures $9.3 Million Mortgage Financing in Ohio** Ascend Wellness Holdings Inc. $(AWH)$, a leading multi-state cannabis operator, has closed a $9.3 million secured mortgage financing agreement with CF Bank. The transaction, finalized on September 12, 2025, is backed by AWH-owned real estate in Cincinnati, Sandusky, and Piqua, Ohio. The loan carries an annual interest rate of 8.5% and matures in September 2030. AWH CEO Sam Brill stated that the financing strengthens the company's balance sheet while supporting growth opportunities and value delivery for shareholders in Ohio's emerging cannabis market.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ascend Wellness Holdings Inc. published the original content used to generate this news brief via CNW (Ref. ID: C4482) on September 30, 2025, and is solely responsible for the information contained therein.
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