Ascend Wellness Holdings Announces Opening of New Dispensary in Englewood, Expanding Ohio Footprint

Englewood, Ohio dispensary to serve medical patients and non-medical customers

NEW YORK, Jan. 14, 2026 /CNW/ - Ascend Wellness Holdings, Inc. ("AWH," "Ascend," or the "Company") (CSE: AAWH.U) (OTCQX: AAWH), a multi-state, vertically integrated cannabis operator, today announced the opening of its newest Ohio dispensary located in Englewood, Ohio at 7701 Hoke Road, Englewood, Ohio 45315. The dispensary will begin welcoming medical patients and non-medical customers today, followed by a grand opening on January 16.

The new location expands Ascend's growing retail footprint in Ohio, reinforcing the Company's continued investment in the state's regulated cannabis market. Ascend currently operates dispensaries across Ohio, including locations in Piqua, Cincinnati, Sandusky, Coshocton, and Carroll, and remains focused on delivering safe access, quality products, and a patient- and customer-focused retail experience to communities throughout the state.

To celebrate the new storefront, Ascend plans to host a grand opening event on January 16, inviting patients, customers and members of the local community to explore the new dispensary, meet the local team, and learn more about Ascend's curated selection of cannabis products.

The Englewood dispensary features a modern retail layout designed to deliver an efficient and welcoming shopping experience. Patients and customers will have access to a wide assortment of flower, vapes, edibles, concentrates, and other cannabis products from leading brands, including Ascend's in-house portfolio featuring Ozone Reserve and Simply Herb pre-rolls. Purchases can be made in-store or online for pickup, supported by a knowledgeable team of expertly trained budtenders. 

"As Ohio's cannabis market continues to take shape, expanding our retail presence allows us to better serve patients and customers across the state," said Sam Brill, Chief Executive Officer & Director of AWH. "We're excited to open this new location and look forward to becoming part of the Englewood community."

Ascend patients and customers can also join the free, newly revamped Ascenders Club loyalty program, where purchases and in-store deals become even more rewarding. Patients and customers can sign up in-store or online at www.letsascend.com.

Ascend Englewood operates daily from 8:00 a.m. to 11:00 p.m., serving both medical patients and non-medical customers. For more information about Ascend and its dispensaries, visit www.awholdings.com.

About Ascend Wellness Holdings, Inc.
AWH is a vertically integrated cannabis operator with assets in Illinois, Maryland, Massachusetts, Michigan, New Jersey, Ohio and Pennsylvania. AWH owns and operates state-of-the-art cultivation facilities, growing award-winning strains and producing a curated selection of products for retail and wholesale customers. AWH produces and distributes its in-house Simply Herb, Ozone, Ozone Reserve, High Wired, Effin', Common Goods, and Royale branded products. For more information about AWH, visit www.awholdings.com.

Cautionary Note Regarding Forward-Looking Information

This news release includes forward-looking information and statements (together, "forward-looking statements"), which may include, but are not limited to, the plans, intentions, expectations, estimates, and beliefs of the Company. Words such as "expects", "continue", "may", "will", "anticipates", and "intends" or similar expressions are intended to identify forward-looking statements. Without limiting the generality of the preceding statement, all statements in this press release relating to estimated and projected revenue, expectations regarding production capacity, anticipated capital expenditures, expansion, profit, product demand, margins, costs, cash flows, sources of capital, growth rates, potential acquisitions, closing dates for transactions, regulatory approvals, future facility openings, and, enhancing shareholder value, reducing downward pressure on the stock, and future financial and operating results are forward-looking statements.

We caution investors that any such forward-looking statements are based on the Company's current projections and expectations about future events and financial trends, the receipt of all required regulatory approvals, and on certain assumptions and analysis made by the Company in light of the experience of the Company and perception of historical trends, current conditions, and expected future developments and other factors management believes are appropriate.

Forward-looking statements involve and are subject to assumptions and known and unknown risks, uncertainties, and other factors which may cause actual events, results, performance, or achievements of the Company to be materially different from future events, results, performance, and achievements expressed or implied by forward-looking statements herein. Such factors include, among others, the risks and uncertainties identified in the Company's most recently filed Annual Report on Form 10-K, as updated in subsequently filed Quarterly Reports on Form 10-Q, as applicable, and in the Company's other reports and filings with the applicable Canadian securities administrators on its profile on SEDAR+ at www.sedarplus.ca and the SEC on its profile on EDGAR at www.sec.gov. Although the Company believes that any forward-looking statements herein are reasonable, in light of the use of assumptions and the significant risks and uncertainties inherent in such statements, there can be no assurance that any such forward-looking statements will prove to be accurate, and accordingly readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance upon such forward-looking statements. Any forward-looking statements herein are made as of the date hereof, and except as required by applicable laws, the Company assumes no obligation and disclaims any intention to update or revise any forward-looking statements herein or to update the reasons that actual events or results could or do differ from those projected in any forward-looking statements herein, whether as a result of new information, future events or results, or otherwise, except as required by applicable laws. No securities regulator nor the Canadian Securities Exchange has reviewed, approved, or disapproved the content of this press release.

SOURCE Ascend Wellness Holdings, Inc.

MATTIO Communications, [email protected]