Ascend Wellness Closes $11 Million in Mortgage Loans With CF Bank

• Ascend Wellness Holdings closed non-dilutive mortgage loans with CF Bank, providing gross proceeds of $11 million.
• The loans bear interest at 8.5% annually and mature in October 2031.
• Collateral comprises five company-owned properties across Illinois, Maryland and Massachusetts.
• Proceeds will support retail expansion and potential accretive acquisitions.

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: 202611030800CANADANWCANADAPR_C8735) on November 03, 2026, and is solely responsible for the information contained therein.