3 Reasons I'm Bullish On Ascend
Ascend's expanding footprint, combined with cheap valuation and bearish sentiment presents an opportunity for investors with high risk tolerances and a long time horizon.
Ascend Wellness Holdings is a diversified multi-state operator in US cannabis markets and a member of the Green Giants portfolio. The firm was founded by Abner Kurtin, a lifelong investor and former Managing Director of Baupost Group, a legendary hedge fund.
I am excited about their new assets turning on in 2022, including prime retail locations in New Jersey, a key market opening soon for adult-use sales. Ascend's expanding footprint, combined with cheap valuation and bearish sentiment presents an opportunity for investors with high risk tolerances and a long time horizon.
The full article is free to read on Seeking Alpha. Here's the link. Stayed tuned for my interview with Ascend CEO Abner Kurtin early next week.
