I hosted a Twitter Spaces with Abner Kurtin, CEO of Ascend Wellness Holdings. For those not familiar, Spaces are audio-only conversation that takes place live and can be recorded.
Ascend is a member of the Green Giants portfolio and one of my favorite US multi-state operators. This was a timely conversation, as Ascend reported strong second-quarter earnings that beat the street and led some analysts to raise guidance.
We discuss what drove the strong second quarter with an emphasis on New Jersey. Ascend had one New Jersey store open during the second quarter and will be turning on two more stores in the third quarter. We also cover what happened with their deal for MedMen's New York assets and opportunities for federal progress. The conversation concludes with Abner sharing what factors he would consider when building a cannabis-investment portfolio.
The recording will play in the background and might work well next time you take the dog for a walk or need something for the drive to work. Abner's a fun interview; I hope you enjoy the conversation. It's available here and on my Twitter below. (Note: it starts about five minutes into the recording)