 Four-Year Term Bears Interest at 9.5 Refinances Existing Debt Lowering Cost of Capital Strengthens Balance Sheet to Support Investment Towards U.S. Growth Strategy NEW YORK, Aug. 30, 2021 PRNewswire - Ascend Wellness Holdings, Inc. AWH or the Company CSE: AAWH.U OTCQX: AAWH, a leading multi-state, vertically integrated cannabis operator, today announced it has closed on a US210 million Senior Secured Term Loan the Term Loan with Seaport Global Securities LLC as lead manager. AWH intends to use the proceeds to i repay substantially all of the Companys debt excluding approximately US12 million of outstanding acquisition payments with near zero interest rates, ii finance the Companys pending investment in MedMen NY, Inc. and iii support the Companys future growth and acquisition initiatives. 