AWH celebrates the opening of its second medical pharmacy in Pennsylvania

Rising up wayne expands MSO’s presence in Keystone State with an additional dispensary

NEW YORK, November 18, 2022 /PRNewswire/ – Rise Wellness Holdings, Inc. (“AWH” or the “Company”) (CSE: AAWH.U) (OTCQX: AAWH), a vertically integrated multi-state cannabis operator focused on improving life through cannabis, announced the opening of its Ascend Wayne Dispensary for medicinal cannabis, located at 745 Lancaster Avenue.

Rising up wayne is started softly Saturday 19 Nov and celebrates its grand opening Tuesday, November 22, 2022. Similar to the company’s first location in Pennsylvania, Ascend Scranton, Ascend Wayne will be an outlet dispensary offering daily low prices and a range of affordable products with the goal of helping patients from all backgrounds integrate premium cannabis into their lives. Patients have access to a selection of best-selling vaporizers, concentrates, whole flower products, pre-rolls, supplements, topicals and accessories.

Located in a lively suburb of Philadelphia, Ascend Wayne will provide superior service to medical patients in the region. Rising up wayne has more than 1,600 square meters of retail space; six POS stations for smooth shopping; and a private consultation room for meetings with on-site healthcare professionals. The site also has 55 parking spaces, including two ADA spaces.

“The main line of Pennsylvania is a vibrant, busy community and an incredible place for Ascend to put down roots while the state’s medicinal cannabis market expands,” he said Daniel Neville, Interim Co-CEO and Chief Financial Officer. “As an outlet with a variety of affordable options, Ascend Wayne offers cannabis products that are both accessible and of high quality. The Ascend team looks forward to establishing our second presence in Pennsylvania and hopes that our momentum in the state will continue as we welcome more patients into our pharmacies.”

Rising up wayne is open from 8 a.m. to 8 p.m daily and no appointment is required.

About AWH:
AWH is a vertically integrated operator with assets in Illinois, Michigan, Ohio, Massachusetts, New Jerseyand Pennsylvania. AWH owns and operates state-of-the-art cultivation facilities, grows award-winning strains and produces a curated selection of products. AWH manufactures and sells its own branded products Ozone, Ozone Reserve and Simply Herb. Visit www.awholdings.com for more information.

Forward-Looking Statements
This press release contains forward-looking information and statements, which may include, among other things, information and statements regarding the Company’s plans, intentions, expectations, estimates and beliefs. Words such as “expect”, “continue”, “will”, “anticipate” and “intend” or similar expressions are intended to identify forward-looking statements. These forward-looking statements are based on the Company’s current projections and expectations of future events and financial trends and on certain assumptions and analyzes made by the Company in light of the Company’s experience and perception of historical trends, current conditions and anticipated future developments and other factors management believes to be reasonable.

Forward-looking information and statements include and are subject to assumptions, known and unknown risks, uncertainties and other factors that may cause actual events, results, performance or achievements of the Company to differ materially from any future events, results, performance, or achievements indicated by the forward-looking information and statements expressed or implied herein. These factors include, among others: The risks and uncertainties discussed in the Company’s Annual Report on Form 10-K for the current year December 31, 2021, and the Company’s other reports and filings with the relevant Canadian securities regulators and the US Securities and Exchange Commission. Although the Company believes that all of the forward-looking information and statements contained herein are reasonable, given the use of assumptions and the significant risks and uncertainties inherent in such information and statements, no assurance can be given that such forward-looking information and statements are accurate will prove to be accurate and accordingly, readers are advised to rely on their own assessment of such risks and uncertainties and not to place undue reliance on such forward-looking information and statements. All forward-looking information and statements contained herein are made as of the date of this release and, except as required by applicable law, the Company assumes no obligation and disclaims any intention to update or revise any forward-looking information and statements herein, or to update the reasons why actual events or results may or do differ from the forward-looking information and statements contained herein, whether as a result of new information, future events or results or otherwise, except as required by applicable law.

The CSE has not reviewed, approved or disapproved the contents of this press release.

SOURCE Ascend Wellness Holdings, Inc.

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