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Is multistate cannabis operator Ascend Wellness up for sale?

Abner Kurtin

Abner Kurtin, a former CEO of multistate cannabis operator Ascend Wellness Holdings, is no longer giving interviews since transitioning to the executive chair role only days before a battery charge was dropped against him late last month.

But in a statement sent to MJBizDaily via text, he made it clear that shareholder value is top of mind.

What’s less clear is how New York-based Ascend plans to proceed to increase that value.

“As the largest shareholder, I believe the industry is consolidating and AWH is too small to be independent long-term and the board will seek any and all opportunities to achieve shareholder value,” he said.

Ascend Wellness trades as AAWH.U on the Canadian Securities Exchange and as AAWH on the U.S. over-the-counter markets.

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With 1.8 million shares, according to Yahoo Finance’s Insider Roster, Kurtin might not be the largest shareholder, but he still has a

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