Ascend Wellness Holdings Announces Partnership With Mister Jones in New Jersey

Core Insights - Ascend Wellness Holdings, Inc. has announced a partnership with Mister Jones, LLC to open a new cannabis dispensary in New Jersey, marking a significant milestone under the state's Assembly Bill A4151 [1][3] - The dispensary is set to open on December 19, 2025, and will focus on providing education and accessibility in the cannabis shopping experience [1][5] Company Overview - Ascend Wellness Holdings, Inc. is a vertically integrated cannabis operator with assets across multiple states, including Illinois, Maryland, Massachusetts, Michigan, New Jersey, Ohio, and Pennsylvania [6] - The company produces and distributes a variety of cannabis products under several brands, including Simply Herb, Ozone, and Royale [6] Partnership Details - The partnership with Lerone Jones, a long-time advocate for adult-use cannabis, aims to enhance investment opportunities for diversely-owned businesses in the cannabis sector [1][2] - Ascend will provide funding, product flow, and operational support to ensure the success of the new dispensary [1][3] Social Equity Commitment - Ascend is committed to social equity in the cannabis industry, demonstrated through initiatives like the CO-LAB for Social Equity, which focuses on restorative justice and community reinvestment [4] - The company aims to create pathways to success for minority-owned businesses through mentorship and funding [4]