Enters into Agency Agreement to Issue $15 Million of Senior Secured Notes

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Summary

We are well positioned with the resources necessary to expand our presence in our core markets though our densification initiative that will maximize the value of our existing assets," said Sam Brill, Chief Executive Officer. "This strategy includes the planned opening of an additional 20 doors in the mid-term, increasing our total network retail footprint by approximately 50%. We are proud of the confidence and support our lenders have shown for our business as we optimize our infrastructure and implement operational efficiencies to deliver improved profit margins, position our Company for sustainable cash flow generation, and create long-term value for our shareholders. AWH owns and operates state-of-the-art cultivation facilities, growing award-winning strains and producing a curated selection of products for retail and wholesale customers. We caution investors that any such forward-looking statements are based on certain assumptions and analyses made by the Company in light of the experience of the Company and its perception of historical trends, current conditions and expected future developments, and other factors management believes are appropriate.Forward-looking statements involve and are subject to assumptions and known and unknown risks, uncertainties, and other factors which may cause actual events, results, performance, or achievements of the Company to be materially different from future events, results, performance, and achievements expressed or implied by forward-looking statements herein.

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