ascend wellness holdings inc aawh aawh net revenue in 2022 which excludes intercompany sale of wholesale products increased 221 yearoveryear to 4059 million driven by an increase in retail sales particularly in new jersey and an increase in third party wholesale sales in new jersey and massachusetts   net revenue which excludes intercompany sale of wholesale products increased 08 quarteroverquarter to 1121 million and increased 267 yearover year   gross profit was 415 million or 370 of revenue as compared to 366 million or 329 of revenue in q3 2022   net loss of 151 million compared to net loss of 169 million in q3 2022   adjusted ebitda margin was 251 a 18 basis point increase compared to the prior quarter and a 282 basis point increase compared to prior year   as of december 31 2022 cash and cash equivalents were 741 million and net debt which equals total debt less unamortized deferred financing costs less cash and cash equivalents was 2565 million   net loss of 809 million compared to net loss of 1227 million for fy 2021   gross profit was 1346 million or 331 of revenue compared to 1360 million or 409 of revenue for the prior year   adjusted ebitda margin was 230 a 93 basis point decrease compared to the prior year abner kurtin executive chair of awh stated we are thrilled to report recordbreaking results for fiscal year 2022 our growth represented leadership in the industry with revenue increasing 22 to 406 million and adjusted ebitda increasing 17 to 93 million the team worked hard to achieve several significant accomplishments including the successful transition of new jersey to adultuse sales expansion into a new market in pennsylvania and the optimization of our existing retail and wholesale footprints the most successful cannabis business event in the world the benzinga cannabis capital conference returns to miami for its 16th edition this is the place where deals get done where money is raised ma starts and companies meet investors and key partners join us at the fontainebleau miami beach hotel in florida on april 1112 don’t miss out secure your tickets now prices will surge very soon photo benzinga edit with photo by kindel media on pexels