CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Current assets
Cash and cash equivalents	$ 85,676	$ 88,254
Accounts receivable, net	27,024	36,542
Inventory	84,707	89,552
Notes receivable	349	4,100
Other current assets	11,193	10,928
Total current assets	208,949	229,376
Property and equipment, net	382,402	260,461
Operating lease right-of-use assets	47,063	139,067
Intangible assets, net	196,072	205,502
Goodwill	58,453	49,599
Other non-current assets	14,990	16,426
TOTAL ASSETS	907,929	900,431
Current liabilities
Accounts payable and accrued liabilities	84,793	59,435
Current portion of debt, net	10,368	72,692
Operating lease liabilities, current	2,771	5,469
Finance lease and other lease financing liabilities, current	2,924	1,189
Income taxes payable	1,083	696
Other current liabilities	7,070	5,060
Total current liabilities	109,009	144,541
Long-term debt, net	291,104	214,421
Operating lease liabilities, non-current	60,546	267,221
Finance lease and other lease financing liabilities, non-current	261,913	20,121
Deferred tax liabilities, net	21,515	23,439
Other non-current liabilities	210,459	158,887
Total liabilities	954,546	828,630
Commitments and contingencies (Note 15)
Stockholders' Equity (Deficit)
Preferred stock, $0.001 par value per share; 10,000 shares authorized, none issued and outstanding as of December 31, 2025 and 2024, respectively (Note 12)	0	0
Additional paid-in capital	470,907	471,129
Accumulated deficit	(518,549)	(400,356)
(Deficit) equity of Ascend Wellness Holdings, Inc. common stockholders	(47,440)	70,978
Non-controlling interests	823	823
Total stockholders' (deficit) equity	(46,617)	71,801
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)	907,929	900,431
Class A common stock
Stockholders' Equity (Deficit)
Common stock	202	205
Class B common stock
Stockholders' Equity (Deficit)
Common stock	$ 0	$ 0