Vertically integrated multi-state operator
Ascend Wellness Holdings, Inc. (CSE:AAWH) has tapped Joe Hinrichs to its board of directors.
Hinrichs is a former president of automotive at Ford Motor Company, where he spent 19 years in several different leadership positions.
He also worked for General Motors for over a decade and the Chicago-based private investment group Ryan Enterprises Group, where he was a partner and senior vice president.
“Adding a distinguished leader of a Fortune 500 company to our Board represents a milestone for Ascend and the industry,” Abner Kurtin, AWH founder and CEO, said Tuesday.
The New York-based company also reported its financial results for the first quarter of 2021, revealing a 21.8% sequential increase in revenue.