Ascend Cannabis

Name

Ascend Cannabis

Legal name

Ascend Cannabis Co.

Website

https://ascendcannabisco.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Cannabis Retail Dispensary

NAICS

Tobacco, Electronic Cigarette, and Other Smoking Supplies Retailers (459991)

SIC

Retail-Drug Stores And Proprietary Stores (5912)

akta.pro primary industry

Cannabis Dispensary + Ancillary Retail (Accessories, CBD/Hemp, Merchandise) (CRANAFAH)

akta.pro secondary industries

Medical Cannabis Dispensaries (CRANAFAB), Cannabis Subscription & Membership Delivery Programs (CRANAGAI)

Keywords

• Cannabis dispensary retail
• Medical cannabis sales
• Recreational cannabis products
• Living soil cultivation
• Cannabis concentrates retail

Headquarters

HQ city

Denver

HQ country

United States

HQ region

North America

Offices8 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Recreational Cannabis Retail: Direct retail sales of cannabis flower, edibles, concentrates, and related products to recreational consumers aged 21+ in Colorado.
2. Medical Cannabis Retail: Retail sales to medical marijuana card holders with membership benefits including 20% off flower and concentrates and 10% off other items. Medical members may assign plant cultivation to the dispensary.
3. Medical Membership Program: Ongoing membership program for medical cannabis patients providing discounted pricing on products. Members receive sign-up bonuses such as 1/8th flower for a penny or 1 gram of Infinite wax for a penny.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Ascend Cannabis Co. is a Colorado-based cannabis dispensary chain that cultivates its own cannabis using a sustainable, living soil, no-till method in greenhouses powered by the Colorado sun, and sells recreational and medical cannabis through four physical dispensary locations in Denver, Lakewood, Littleton, and Buena Vista. Its product mix includes flower, edibles, concentrates, topicals, and rigs, supported by online ordering for in-store pickup and a medical membership benefits program offering recurring discounts and sign-up bonuses.

Product overview

Ascend Cannabis Co. is a Colorado-based cannabis dispensary operating four retail locations (Denver, Littleton, Lakewood, and Buena Vista) serving both recreational and medical marijuana customers. The company cultivates its own cannabis using sustainable living soil methods and chemical-free practices powered by Colorado sun. Its product portfolio consists of six core product categories: Flower (cannabis buds), Edibles (cannabis-infused food products), Concentrates (including the named Infinite Infusions Wax product), Topicals (cannabis-infused topical treatments), and Rigs (dabbing accessories). The company emphasizes its 99% vegan, sustainable, and earth-friendly growing practices as the foundation of its product quality.

Differentiator

Problem solved

Functional benefit

Products and services

• Flower Cannabis flower (buds) grown in-house using the company's living soil, no-till, Colorado-sun greenhouse method, sold at retail across all four Colorado dispensary locations to both recreational (21+) and medical card-holding consumers.
• Edibles Cannabis-infused edible products sold at Ascend's dispensaries for recreational and medical consumers in Colorado.
• Concentrates Cannabis concentrate products, including the in-house Infinite Infusions Wax line, sold at Ascend's Colorado dispensaries for recreational and medical consumers.
• Infinite Infusions Wax A specific Ascend-branded cannabis concentrate wax product featured in the medical membership sign-up bonus (1 gram for a penny).
• Topicals Cannabis-infused topical products for external application, sold at Ascend's dispensaries to recreational and medical consumers.
• Rigs Cannabis consumption devices (dabbing rigs) sold at Ascend's dispensaries as an accessory to cannabis concentrates.
• Medical Member Benefits Program Recurring membership program for Colorado medical marijuana card holders providing 10% off flower and Infinite Infusions concentrates, additional discounts on topicals, edibles, and rigs, plus a $20 sign-up bonus (with options such as 1/8th of flower or 1 gram of Infinite wax for a penny). Members can also assign plant cultivation to Ascend.

Quantifiable outcome

• 35% less coal power than indoor grows
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators2 records

Expansion highlights4 records

Broad incumbents

• Trulieve Cannabis Corp. Large multi-state cannabis operator with dispensary and cultivation operations across numerous U.S. legal markets, representing the broader incumbent competitive set Ascend faces.
• Green Thumb Industries: Large multi-state cannabis operator (MSO) with retail presence in Colorado and many other states, offering a much broader portfolio but overlapping directly with Ascend's dispensary and cultivation activities.
• Curaleaf Holdings: National multi-state cannabis operator with dispensaries and cultivation across many U.S. states including Colorado, comparable product categories but vastly larger scale and geographic reach.

Direct peers

• The Green Solution: Large Colorado cannabis dispensary chain with multiple Denver-area and statewide locations offering medical and recreational products, directly comparable to Ascend's footprint and retail model.
• Native Roots: Colorado-based multi-location cannabis dispensary chain operating both medical and recreational stores in the same Denver metro and mountain markets as Ascend, with comparable product mix (flower, edibles, concentrates).
• Green Dragon Cannabis: Colorado cannabis dispensary chain operating multiple storefronts across the Denver metro and statewide markets, with comparable medical/recreational dual-license format.
• LivWell Enlightened Health: Multi-location Colorado cannabis retailer with both medical and recreational dispensaries, overlapping with Ascend's Denver metro footprint and customer base.
• Cookies Cannabis: Cannabis retail brand operating dispensaries in multiple legal states including Colorado, serving a comparable adult-use customer base with flower, edibles, and concentrates.
• Medicine Man Technologies: Colorado-headquartered vertically integrated cannabis operator with dispensary locations and cultivation, comparable to Ascend's combined retail and proprietary cultivation model.
• Star Buds: Colorado-based cannabis dispensary chain with multiple locations across the state serving both medical and recreational customers, similar in scale and geography to Ascend.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/ascendcannabis
• Facebookfacebook.com/ascendcannaco
• Instagraminstagram.com/ascendcannabisco/?hl=en
• LinkedInlinkedin.com/company/ascend-cannabis-co

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ascend Cannabis