05:14 PM EST, 12/27/2024 (MT Newswires) -- Ascend Wellness Holdings (AAWH.CN), a cannabis retailer, after trade Friday announced a share buyback program authorized by its board of directors.

Starting Jan. 2, the company can repurchase up to about 10.2 million class A common shares, or up to $2.25 million worth of shares, whichever is smaller.

The shares may be bought on the Canadian Securities Exchange, OTCQX, or other platforms. Purchases will be made through ATB Securities. The buyback program will end on Jan. 1, 2026, but can be modified or canceled at any time, the company added.