Ascend Wellness Holdings, Inc.

Good evening and thank you for standing by. Welcome to AWH's first quarter 2023 earnings call. I would like to hand the conference over to your first speaker today, Rebecca Quar, Head of Investor Relations. Please go ahead.

Good evening and welcome to Ascend Wellness Holdings earnings call for the first quarter of 2023. The presentation that accompanies this call can be found on our website. www.awholdings.com slash investors. Before we proceed, I would like to remind you that there are several risk factors and other cautionary statements contained in our SEC and CDAR filings, including our annual report on Form 10-K for the year ending December 31st, 2022. We will not review those risk factors and other cautionary statements on this call. However, we encourage you to read them carefully. Various remarks on this call concerning expectations, predictions, plans, and prospects constitute forward-looking statements or information. These forward-looking statements or information are subject to risks and uncertainties that may cause actual results to differ from historical or anticipated results. Any forward-looking statements or information reflect management's current view only. We undertake no obligation to revise or update such statements or make additional forward-looking statements in the future. except as required by applicable laws. References may be made during today's call to future-oriented financial information and outlooks, all of which are subject to the same assumptions, risk factors, limitations, and qualifications as forward-looking statements or information. While we believe that such estimates have been prepared on a reasonable basis reflecting best estimates and judgments, the actual financial results of the company may vary from the amounts discussed herein, and such variation may be material. During today's call, we will be referring to non-GAAP measures such as adjusted gross profit and adjusted gross profit margin, adjusted EBITDA and adjusted EBITDA margin, as defined and reconciled in our earnings materials in the appendix of the presentation. These non-GAAP measures, as defined by AWH, may not be comparable to measures with similar titles used by other companies. Certain information that may be mentioned during this call, including industry information and estimates, is obtained by third-party sources. including public sources. There can be no assurance as to the accuracy or completeness of such information. Although believed to be reliable, management has not independently verified any data provided by third-party sources. On today's call, we have Abner Curtin, Executive Chairman, Frank Perullo, President and Interim Co-CEO as of today, Daniel Neville, Chief Financial Officer and Interim Co-CEO. And with that, I'll turn the call over to Abner starting on slide four.

Thanks, Rebecca.