Associated tags: Cannabis, OTCQX, CSE, Financial management, Drug, News, COVID-19, Risk management, Research
Locations: ONTARIO, UNITED STATES, NJ, SAN FRANCISCO, RIVERSIDE, WOODMERE, SG, MIAMI, FL, US
(CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator (“MSO”), will hold a conference call on Wednesday, May 15, 2024, at 8:30 a.m.
Key Points:
- (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator (“MSO”), will hold a conference call on Wednesday, May 15, 2024, at 8:30 a.m.
- ET to discuss its results for the first quarter ended March 31, 2024.
- AYR President & CEO David Goubert and CFO Brad Asher will host the conference call, followed by a question-and-answer period.
- A telephonic replay of the conference call will also be available for one month until end of day Saturday, June 15, 2024.
Retrieved on:
Wednesday, March 27, 2024
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Citrus MIAMI, March 27, 2024 (GLOBE NEWSWIRE) -- AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator (“MSO”), today announced that its flagship cannabis brand, kynd, will launch its first line of premium edibles in Florida and Nevada.
Key Points:
- MIAMI, March 27, 2024 (GLOBE NEWSWIRE) -- AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator (“MSO”), today announced that its flagship cannabis brand, kynd, will launch its first line of premium edibles in Florida and Nevada.
- Patients in Florida can now begin exploring kynd's newest offering, with Nevada to follow in the coming weeks.
- We believe our customers in Florida and Nevada will be thrilled with the new offerings, and we look forward to introducing kynd edibles to customers and wholesale partners in additional states later this year.
- To learn more about Season of Kyndness, kynd's refreshed brand identity or the launch of premium edibles in Florida and Nevada, please visit www.kynd.com or @kyndflower on Instagram.
MIAMI, March 26, 2024 (GLOBE NEWSWIRE) -- AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator (“MSO”), today announced that it has closed on a $8.4 million upsizing of its existing mortgage for its Gainesville cultivation facility (the “Facility”), increasing the principal amount of the mortgage to $48.4M.
Key Points:
- MIAMI, March 26, 2024 (GLOBE NEWSWIRE) -- AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator (“MSO”), today announced that it has closed on a $8.4 million upsizing of its existing mortgage for its Gainesville cultivation facility (the “Facility”), increasing the principal amount of the mortgage to $48.4M.
- Proceeds will be used to invest further in the Facility and the Company’s Florida business, as well as for general working capital purposes.
- Aside from the upsizing, there were no other changes to the terms of the mortgage, including the interest rate or the maturity date in 2033.
- Brad Asher, Chief Financial Officer at AYR Wellness, said, “This upsizing further strengthens our balance sheet with additional capital at competitive rates and longer-term maturity.
Retrieved on:
Wednesday, March 13, 2024
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Definition MIAMI, March 13, 2024 (GLOBE NEWSWIRE) -- AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator, is reporting financial results for the fourth quarter and full year ended December 31, 2023. Unless otherwise noted, all results are presented in U.S. dollars.
Key Points:
- Opened two new dispensaries in Florida during the fourth quarter, bringing AYR’s total footprint to 64 dispensaries across the state.
- Opened three dispensaries in Ohio in the Cleveland, Cincinnati, and Dayton metropolitan areas via the Company’s support relationship.
- AYR has the future rights to ownership of all three dispensaries, subject to regulatory approval.
- A reconciliation of how Ayr calculates Adjusted EBITDA and Adjusted Gross Profit is provided in the tables appended below.
MIAMI, March 06, 2024 (GLOBE NEWSWIRE) -- AYR Cannabis Dispensary , a cannabis retail chain owned by AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator (“MSO”), today announced the opening of the relocated AYR Cannabis Dispensary Tallahassee.
Key Points:
- MIAMI, March 06, 2024 (GLOBE NEWSWIRE) -- AYR Cannabis Dispensary , a cannabis retail chain owned by AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator (“MSO”), today announced the opening of the relocated AYR Cannabis Dispensary Tallahassee.
- Located at 1525 W. Tennessee St, Tallahassee, Florida 32304, AYR Cannabis Dispensary Tallahassee occupies a spacious, 1,650-square foot location, conveniently located in the heart of the state capital for pedestrians and has both street parking and covered garage parking available for those traveling by car.
- I can’t wait to welcome the patient community of Florida at our new location this spring.”
AYR Cannabis Dispensary Tallahassee will celebrate the opening of its new storefront by offering patients a weeklong exclusive offer of $10 off $70, AYR Cannabis hats and other giveaway items.
- Patients are also encouraged to join the AYR Cannabis Dispensary Reward Program and uncover additional discounts.
Retrieved on:
Thursday, February 8, 2024
(CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator, will hold a conference call on Wednesday, March 13, 2024, at 8:30 a.m.
Key Points:
- (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator, will hold a conference call on Wednesday, March 13, 2024, at 8:30 a.m.
- ET to discuss its results for the fourth quarter and full year ended December 31, 2023.
- AYR President & CEO David Goubert and CFO Brad Asher will host the conference call, followed by a question-and-answer period.
- A telephonic replay of the conference call will also be available for one month until end of day Saturday, April 13, 2024.
Retrieved on:
Wednesday, February 7, 2024
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Security (finance) AYR has completed its previously announced plan of arrangement transactions, including extending the maturity of all of its Senior Notes due 2024 and certain other debt by two years.
Key Points:
- AYR has completed its previously announced plan of arrangement transactions, including extending the maturity of all of its Senior Notes due 2024 and certain other debt by two years.
- AYR raised US$40 million of new capital through the issuance of US$50 million of additional Senior Notes maturing in 2026.
- MIAMI, Feb. 07, 2024 (GLOBE NEWSWIRE) -- AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator, is pleased to announce that it has successfully completed its previously announced court-approved plan of arrangement under Section 192 of the Canada Business Corporations Act (the “Arrangement”) involving the Company and AYR Wellness Canada Holdings Inc. (“AYR Wellness Canada”), implementing those transactions described in the Company’s management information circular dated November 15, 2023 (the “Circular”).
- AYR CEO David Goubert said: “The consummation of the plan of arrangement is the culmination of a series of actions taken over the past year that seek to ensure the financial strength of AYR.
Retrieved on:
Wednesday, January 31, 2024
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Security (finance) As such, the closing of the Arrangement is targeted for on or around February 7, 2024, and the record date for determining the Shareholders (as defined below) entitled to receive the Anti-Dilutive Warrants (as defined below) pursuant to the Arrangement has been set as the close of business on February 5, 2024.
Key Points:
- As such, the closing of the Arrangement is targeted for on or around February 7, 2024, and the record date for determining the Shareholders (as defined below) entitled to receive the Anti-Dilutive Warrants (as defined below) pursuant to the Arrangement has been set as the close of business on February 5, 2024.
- Stikeman Elliott LLP and Weil Gotshal & Manges LLP are acting as the Company’s Canadian and U.S. legal counsel, respectively.
- Ducera Partners LLC is serving as financial advisor to the supporting holders of the Senior Notes (the “Supporting Senior Noteholders”).
- Goodmans LLP and Paul Hastings LLP are acting as the Supporting Senior Noteholders’ Canadian and U.S. legal counsel, respectively.
Retrieved on:
Friday, December 22, 2023
MIAMI, Dec. 22, 2023 (GLOBE NEWSWIRE) -- AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator, today provided an update in respect of the previously announced plan of arrangement under Section 192 of the Canada Business Corporations Act (the “Arrangement”) involving the Company and AYR Wellness Canada Holdings Inc. (“AYR Wellness Canada”).
Key Points:
- MIAMI, Dec. 22, 2023 (GLOBE NEWSWIRE) -- AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator, today provided an update in respect of the previously announced plan of arrangement under Section 192 of the Canada Business Corporations Act (the “Arrangement”) involving the Company and AYR Wellness Canada Holdings Inc. (“AYR Wellness Canada”).
- The Company is pleased to announce that the Senior Noteholders voted to approve the Arrangement (the “Arrangement Resolution”) at the special meeting of Senior Noteholders held on December 15, 2023 (the “Meeting”).
- The Arrangement Resolution, which required the approval of at least 662/3% of the votes cast by the Senior Noteholders present in person or by proxy at the Meeting, was approved by over 99% of the votes cast by the Senior Noteholders present in person or by proxy at the Meeting.
- The results of the votes cast by the Senior Noteholders are set out in more detail below:
Retrieved on:
Tuesday, December 19, 2023
MIAMI, Dec. 19, 2023 (GLOBE NEWSWIRE) -- AYR Cannabis Dispensary , a cannabis retail chain owned by AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator (“MSO”), today announced the opening of two Florida retail stores located in Leesburg and Fort Myers.
Key Points:
- MIAMI, Dec. 19, 2023 (GLOBE NEWSWIRE) -- AYR Cannabis Dispensary , a cannabis retail chain owned by AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator (“MSO”), today announced the opening of two Florida retail stores located in Leesburg and Fort Myers.
- The opening of these dispensaries expands AYR’s retail presence to 64 locations in Florida and 91 locations nationwide.
- AYR Cannabis Dispensary Leesburg began serving patients on Monday, December 11 while AYR Cannabis Dispensary Fort Myers will begin serving patients later this month.
- AYR Cannabis Dispensary Fort Myers, located at 2952 Cleveland Ave. is a freestanding, 2,480-square-foot venue with ample parking space and four point-of-sale stations.
