Ayr Wellness

AYR Wellness (OTC:AYRWF) is furthering its commitment to social equity and restorative justice with the launch of a Cannabis Expungement and Record Sealing clinic in Fort Myers, Florida, on Saturday December 14, 2024.  The clinic, which is being held in partnership with Blaze Responsibly, provides...

David Goubert has resigned as president and CEO of Ayr Wellness Inc. (CSE:AYR) (OTC:AYRWF), a Miami-based cannabis multistate operator, after less than a year in the role. Goubert, who joined the company as president in October of 2022 and took over as CEO in February 2023, is the latest in a...

AYR Wellness Inc. (OTCQX:AYRWF) (CSE:AYR), a multi-state cannabis operator, revealed Wednesday its financial outcomes for Q4 and the entirety of 2023. The company reported a 10% revenue increase to $463.6 million and a significant uptick in adjusted EBITDA by 51% to $114.0 million. Q4 2023...

As Super Bowl LVIII readies to get underway at Allegiant Stadium in Las Vegas this Sunday, Nevada's cannabis industry, underpinned by recent legislative reforms and strategic positioning, is set to capitalize on the influx of visitors. The state has notably increased legal possession...

AYR Wellness, Inc. Cannabis Dispensary Launches Kiva Confections in Florida AYR Wellness, Inc. (OTC: AYRWF) cannabis dispensary introduced Kiva Confections' Camino Soft Chews to its 62+ Florida dispensaries. The expansion aims to provide a top-shelf edible product line to the Florida...

Recent news that the Department of Health and Human Services (HHS) is recommending the reclassification of marijuana as a Schedule III drug under the Controlled Substances Act has ignited significant market reactions. On the day following the report, MSOS ETF (ARCA: MSOS) surged...

Cannabis company Ayr Wellness (OTCQX: AYRWF) and Blaze Responsibly have partnered with the city of Newark and Municipal Council to host a free community expungement clinic on Juneteenth (Monday, June 19th) - at Good Neighbor Baptist Church (100 Chancellor Ave, Newark, NJ...

XS Financial Inc. (CSE: XSF) (OTCQB: XSHLF) released earnings for the fourth quarter and fiscal year ended December 31, 2022. The specialty finance company, which is dedicated to U.S.-based cannabis companies, had "a transformational year," according to CEO David Kivitz. "We had...

Some of America's largest multi-state operators (MSOs) experienced growth in employee headcounts in 2022, despite reports of layoffs across the cannabis industry. Companies such as Ascend Wellness Holdings (OTCQX: AAWH), TerrAscend Corp. (OTCQX: TRSSF), Ayr Wellness (OTCQX: AYRWF), and...

Oregon Congressman Earl Blumenauer is taking another shot at passing the Small Business Tax Equity Act, a bill that aims to amend an IRS code to allow state-legal cannabis businesses to take federal tax deductions. Blumenauer, a House member who founded the Congressional Cannabis Caucus,...

New Mexico Rec Sales Strong In March New Mexico's recreational cannabis industry continues making impressive progress, recording close to $301 million in sales and over $27 million in collected cannabis excise taxes in just one year since legalization, per the Albuquerque Journal....

Most U.S. cannabis multistate operators reported modest to significant year-over-year revenue gains. Among the companies with the highest revenue in the third quarter were Curaleaf Holdings (OTC: CURLF) with $339 million followed by Trulieve Cannabis (OTC: TCNNF) with $300 million. In a...

Four major cannabis companies are negotiating contracts to unionize their workforce in New Jersey to bring the total to a half dozen multi-state operators, according to the head of UFCW - Local 360.  Since recreational marijuana sales launched statewide this past April, two of eight major...

The Analyst Pablo Zuanic from Cantor Fitzgerald kept a rating of "Neutral" on Ayr Wellness Inc. (OTC: AYRWF) stocks and lowered its 12-month price target to $6.75 from $13.30, due to reduced estimates and overall sectoral derating. The Thesis AYR reported stable sequential sales growth,...

Ayr Wellness Inc. (CSE: AYR.A) (OTCQX: AYRWF) announced that it received a final license to sell adult-use cannabis at its Back Bay dispensary in Boston. The Massachusetts Cannabis Control Commission (CCC) voted to grant the license at its May 12 meeting...