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Free Legal Assistance: AYR Wellness Expands Social Equity Efforts In Florida
Tuesday, December 10, 2024 - 9:46am | 512AYR 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...
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Cannabis Multi-State Operator Ayr Wellness Seeks New CEO After David Goubert's Departure: 'Next Phase Of Growth' Coming?
Thursday, September 19, 2024 - 5:15pm | 420David 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...
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AYR Wellness 2023 Financial Harvest: 10% Revenue Boost & Adjusted EBITDA Jumps 51%
Wednesday, March 13, 2024 - 10:27am | 535AYR 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...
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Tilray, Surfside, AYR & RWB Expand: Ohio's New Cannabis Market And Florida On The Brink
Thursday, November 9, 2023 - 2:21pm | 619AYR 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...
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Health Dept Decision To Move Cannabis To Lower-Risk Category: Bull Case Narrative For The Industry
Thursday, August 31, 2023 - 1:45pm | 758Recent 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...
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Ayr Wellness And Blaze Responsibly Hold Juneteenth Cannabis Expungement Clinic In New Jersey
Thursday, June 15, 2023 - 3:45pm | 503Cannabis 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...
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XS Financial Touts 140% YoY Increase In Revenue Despite Cannabis Industry Slowdown
Tuesday, April 25, 2023 - 5:53pm | 553XS 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...
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Despite Industry Headwinds, Some Cannabis MSOs Deepened Their Benches In 2022
Thursday, April 20, 2023 - 4:48pm | 369Some 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...
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Oregon Rep. Reintroduces Small Biz Bill To Amend Tax Code For Cannabis Companies
Monday, April 17, 2023 - 5:33pm | 751Oregon 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,...
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New Mexico's Strong March Cannabis Sales While Massachusetts Sees Prices Drop Amid Sector Downturn
Tuesday, April 4, 2023 - 4:33pm | 812New 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....
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This Cannabis Multi-State Operator Was The Only One With Solid Profits In The Last Quarter
Wednesday, December 21, 2022 - 9:05am | 568Most 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...
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New Jersey Cannabis Workers Unionize, Four More Big Companies Are Negotiating Contracts
Wednesday, July 13, 2022 - 3:52pm | 883Four 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...
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AYR Wellness: Management Expects 'Significant Sales' And 'EBITDA Ramp' In 2022
Thursday, May 26, 2022 - 5:33pm | 603The 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,...
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Ayr Wellness Gets Cannabis Dispensary License To Sell In Boston's Affluent Back Bay Neighborhood
Thursday, May 12, 2022 - 2:29pm | 398Ayr 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...
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Ayr Wellness Signs Management Services Agreement With Tahoe Hydroponics
Monday, February 7, 2022 - 7:50pm | 340Ayr Wellness Inc. (CSE: AYR.A) (OTCQX: AYRWF), a leading vertically integrated U.S. multi-state cannabis operator announced that it has entered into an Interim Management Services Agreement (“MSA”) with Tahoe Hydroponics Company, LLC, one of Nevada’s top cultivators of...