Ayr Wellness Archives

Debra BorchardtAugust 17, 2021

Following the close of the market on Monday, Ayr Wellness Inc. (OTCQX: AYRWF) reported financial results for the three months ending June 30, 2021, with revenue rising 222% to $91.3 million. This was a 56% increase sequentially. Ayr is raising its revenue guidance for 2022 revenue to $800 million, up from $725 million, and is […]

StaffAugust 16, 2021

Ayr Wellness Inc. (OTC: AYRWF) is buying cannabis beverage company Cultivauna, LLC, the owner of Levia branded cannabis-infused seltzers in a deal valued at potentially $40 million. The acquisition is expected to close by the end of 2021. Levia Cannabis-Infused Seltzers is currently available in Massachusetts. The products allow for rapid onset of the effects […]

StaffJuly 20, 2021

Ayr Wellness Inc. (OTCQX: AYRWF) is staying busy this week with acquisitions as the company adds an Illinois operation called Herbal Remedies Dispensaries, LLC for approximately $30 million. Herbal is an operator of two licensed retail dispensaries in Illinois. The deal is expected to close in the fourth quarter of 2021. The transaction includes $10 […]

StaffJuly 19, 2021

Ayr Wellness Inc. (OTC: AYRWF) is buying Nevada-based Tahoe Hydroponics Company, LLC in a deal valued at $17 million. It is a cash and stock deal that will consist of $5 million in cash, $3.5 million in debt, and approximately $8.5 million in stock. Tahoe Hydro operates roughly 33,000 square feet of total cultivation and […]

Debra BorchardtJuly 8, 2021

Ayr Wellness Inc. (OTC: AYRWF) hasn’t been around that long but has quickly proven itself to be a contender. Ayr Wellness just announced its 37th dispensary opening in Florida under the Liberty Health Sciences umbrella in Key West. The 1,500 sq. ft. location sits on the main strip of Downtown Key West. The dispensary features […]

Debra BorchardtMay 26, 2021

Ayr Wellness Inc. (OTCQX: AYRWF) reported its financial results for the three months ended March 31, 2021, with revenue rising 74% to $58.4 million. Ayr trimmed its net losses slightly to $8.4 million from last year’s $8.6 million for the same time period. “Q1 2021 represents the early innings of our 2021 strategic transformation, as […]

Debra BorchardtApril 22, 2021

420 was predicted to be a huge day for cannabis sales and it certainly didn’t disappoint. Akerna said that by the time Tuesday hit, the daily retail sale of legal cannabis was expected to gross $95 million nationally, bringing total 4/20-related sales to $370 million in the U.S. if Akerna’s data proves accurate. Planet 13 […]

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Tag: Ayr Wellness

Ayr Wellness Increases Guidance For 2022 To $800 Million

Ayr Wellness Buys Levia Beverages In $40 Million Deal

Ayr Buys Illinois’ Herbal Dispensaries For $30 Million

Ayr Wellness Buys Tahoe Hydroponics For $17 Million

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Cannabis Companies In Beast Mode With 420 Sales

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Lykos Therapeutics Secures $100M in Series A Funding, Rebrands from MAPS PBC

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