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Ayr Wellness Inc C.AYR.A

Alternate Symbol(s):  AYRWF

AYR Wellness Inc. is a vertically integrated multi-state cannabis operator in the United States. The Company operates simultaneously as a retailer with more than 90 licensed dispensaries and a house of cannabis consumer packed goods (CPG) brands. It is a cultivator, manufacturer and retailer of cannabis products and branded CPG, and is engaged in the manufacture, possession, use, sale, or distribution of cannabis and/or holds licenses in the adult-use and/or medicinal cannabis marketplace in the States of Massachusetts, Nevada, Pennsylvania, Florida, New Jersey, Ohio, Illinois, and Connecticut. The Company’s portfolio of CPG brands includes Kynd, Origyn Extracts, Levia, STiX Preroll Co., Secret Orchard, and Entourage, among others. It owns and operates a chain of cannabis retail stores under various brand names. The Company distributes and markets its products to Company-owned retail stores and to third-party licensed retail cannabis stores throughout its operating footprint.


CSE:AYR.A - Post by User

Comment by getastewgoinon Dec 08, 2021 8:53pm
194 Views
Post# 34212855

RE:Any thoughts on why ayr is tanking!

RE:Any thoughts on why ayr is tanking!Because there is no new money in the sector, so its just the same money being switched from bucket to bucket. And, because everyone is trading at a steep discount, the money is going to the bigger names with currently higher revenues and a bigger footprint. Plus, they are investing heavily into cultivation expansion, M&A, etc. which the market isn't currently rewarding during this depressive fit that Mr. Market is experiencing. At this stage, bigger means better for most investors in the space, but that won't last forever. As the market matures, quality products great margins, and all of the rest of factors that make a great CPG business moat will win the day. It's about the long game for Ayr.
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