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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

Bullboard Posts
Post by Finalsayon Oct 03, 2020 12:44pm
192 Views
Post# 31663029

Exciting times

Exciting timesIt's certainly exciting times for AYR shareholders. After sitting on the sidelines for most of the year Jon has finally pulled the trigger on some new aquisitons. Ohio and penn seem like great markets for AYR to expand into, and the annual information form suggest that the other two markets they are targetting are New Jersey and Illinois. New Jersey votes in November to leagalize recreation cannabis. If they get the greenlight, this could have a domino effect and put pressure on Penn to legalize cannabis. Adult sales in Illinois begain in Jan 2020 and from reading articles I've seen reported sales of $300 million as of the beginning of August. Illinois also has a law that allows not more than 500 licenses, which is going to create scarcity and limit the amount of companies that will be able to cash in on this huge market. Illinois is a huge market and I was hoping this would be a market Jon made an aquisition in. Jon has positioned AYR to capitalize on the burgeoning cannabis industry in some of the best possible states. Will be exciting to watch the revenue growth as these aquistions start coming on line and the industry continues to grow. LONG AYR
Bullboard Posts