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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

Post by Rng123on Jan 06, 2021 8:23am
190 Views
Post# 32231237

Outperform rating: $35 US price target

Outperform rating: $35 US price targetNorthland analyst Greg Gibas raised the firm's price target on AYR Strategies to $35 from $25 and keeps an Outperform rating on the shares while also identifying the stock as a top pick for 2021. Gibas sees Ayr "setting up for another strong performance in 2021" after recently expanding its footprint to a reach of 73M people through four adult-use and three medical use cannabis markets.
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