Ayr Wellness Inc C.AYR.A

Alternate Symbol(s): AYRWF

Healthcare

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.

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Ayr Wellness Inc > Anyone listen to the conf call?

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Comment by gottahunchon Mar 11, 2021 1:10pm

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Post# 32773840

RE:Anyone listen to the conf call?

I listened and would encourage everyone to listen to the recording. My view is that you could hear the excitment in their voices on where the business is going.
-$725 expected rev, 321 ebitda next year.
-S1 filed, so they are ready to uplist, switching to GAAP to qualify
-Fixing LHS grow, had 25% fail raite, now it's 4%. They will be better supplied to fill LHS stores which is an issue.
-Reving up stores in great locations.
-Confirmed cash on hand is for M&A.
-Biggest part of growth will be towards end of this year as acquisions close.