Bullboard - Stock Discussion Forum 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... see more

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Ayr Wellness Inc > Canaccord 2022 Top Picks

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Post by retiredcf on Dec 15, 2021 6:35am

Canaccord 2022 Top Picks

Solid execution, an acquisitive 2021 and overall market growth should lead to a banner 2022

Investment recommendation

Although valuations of US multi-state operators (MSOs) faced notable pressure for most of 2021, we believe the sector continues to see positive regulatory tailwinds (at both the state and federal level), strong underlying fundamentals from many of the leading operators, and anticipated attractive near-term sector growth as new US markets continue to legalize and implement new cannabis regimes. After what we consider to

be strong execution in 2021, inclusive of a variety of strategic acquisitions that saw the company increase its national exposure to many of the leading US markets, we are introducing Ayr Wellness as our Top Pick. We reiterate our C$62 PT and BUY rating.

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