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AYR Wellness Inc. (AYRWF) is a vertically integrated U.S. multi-state cannabis business, operating as a retailer with 90+ licensed dispensaries and a house of cannabis CPG brands. The company is dedicated to delivering high-quality cannabis products while being a Force for Good for its team members and communities. Visit their website for more information.
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AYR Wellness Inc. will hold a conference call on November 16, 2023, to discuss its Q3 financial results. The call will be hosted by President & CEO David Goubert and CFO Brad Asher. A telephonic replay will be available for one month.
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AYR Wellness Inc. reports financial results for Q2 2023, with revenue of $116.7 million, up 18% YoY. The company achieved a record adjusted EBITDA of $29.4 million, up 78% YoY, with an adjusted EBITDA margin of 25%. GAAP loss from operations improved by 81% YoY to $(4.5) million. AYR opened its 86th retail location and plans to exit 2023 with a total of 64 stores in Florida. The company also made progress on improving its liquidity profile and extended the payment terms of more than $120 million of obligations. AYR expects to generate revenue and adjusted EBITDA growth in the second half of 2023 and achieve positive GAAP cash flow from operations for the year.
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AYR Wellness, Inc. (CSE: AYR.A, OTCQX: AYRWF) Welcomes Michael Warren to Board of Directors
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AYR Wellness, Inc. celebrates the opening of three new cannabis retail locations in Orange County, Florida, bringing their total retail presence in Florida to 62 locations and their nationwide footprint to 86 stores. The company plans to continue expanding in Florida with the opening of 10 more dispensaries in 2023.
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AYR Wellness Inc. reports financial results for Q1 2023. Revenue increased by 18% year-over-year to $117.7 million, and adjusted EBITDA increased by 64% year-over-year to $26.3 million. The company achieved positive operating cash flow for the third consecutive quarter and ended the quarter with a cash balance of $96.5 million.
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FAQ
What is the current stock price of AYR WELLNESS (AYRWF)?
The current stock price of AYR WELLNESS (AYRWF) is $1.85 as of October 15, 2024.
What is the market cap of AYR WELLNESS (AYRWF)?
The market cap of AYR WELLNESS (AYRWF) is approximately 267.7M.
What is AYR Wellness Inc. (AYRWF) known for?
AYR is a vertically integrated U.S. multi-state cannabis business, operating as a retailer with 90+ licensed dispensaries and a house of cannabis CPG brands.
What is the mission of AYR Wellness Inc. (AYRWF)?
AYR is committed to delivering high-quality cannabis products to its patients and customers while acting as a Force for Good for its team members and the communities that the Company serves.
How many licensed dispensaries does AYR Wellness Inc. (AYRWF) operate?
AYR operates 90+ licensed dispensaries across multiple states.
What sets AYR Wellness Inc. (AYRWF) apart from other cannabis businesses?
AYR's focus on delivering high-quality products and being a positive influence on its team members and communities distinguishes it in the industry.
Where can I find more information about AYR Wellness Inc. (AYRWF)?
For more details about AYR Wellness Inc. and its operations, visit their official website at www.ayrwellness.com.
How does AYR Wellness Inc. (AYRWF) contribute to the cannabis industry?
AYR contributes by providing top-notch cannabis products, fostering a positive work environment for its team, and engaging with communities as a Force for Good.
What is the corporate culture like at AYR Wellness Inc. (AYRWF)?
AYR promotes a culture of excellence, integrity, and social responsibility, reflected in its commitment to delivering high-quality products and making a positive impact.
What regions does AYR Wellness Inc. (AYRWF) operate in?
AYR operates in multiple U.S. states, serving patients and customers in various regions with its licensed dispensaries and cannabis brands.
How does AYR Wellness Inc. (AYRWF) ensure quality in its products?
AYR maintains high standards of quality control and product testing to ensure that its cannabis products meet the expectations of patients and customers.
What values guide AYR Wellness Inc. (AYRWF) in its business operations?
AYR is guided by values of integrity, excellence, and social responsibility, driving its commitment to delivering top-quality cannabis products and making a positive difference in communities.
AYR WELLNESS INC
OTC:AYRWF
AYRWF Rankings
AYRWF Stock Data
267.67M
78.52M
14.55%
16.58%
Drug Manufacturers - Specialty & Generic
Healthcare
United States of America
Miami