Tag: CBT > Ayr Wellness Cannabis Company: Page 3

Industry Headlines

AYR Wellness and Lake Erie College of Osteopathic Medicine Partner on Medical Research Studying ‘Quality of Life’ Benefits of Medical Cannabis

The organizations published the results of the first of five studies and co-hosted a Pennsylvania Medical Marijuana Program Research Summit.

April 30, 2024

Florida

6 MSOs Join Florida Adult-Use Legalization Campaign, Contribute $15 Million in New Funding

After receiving Supreme Court approval for its ballot language, Smart & Safe Florida is now focused on gaining 60% voter approval in November.

April 3, 2024

Florida

AYR Wellness Upsizes Florida Cultivation Facility Mortgage

The company closed on an $8.4 million upsizing for its cannabis cultivation facility in Gainesville.

March 27, 2024

Cannabis Business Financial Report

AYR Wellness Reports Fourth Quarter and Full Year 2023 Results

David Goubert, AYR President AND CEO, said '2023 was a transformational year for AYR' with revenue growth, enhanced profitability and a strengthened balance sheet.

March 13, 2024

Florida

Coalition of Leading Florida Cannabis Operators Forms Florida Medical Marijuana Trade Association

The association’s mission is to advocate for Florida’s cannabis patients and industry.

February 29, 2024

Florida

AYR Cannabis Announces Opening of 2 Florida Dispensaries

The facility openings expand the company’s presence to 64 retail locations in the Sunshine State and 91 locations nationwide.

December 19, 2023

Finance

AYR Wellness Reports $114 Million in Revenue for Third Quarter 2023 Financial Results

The multistate cannabis operator’s revenue is up 5% year-over-year with $20 million of operating cash flow generated for the quarter.

November 16, 2023

Ohio

AYR Wellness Announces Opening of 2 Ohio Dispensaries

The multistate operator’s medical cannabis facilities in Woodmere and Goshen open the same week as Ohio voters cast ballots on an adult-use measure.

November 6, 2023

Arizona

AYR Wellness Closes Sale of Arizona Assets

The deal reduces AYR’s long-term debt by $22.5 million.

March 28, 2023

Executive Leadership Team

Ayr Wellness Appoints David Goubert to President, CEO

Jonathan Sandelman’s role transitioned to the company’s executive chairman of the board.

February 14, 2023

Arizona

Ayr Wellness to Sell Arizona Assets, Announces Option to Acquire Ohio Dispensary Licenses

The publicly traded multistate operator signed a definitive agreement to sell three retail facilities in greater Phoenix and two cultivation facilities.

February 10, 2023

Industry Headlines

Ayr Wellness Targets Restorative Justice Initiatives in Recent Campaign

Ayr is donating $1.12 of every transaction made at its retail locations between Dec. 5 and Dec. 16 to Freedom Grow and the Minorities for Medical Marijuana Project Clean Slate initiative.

December 7, 2022