Cannabis Multi-State Operator Ayr Wellness Seeks New CEO After David Goubert's Departure: 'Next Phase Of Growth' Coming?
Portfolio Pulse from Franca Quarneti
Ayr Wellness Inc. is undergoing leadership changes as CEO David Goubert resigns after less than a year. The company reported a slight dip in Q2 earnings and increased net losses. Steven Cohen, an external legal adviser, will serve as interim CEO. Ayr is focusing on stabilizing its financials and preparing for future growth.
September 19, 2024 | 9:15 pm
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Ayr Wellness faces leadership changes with CEO David Goubert's resignation amid financial challenges. The company reported a slight revenue dip and increased net losses in Q2. Interim CEO Steven Cohen lacks cannabis industry experience, raising concerns about future direction.
The resignation of CEO David Goubert and the appointment of an interim CEO with no cannabis industry experience could lead to uncertainty and volatility in Ayr Wellness's stock price. The financial results showing a dip in revenue and increased losses further add to the negative sentiment.
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