Streetbeat News

AYRWF

Ayr Wellness Inc.

Industry

Medicinal and Botanical Manufacturing

Open

0.75

Mkt cap

86M

Volume

57K

High

0.78

P/E Ratio

-0.33

52-wk high

4.09

Low

0.71

Div yield

N/A

52-wk low

0.71

AYR has launched the Later Days fruit-flavored vape collection, available in Massachusetts, New Jersey, Nevada, and Ohio. The collection offers a smooth vaping experience with five flavors.

Portfolio Pulse from

November 19, 2024 | 12:45 pm

Ayr Wellness Inc. (AYRWF) held its Q3 2024 earnings call, with Interim-CEO Steven Cohen and CFO Brad Asher discussing the company's performance. Analysts from Ventum Financial, Beacon Securities, ATB Capital Markets, and Canaccord Genuity participated in the call.

Portfolio Pulse from

November 13, 2024 | 3:45 pm

Ayr Wellness Inc. (AYRWF) reported a Q3 loss of $0.44 per share, missing the Zacks Consensus Estimate of a $0.27 loss. This is a larger loss compared to $0.24 per share a year ago.

Portfolio Pulse from

November 13, 2024 | 3:45 pm

The U.S. cannabis market has seen a pullback, but potential federal reforms and projected industry growth have renewed interest in marijuana stocks. The industry is expected to grow 14% annually through 2028, reaching over $50 billion.

Portfolio Pulse from

November 10, 2024 | 5:15 pm

Microsoft shares rise as the company reports better-than-expected Q1 2025 GAAP EPS and sales.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:05 pm

Florida's cannabis market is poised for significant changes with the upcoming recreational cannabis vote. The market is experiencing deflation, with sales dropping despite volume growth, and a competitive landscape is emerging. Key players like Trulieve, Verano, and AYR are expanding retail operations, while M&A activity is expected to increase. Companies like AYR and iAnthus may become acquisition targets due to financial challenges, while others like Green Thumb and Curaleaf are positioned to acquire assets. If recreational cannabis is legalized, the market could triple, offering substantial growth opportunities.

Portfolio Pulse from Nicolás Jose Rodriguez

October 26, 2024 | 6:15 pm

AYR Wellness has acquired LEVIA, a Massachusetts-based cannabis beverage brand known for its effects-based products. LEVIA's rapid growth and unique offerings caught the attention of AYR, a multi-state operator, leading to the acquisition. LEVIA plans to expand beyond Massachusetts, with new products and market entries.

Portfolio Pulse from Nicolás Jose Rodriguez

October 18, 2024 | 12:29 am

The article discusses the importance of emotional connection with consumers for cannabis brands, as highlighted by industry experts at the Benzinga Cannabis Capital Conference. Key figures from iAnthus Capital Holdings, MariMed, Wana Brands, and Ayr Wellness emphasized understanding consumer needs and creating a strong brand identity. The role of budtenders and the shift towards effect-based cannabis understanding were also discussed.

Portfolio Pulse from Jelena Martinovic

October 14, 2024 | 4:52 pm

As Florida's vote on recreational cannabis approaches, investors are advised to consider buying AYR Wellness due to its strong presence in Florida and a 20% yield. Cresco Labs is recommended over Curaleaf for a yield upgrade, while TerrAscend is suggested as a sell due to lower yield and exposure. Cannabist faces liquidity issues.

Portfolio Pulse from Nicolás Jose Rodriguez

October 11, 2024 | 8:58 pm

The cannabis industry is experiencing significant leadership changes. Notable updates include Aurora Cannabis Inc.'s CEO Miguel Martin taking on the role of executive chairman, and IM Cannabis Corp. appointing Shmulik Arbel to its board. Canopy Growth Corporation's shareholders confirmed their board nominees, and Flora Growth Corp. named Harold Wolkin as an independent director. These changes reflect ongoing shifts in the cannabis sector's leadership landscape.

Portfolio Pulse from Jelena Martinovic

October 11, 2024 | 1:26 am

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