Streetbeat News

AYRWF

Ayr Wellness Inc.

Industry

Medicinal and Botanical Manufacturing

Open

0.41

Mkt cap

50M

Volume

90K

High

0.43

P/E Ratio

-0.19

52-wk high

4.09

Low

0.40

Div yield

N/A

52-wk low

0.40

AYR's flagship product brand, kynd, is celebrating its 10-year anniversary with a national charitable campaign called 'Season of Kyndness' to support local community organizations throughout December.

Portfolio Pulse from

December 04, 2024 | 12:45 pm

The US cannabis industry is projected to reach $41 billion by 2025, driven by increasing legalization and federal reform efforts. Recent state-level legalizations and bipartisan support for cannabis banking reform highlight the industry's growth potential. However, investors should employ risk management strategies due to the sector's volatility.

Portfolio Pulse from

November 26, 2024 | 3:15 pm

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

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