Ayr Strategies Completes Acquisition of DocHouse in Pennsylvania

TORONTO, Nov. 19, 2020 (GLOBE NEWSWIRE) — Ayr Strategies (CSE: AYR.A, OTCQX: AYRSF, “Ayr” or “the Company”), a leading vertically integrated cannabis multi-state operator, today announced it has closed the acquisition of 100% of the equity interests in DocHouse LLC, a licensed grower-processor in Pottsville, Pennsylvania, which was previously announced on October 1, 2020. IncludingContinue reading “Ayr Strategies Completes Acquisition of DocHouse in Pennsylvania”

Ayr Strategies Reports Third Quarter 2020 Results & Updates Investors on 2021 Expansion Initiatives

Q3 Revenue up 61% Q/Q to $45.5 Million; Adjusted EBITDA More Than Doubles to $19.3 Million Annual Revenue & Adjusted EBITDA Run-Rate of $182 Million and $77 Million, Respectively Generated Over $13 Million in Cash from Operations in Q3; Cash Balance Remains Strong with $23 Million as of September 30, 2020 Received Three HCA ApprovalsContinue reading “Ayr Strategies Reports Third Quarter 2020 Results & Updates Investors on 2021 Expansion Initiatives”

Ayr Strategies Positioned to Expand Footprint in Nevada Following Settlement Agreement

TORONTO, Aug. 11, 2020 (GLOBE NEWSWIRE) — Ayr Strategies Inc. (CSE: AYR.A, OTCQX: AYRSF) (“Ayr”), a vertically-integrated cannabis multi-state operator (MSO), today announced it has been awarded two additional dispensary licenses in the greater Las Vegas market, one in Clark County and one in Henderson, as part of a settlement in connection with the disputedContinue reading “Ayr Strategies Positioned to Expand Footprint in Nevada Following Settlement Agreement”

Ayr Strategies Reports First Quarter 2020 Financial Results

Q1 Revenue Increased to $33.6 Million Despite COVID-19 Challenges in March Generated $7.4 Million Cash from Operations, Increasing Cash on Balance Sheet to $9.9 Million Increase in Cultivation Capacity Expected to Drive Gross Margin Expansion in NV and MA; Total Adjusted EBITDA Expected to Return to Q1 Levels in June TORONTO, May 20, 2020 (GLOBEContinue reading “Ayr Strategies Reports First Quarter 2020 Financial Results”

Ayr Strategies to Hold First Quarter 2020 Conference Call on Thursday, May 21, 2020 at 8:30 a.m. ET

TORONTO, May 14, 2020 (GLOBE NEWSWIRE) — Vertically-integrated cannabis multi-state operator (MSO), Ayr Strategies Inc. (CSE: AYR.A, OTCQX: AYRSF) (“Ayr”), will hold a conference call on Thursday, May 21, 2020 at 8:30 a.m. Eastern time to discuss its results for the first quarter ended March 31, 2020. The Company will provide its financial results inContinue reading “Ayr Strategies to Hold First Quarter 2020 Conference Call on Thursday, May 21, 2020 at 8:30 a.m. ET”