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XS Financial Upsizes Lease Facility With Ayr Wellness Up To $21.4M

XS Financial Upsizes Lease Facility With Ayr Wellness Up To $21.4M
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Jonathan Sandelman

Jonathan Sandelman
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Cantor's Zuanic Stays Neutral On Ayr Wellness Stock On The Heels Of Q1 2021 Report, Trims 12-Month Price Target

Vertically integrated cannabis company
Ayr Wellness Inc. (CSE:AYR) (OTCQX:AYRWF) reported Wednesday that its revenue spiked 74% year-over-year, reaching $58.4 million in the first quarter of 2021, beating the consensus sales estimates.
The Analyst
Cantor Fitzgerald s analyst Pablo Zuanic reaffirmed their Neutral rating on Ayr s stock, trimming their 12-month price target to $33.5 from $36.
Over the quarter, the Toronto-based company wrapped up the acquisition of Liberty Health Sciences, adding 42 Florida-based stores to its portfolio.
In addition, it purchased Arizona-based Blue Camo LLC, which operates as Oasis, and its three medical and adult-use dispensaries in the greater Phoenix area. Ayr also bought a triple-stacked cultivation and processing facility in Chandler, which spans 10,000 square feet, as well as 86,000 square feet of cultivation property in Phoenix, which is still under development. ....

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ACQUIRED SALES CO (AQSP), CANNABIS WHEATON INCOME by Cannabis Wheaton Income Corp. (CBWTF), Canopy Growth Corp (CGC), CURALEAF HLDGS INC by Curaleaf Hldgs Inc. (CURLF), Discovery Communications (DISCA), Google (GOOG), Medical Marijuana (MJNA), NEXT GEN METALS I (NXTTF), S&P Dep Receipts (SPY), Verano Holdings (VRNOF), Zenabis Global (ZBISF) - The Week In Cannabis: New York, New Mexico, YouTube, KushCo, Greenlane And More

ACQUIRED SALES CO (AQSP), CANNABIS WHEATON INCOME by Cannabis Wheaton Income Corp. (CBWTF), Canopy Growth Corp (CGC), CURALEAF HLDGS INC by Curaleaf Hldgs Inc. (CURLF), Discovery Communications (DISCA), Google (GOOG), Medical Marijuana (MJNA), NEXT GEN METALS I (NXTTF), S&P Dep Receipts (SPY), Verano Holdings (VRNOF), Zenabis Global (ZBISF) - The Week In Cannabis: New York, New Mexico, YouTube, KushCo, Greenlane And More
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

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Insider Cannabis Newsletter: April 2

Insider Cannabis Newsletter: April 2
businessinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessinsider.com Daily Mail and Mail on Sunday newspapers.

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