Marijuana MSO Ayr Wellness ‘Will Cease to Exist’ After Sell-Off, Analyst Says

AYR Wellness to Commence Liquidation, Wind Down

MIAMI — Publicly traded AYR Wellness Inc., together with its affiliates and subsidiaries, entered a Restructuring Support Agreement (RSA) with an ad hoc committee of its consenting senior noteholders holding a supermajority of senior notes issued pursuant to AYR’s Amended and Restated Trust Indenture dated February 7, 2024. The RSA outlines a comprehensive plan to ensure the continued operation and orderly transition of the company’s core busine…

Marijuana MSO Ayr Wellness ‘will cease to exist’ after sell-off, analyst says

The version of Miami-based marijuana multistate operator Ayr Wellness "we know today will cease to exist" after the company sells off its assets to satisfy debt, analysts said Thursday. Marijuana MSO Ayr Wellness 'will cease to exist' after sell-off, analyst says is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Struggling Cannabis Company Ayr Wellness Enters Restructuring Process

The deal includes asset sales in Florida, Ohio, Nevada, New Jersey, Pennsylvania, and Virginia.