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Ayr Wellness ( ($TSE:AYR.A) ) has shared an announcement.
AYR Wellness Inc. has received a Notification of Disposition of Collateral from an agent under a Pledge Agreement, indicating potential reclamation and sale of its interest in PA Natural Medicine LLC due to alleged defaults. Additionally, AYR has extended a Limited Waiver Agreement with senior noteholders to July 11, 2025, allowing more time for negotiations and exploration of strategic options to strengthen its capital structure, though it does not constitute a permanent waiver of defaults.
The most recent analyst rating on ($TSE:AYR.A) stock is a Buy with a C$3.50 price target. To see the full list of analyst forecasts on Ayr Wellness stock, see the TSE:AYR.A Stock Forecast page.
Spark’s Take on TSE:AYR.A Stock
According to Spark, TipRanks’ AI Analyst, TSE:AYR.A is a Neutral.
Ayr Wellness faces significant financial and operational challenges, with declining financial performance, bearish technical indicators, and poor valuation metrics. The company’s missed interest payments and delayed filings add further risks, significantly impacting its stock score.
To see Spark’s full report on TSE:AYR.A stock, click here.
More about Ayr Wellness
AYR Wellness is a vertically integrated, U.S. multi-state cannabis business operating over 90 licensed dispensaries and offering a range of cannabis consumer packaged goods (CPG) brands.
Average Trading Volume: 123,909
Technical Sentiment Signal: Sell
Current Market Cap: C$18.1M
See more insights into AYR.A stock on TipRanks’ Stock Analysis page.