Ayr Strategies, Inc. (CSE: AYR.A) (OTCQX: AYRSF) was featured in a recent equity research report published by ROTH Capital Partners LLC. The report reads, “We believe AYR presents an attractive opportunity with coming capacity expansion and wholesale/brand focus to drive robust revenue growth and higher margin expansion. Management maintained its 2020 guidance ($207-$227M Revs and $93-$103M AEBITDA) as we see potential upside with increased higher margin sales starting in 2Q20. We believe supply/demand dynamics remain favorable in MA and NV and expect additional dispensaries in each state to drive upside. Reiterate our Buy and C$19 PT. Shares currently trade at 1.2x 2020 sales.”
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About Ayr Strategies, Inc.
Ayr Strategies (“Ayr”) is an expanding vertically integrated, U.S. multi-state cannabis operator, focusing on high-growth markets. With anchor operations in Massachusetts and Nevada, the company cultivates and manufactures branded cannabis products for distribution through its network of retail outlets and through third-party stores. Ayr strives to enrich and enliven consumers’ experience every day – helping them to live their best lives, elevated.
Ayr’s leadership team brings proven expertise in growing successful businesses through disciplined operational and financial management, and is committed to driving positive impact for customers, employees and the communities they touch. For more information, please visit www.ayrstrategies.com.
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