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Latest In: Ayr Wellness

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Levia co-founders Kristin and Eric Rogers/Courtesy photo

The founders who reacquired their beverage brand from a cannabis MSO

LEVIA's founders sold their cannabis beverage brand to Ayr Wellness, then spent two years buying it back.

News August 13
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Interior image of Glass House Brands' cultivation facility in Camarillo, California

Cannabis MSO Ayr cannabis cultivation facility in Ohio sells for $28.5 million

Ayr Wellness will continue to operate the facility, which was acquired by a New York-based real estate investment…

News February 4
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Image of a check being handed toward the veiwer

Distressed marijuana MSO Ayr Wellness sells off assets in foreclosure sale

Distressed MSO Ayr Wellness sold off assets in seven states to its former creditors on Tuesday.

News November 12
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Cannabis operator Ayr Wellness restructures to cut debt by 50%, focus on growth

Multistate cannabis operator Ayr Wellness is undergoing a restructuring that will cut its debt in half and streamline…

News October 13
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Image of a pink piggy bank drowning in debt

How the cannabis sector is grappling with a debt avalanche

The cannabis industry is facing a financial reckoning, with $6 billion in debt maturing by the end of…

News August 28
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Image of employee signing a termination letter

Troubled marijuana MSO Ayr Wellness to close cultivation facilities in 2 states

More than 200 workers may lose their jobs as troubled marijuana MSO Ayr Wellness shuts down cultivation operations…

News August 5
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Image of a pink piggy bank drowning in debt

Debt-saddled marijuana MSO Ayr Wellness to sell off assets, ‘wind down’ operations

The version of Miami-based marijuana multistate operator Ayr Wellness "we know today will cease to exist" after the…

News July 31
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Ayr dismisses talk of Connecticut exit amid its other marijuana consolidations

Ayr Wellness's struggles with debt and losses are known, but Connecticut is also proving a tough market for…

News June 23
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Image of three dice spelling out M&A sitting in front of a calculator, with business graphs in the background

Ayr Wellness is selling 4 marijuana stores in Illinois

Ayr Wellness has signed a letter of intent to sell its four marijuana stores in Illinois because the company…

News March 7
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