AYRSF - NetworkNewsBreaks - Ayr Strategies Inc. (CSE: AYR.A) (OTCQX: AYRSF) Featured in ROTH Equity Research Report
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, “AYR reports 4Q19 quarterly results before the market open on February 27, 2020, where we expect results mostly in-line with consensus, while continuing to demonstrate positive AEBITDA. We are more confident with 2020 estimates tied to MA removing the vape ban in mid December and the approval of the company's second cultivation license to expand its MA wholesale segment. We had anticipated a three-month delay on licensing, but earlier approval now supports 2020 guidance. We maintain a Buy.”
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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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