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Cannabis Company Ayr Wellness Loans Money From Needham Bank To Support Its Cultivation Facility
Friday, July 7, 2023 - 8:37am | 313AYR Wellness Inc. (OTCQX: AYRWF) (CSE:AYR.A) has closed on a $40 million refinancing and upsizing of its existing mortgage for its Gainesville cultivation facility, with Needham Bank. Proceeds from the loan will be used to pay down the company’s existing Gainesville mortgage of $25.3 million...
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Ayr Wellness Q1 Revenue Jumps 90% YoY, Acquires Herbal Remedies Dispensaries
Thursday, May 26, 2022 - 7:50am | 746Ayr Wellness Inc. (OTCQX: AYRWF) (CSE:AYR.A) released financial results for the three months ended March 31, 2022, revealing revenue of $111.2 million, up 90% YoY. Q1 And Recent Highlights Q1 2022 adjusted EBITDA of $19.5 million, up 6% YoY US GAAP operating loss of $21.1 million and $8.4...
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Ayr Wellness Announces $37.4 Million Upsized CAPEX Facility From XS Financial
Monday, May 9, 2022 - 12:03pm | 349XS Financial Inc. (CSE:XSF)(OTCQB: XSHLF), a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, has upsized its lease facility with Ayr Wellness (CSE:AYR.A)(OTCQX: AYRWF) up to $37.4 million including an immediate drawdown...
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XS Financial Upsizes Lease Facility With Ayr Wellness Up To $21.4M
Thursday, July 22, 2021 - 1:03pm | 471XS Financial Inc. reported Wednesday that it is upsizing Ayr Wellness (CSE: AYR) (OTCQX: AYRWF) with an equipment lease facility from $5.3 million to $21.4 million. The vertically integrated cannabis company has completely utilized the original lease facility while obtaining a total of $...