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The latest update is out from Ayr Wellness ( ($TSE:AYR.A) ).
AYR Wellness Inc. announced updates to its dispensary network, with the opening of new locations in Miami, FL, and Niles, OH, while closing the Key West dispensary to improve operational efficiency. The Miami-Midtown dispensary is notable as the first medical cannabis dispensary within Miami’s city limits, representing a significant milestone in the company’s expansion strategy. The Niles, OH location marks the company’s fourth store in the state, with plans for further expansion throughout the year. These strategic moves aim to enhance customer service and product accessibility while optimizing the core retail footprint.
More about Ayr Wellness
AYR Wellness Inc. is a leading vertically integrated U.S. multi-state cannabis operator. The company operates a retail chain of cannabis dispensaries offering medical cannabis products, with a focus on expanding their market presence in key states like Florida and Ohio.
YTD Price Performance: -11.76%
Average Trading Volume: 317,883
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $55.35M
For a thorough assessment of AYR.A stock, go to TipRanks’ Stock Analysis page.
