AYR Wellness Extends Limited Waiver Agreement with Senior Noteholders

Core Viewpoint - AYR Wellness Inc. has entered into an Extended Agreement to extend the temporary waiver period related to its financial obligations, allowing for continued negotiations with senior lenders and exploration of strategic options to strengthen its capital structure [1][2][3] Group 1: Extended Agreement Details - The Extended Agreement extends the waiver period from June 19, 2025, to July 3, 2025 [1] - The waiver pertains to defaults related to the delay in filing interim financial statements for the quarter ended March 31, 2025, and specific payment defaults under other outstanding indebtedness [2] - This extension does not permanently waive existing defaults but facilitates ongoing dialogue to address financial obligations [3] Group 2: Company Overview - AYR Wellness is a leading vertically integrated U.S. multi-state cannabis operator with over 90 licensed dispensaries [5] - The company is committed to delivering high-quality cannabis products while positively impacting its team members and the communities it serves [5]