AYR Wellness Announces Commencement of Restructuring Support Agreement Article 9 Proceedings

Core Points - AYR Wellness Inc. is undergoing a debt restructuring process involving a foreclosure sale of certain assets and equity interests of its subsidiaries as part of the Restructuring Support Agreement dated July 30, 2025 [1][4] - The public auction for these assets is scheduled for November 10, 2025, and will be conducted by Odyssey Trust Company [2] - AYR will continue to operate its businesses during the restructuring process, ensuring the delivery of high-quality products and services [3] Company Overview - AYR Wellness is a vertically integrated U.S. multi-state cannabis operator with over 90 licensed retail locations across Florida, Pennsylvania, New Jersey, Ohio, Nevada, and Virginia [6] - The company cultivates, manufactures, and retails a broad portfolio of high-quality cannabis products, catering to both medical patients and adult-use consumers [6] - AYR also offers a growing suite of consumer packaged goods (CPG) brands, including Kynd, Haze, and Later Days, to meet diverse consumer needs [6]