Cannabis Retail and CPG

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AYR Wellness Provides Update on Q1 2025 Interim Filings
Globenewswireยท 2025-06-27 12:00
Core Viewpoint - AYR Wellness Inc. is currently facing delays in filing its interim financial statements due to ongoing negotiations with creditors and the assessment of accounting classifications for certain debt obligations, which are part of a broader strategic review process to address payment obligations and support long-term plans [2][3]. Financial Status - The interim financial statements for the three-month period ended March 31, 2025, have not yet been completed, and the company does not have a precise estimate for when they will be filed [3]. Regulatory Impact - A failure-to-file cease-trade order (FFCTO) issued by the Ontario Securities Commission is in effect, prohibiting all trading in AYR's securities across Canadian jurisdictions, and this will remain until the interim filings are completed [4]. Company Overview - AYR Wellness is a vertically integrated U.S. multi-state cannabis operator with over 90 licensed dispensaries and a portfolio of cannabis consumer packaged goods (CPG) brands, committed to delivering high-quality products and positively impacting its communities [6].