Ayr Wellness Inc. AYRWF

Did you know they have defaulted on their debt payment June 30th and their PA medical cannabis licenses are being challenged?

For some reason, my posts don’t show up frequently. I’m gonna try this again. I went to the AYR.A annual meeting. Besides the lawyer, the trustee and the person who put forward motions the only other person there with Scott Davido the interim CEO, who really is a guy that goes in and figures out what the hell to do with companies like this one. I was the only other person there. It lasted about 15 minutes at the most where they just read from a script and went through the motions of reelecting the board and yada yada yada . I really wish I’ve asked how it all transpired that CEO resigned in August of last year and then the CFO resigned in February. I wondered if it was board lead or shareholder lead. how long has this really been going on. It’s pretty interesting as well the fact that none of the investment house, of which there aren’t that many, has that have followed the stock market over this period have communicated orecentlitoranybody any insight into what’s been going on or

I’m going to the annual meeting today, June 30 at the Toronto, office of I guess their lawyer or a lawyer. It’s right around the corner from where I work. Let’s see what happens at this meeting.

Where do you get your info Russell?

I wouldn’t read too much into the US stock price. Easily could be more about short covering then resolutions. Not fun to have a short position in this situatuion. Shorte have UNLIMITED LIABILITY. Shareholders liability stops at 0

FYI. Shorts bl BUY back positions not sell!

Well we’ll see.

Green fish- Because Rec MJ in Florida didn’t pass last year. AYR took a huge dump after that. Plus all their debt.

Apparently 56% isn’t a majority in a crooked system

What are you specifically asking about when you say “What happened to AYRWF?” Do you mean why did it go down so much? If that’s the question, simply read the comments in the thread.

I should point out that the cease trading order is on the Canadian stock exchange. I guess it will continue to trade over-the-counter in the US.