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Ayr Wellness Cannabis Borrows $150M At 9.8% For 3 Years On Heels Of Acquisition Spree

Ayr Wellness Cannabis Borrows $150M At 9.8% For 3 Years On Heels Of Acquisition Spree

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Vertically-integrated cannabis multi-state operator Ayr Wellness Inc. (CSE:AYR) (OTCQX:AYRWF) announced Friday it has added roughly $150 million to its balance sheet following the sale of additional 12.5% senior secured notes. Based in Miami, the company reported that it has closed a private placement offering of roughly $133 million aggregate principal amount of notes at a premium price of $1,070 per $1,000.

...read full article on Benzinga

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