AYR Announces Entry into Limited Waiver Agreement with
From GlobeNewswire: 2025-06-06 17:00:00
AYR Wellness Inc., a U.S. cannabis operator, has entered into a Limited Waiver Agreement with majority holders of its senior secured notes, providing a temporary waiver of certain default events, effective through June 19, 2025. The Company is actively negotiating with senior lenders to address its capital structure and payment obligations. The Agreement restricts majority holders from exercising default-related rights during the waiver period. AYR remains committed to delivering high-quality cannabis products and will provide updates on the Agreement. Forward-looking statements caution about potential risks and uncertainties. AYR Wellness operates as a retailer with 90+ dispensaries and cannabis CPG brands.
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