Ayr definition

Ayr means Ayr Wellness Inc.;
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Ayr or the “Company”), a vertically-integrated cannabis multi-state operator (MSO), has entered into a binding letter of intent to acquire PA Natural Medicine, LLC (“PA Natural”), an operator of three licensed retail dispensaries, deepening Ayr’s presence in the rapidly growing medical market in the Commonwealth of Pennsylvania. “Our goal across our footprint is to develop scale and meaningful presence in each of our markets. Today’s announcement builds on our already strong position in Pennsylvania, where we have built a tremendous foundation since entering the state just a few months ago. Our three Ayr Wellness stores, open an average of less than six months, are run-rating at over $7 million in annualized revenue per dispensary and our cultivation facilities are producing some of the best reviewed flower in the state,” said Xxxxxxxx Xxxxxxxxx, Ayr Wellness Founder, Chairman and CEO. “With such great momentum in this market, we are expanding our retail presence with the acquisition of PA Naturals, a three-store operation in central Pennsylvania with some of the best operating metrics in the state and a complementary footprint to our existing six licenses. We look forward to welcoming the great people of PA Naturals to the Ayr team,” he concluded. PA Naturals has locations in the college towns of Bloomsburg and State College, as well as Selinsgrove, PA and operates under the retail banner “Nature’s Medicine”. The acquisition is expected to close in Q4 2021 and the Company expects to rebrand the dispensaries under the AYR Wellness banner shortly after closing. Ayr intends to purchase 100% of the membership interests of PA Natural. The terms of the transaction include upfront consideration of $80 million, made up of $20 million in stock, $25 million in seller notes and $35 million in cash. An earn-out of up to $40 million, based on 2021 EBITDA hurdles, is payable in Q1 2022 and includes a maximum additional cash payment of $10 million with the remainder paid in stock and notes. The acquisition is subject to customary closing conditions and regulatory approvals. Operations of PA Naturals will remain unchanged pending the closing. Forward-Looking Statements Certain information contained in this news release may be forward-looking statements within the meaning of applicable securities laws. Forward-looking statements are often, but not always, identified by the use of words such as “target”, “expect”, “anticipate”, “believe”, “foresee”, “could”, “would”, “estimate...
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Ayr means the institution named Ayr College being a college of further education prescribed under section 11(1) of the 1992 Act(2);
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Examples of Ayr in a sentence

  • I have reviewed the interim financial report and interim MD&A (together, the "interim filings") of Ayr Wellness Inc.

  • Prior to the Qualifying Transaction, Ayr was a special purpose acquisition corporation.

  • Martin41 Whittington Hospital, London, United Kingdom, 2 The Ayr Hospital, United Kingdom, 3University of the West of Scotland, Paisley, United Kingdom, 4 University of the West of Scotland, Ayr, United Kingdom Background: There is a lack of a psychometrically robust bariatric-specific health related quality of life (HRQOL) tool.

  • AfterT -duality η˜3 should be the Poincar´e dual to D6 while η˜5 = η4 ∧ (dt + ...) - to D4.

  • Through its operating companies, Ayr is a leading cultivator, manufacturer, and retailer of cannabis products and branded cannabis packaged goods.

  • Kindleberger’s survey (2005) linked the bankruptcy of the Seppenwolde syndicate with Fordyce and the fall of the Ayr bank, claiming that the crisis began the summer of 1772.

  • Purchase consideration was comprised of the following: SharesValueCash Pursuant to the terms of the Canopy Agreement, Ayr satisfied the purchase price of $17.0 million for Canopy through the following: i.

  • Purchase consideration was comprised of the following: SharesValueCash Pursuant to the terms of the Washoe Agreement, Ayr satisfied the purchase price of $33.9 million for Washoe through the following: i.

  • Complaints to the NHS Board are made to the Patient Relations and Complaints Department, NHS Ayrshire and Arran PO Box 13, Eglinton House, Ailsa House, Dalmellington Road, Ayr KA6 6AB in writing, by telephoning 01292 513 620, or by emailing xxxxxxxxxxxxxx@xxxxx.xxxx.nhs.uk.

  • A highly experienced pilot swooping in at Ayr in North Queensland.

Related to Ayr

  • B-BBEE means broad-based black economic empowerment as defined in section 1 of the Broad-Based Black Economic Empowerment Act;

  • Summer Season in any year, means the Season commencing on 01 April in that year;

  • Raffle means a lottery in which the prize is won by (i) a random drawing of the name or

  • Panchayat means an institution (by whatever name called) of self-government constituted under article 243B, for the rural areas;

  • Growler means any refillable, resealable container complying with federal law.

  • Seaplane means an aeroplane capable normally of taking off from and alighting solely on water;

  • Estuary means a semi-enclosed, naturally existing coastal body of water which has a free connection with the open sea and within which seawater is measurably diluted with fresh water derived from riverine systems. [Section 373.403(15), F.S.]

  • PEBB means the public employees benefits board.

  • STU means the Board or the Government company notified by the respective State Government under Sub-section (1) of Section 39 of the Act;

  • We/Us/Our means TATA AIG General Insurance Company Limited.

  • Bishop means the Bishop of the Roman Catholic diocese of Leeds in which the Academy Trust Company is situated (as defined in Canon law) and includes any person exercising Ordinary jurisdiction in his name (including Vicars General and Episcopal Vicars) and any person delegated by him, including officers of the Diocese;

  • Loft means an intermediary floor on a residual space in a pitched roof; above normal floor level with a maximum height of 1.5 metres and which is constructed or adopted for storage purposes;

  • Graywater means untreated wastewater that has not been contaminated by any toilet discharge, has not been affected by infectious, contaminated, or unhealthy bodily wastes, and does not present a threat from contamination by unhealthful processing, manufacturing, or operating wastes. "Graywater" includes, but is not limited to, wastewater from bathtubs, showers, bathroom washbasins, clothes washing machines, and laundry tubs, but does not include wastewater from kitchen sinks or dishwashers. Health and Safety Code Section 17922.12.

  • Lacquer means a clear or opaque wood coating, including clear lacquer sanding sealers, formulated with cellulosic or synthetic resins to dry by evaporation without chemical reaction and to provide a solid, protective film.

  • EMMA means the Electronic Municipal Market Access system as described in 1934 Act Release No. 59062 and maintained by the MSRB for purposes of the Rule.

  • PETE means polyethylene terephthalate, labeled by the SPI code #1.

  • Qard means a contract of lending money whereby the borrower is obliged to repay the equivalent amount to lender.

  • Tabarru’ means donation for the purpose of solidarity and cooperation among the Takaful Participants and to be used to help all Takaful Participants in times of misfortune. In the context of the Company, Tabarru’ will be allocated into the Participants’ Risk Fund.

  • Wagon means any Rollingstock designed to carry any load other than passengers;

  • WADA means the World Anti-Doping Agency.

  • Cottage Sector Means a single dwelling that does not have a common facility for a multiple number of tenants.

  • Crosswalk means that part of a roadway at an intersection included within the connections of the

  • AT&T means AT&T Corp., a New York corporation.

  • Sailboat means the same as that term is defined in Section 73-18-2.

  • Garden means an area within a cemetery established by the cemetery as a subdivision for organizational purposes, not for sale purposes.

  • seaman ’ means an individual (except scientific personnel, a sailing school instruc- tor, or a sailing school student) engaged or employed in any capacity on board a vessel.