.
MergerLinks Header Logo

New Deal


Announced

Completed

Ayr Wellness completed the acquisition of GSD for $101m.

Financials

Edit Data
Transaction Value£73m
Consideration TypeOrdinary Shares, Cash, Loan Notes
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Pharmaceuticals

cannabis

Domestic

Majority

United States

Friendly

Acquisition

Single Bidder

Private

Completed

Synopsis

Edit

Ayr Wellness, a vertically-integrated cannabis multi-state operator, completed the acquisition of Garden State Dispensary, a cannabis store, for $101m. “We see an incredible opportunity to drive growth at retail with the introduction of our quality cannabis brands, expanded product offerings and exceptional in-store experience. Additionally, we see an excellent opportunity for wholesale growth given our planned cultivation expansion and past success at driving wholesale penetration in supply-constrained markets,” Jonathan Sandelman, Ayr Chairman and Chief Executive Officer.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US