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AYR Wellness Divests Cannabis Operations in Florida, New Jersey, and Nevada to Arboretum Capital
AYR Wellness finalized the transfer of its cannabis operations in Florida, New Jersey, and Nevada to Arboretum Capital on Tuesday. This transaction marks a significant shift in the company’s geographic footprint as it exits these three state markets to consolidate its business interests.
The agreement involves the complete handover of operational control and assets within these jurisdictions to the investment firm. By divesting these specific regional holdings, AYR Wellness alters its current multi-state portfolio, leaving the company to focus its resources on its remaining operational territories. The transition of these facilities and licenses to Arboretum Capital follows the terms established in the divestiture agreement, effectively ending AYR Wellness’s direct involvement in the Florida, New Jersey, and Nevada markets.
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Date: June 2, 2026
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