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Are you following MRCQF and MRCWF, which is Sandelman’s AYR’s Sister SPAC...After catching up on their Filings on Friday, yesterday they upgraded to OTCQX and had put out a Letter of Intent in February to make a qualifying transaction...Looks like they are about to Launch with over $411 mil usd and $344 mil in $11.50 Warrants to consolidate Cannabis Brands...You can buy a lot of Cannabis Brands with that kind of money.
Have you seen the After the Conference Call Analysts UPGRADES so far ...Beacon reiterating $76 cdn...Needham $43 usd...Canaccord $70 cdn...Echelon $70 cdn. Another acquisition or two that puts 2022 projected revenue above $1 Billion and were off to the races again with more upgrades and notice...
Conference Call Highlights...S-1 for UPLIST filed Last Week...$236mil for M&A and Expansion...Sandelman said it’s Eat Or Be Eaton, so AYR will be Eating ...Hoop Houses already built at Liberty 360...2 Florida Grow Experts have been on the ground for Several Months...Expect at Least $725+ mil in 2022 Revenue...I Expect New M&A Really Soon...:)
Personally, I’m looking for a Great MD&A in the morning...EOY Q is rather backwards looking...Current Q is looking pretty good...Q starting April 1st should be an Awsome one.
Beacon Analyst has raised the Price Target for AYR this AM to C$76 or $60 usd... With a caveat that if AYR was given the Same multiples as Big 4 Target would be C$88 or over $69 usd...Expect more Analyst Upgrades Soon...
Sorry, I didn’t mean LHS... just have been through this in the past, where shares got tied up during conversion at my Brokerage Co. and were like frozen, while other shareholders with other Brokers had their’s freed up in a couple of days... This one might go more smoothly.
My shares have been tied up at the Brokerage for days before during conversion and couldn’t be traded...Not planning on selling anyway, luckily... I’m just glad it’s over...lol
Liberty is Officially No More... Court Approved the Merger Today...All Liberty Shares were 100% Acquired...Liberty Shares Could Convert To AYR Shares Anytime in the next few days or a week or so.
Liberty announced this am that #30 Port Charlotte is now open and #31 Ft. Pierce will follow in a few days and Ft. Pierce will have a drive-thru window...Go AYR/Lhs
The closing date depends on regulatory approval from a couple of places (Canada and Florida) Which should not be a problem at all, however the closing date depends on those final approvals and there is no way to tell when those will finalize...The conversion rate is .03683 x (your share#) no matter, unless the AYR stock has major sell off below about $27 cdn ,then we get more shares...I personally want AYR rising though ...LoL
Congratulations to Liberty longs...Looks like we’re all AYRHeads Now...LoL..Been a long time coming...Motion FOR has PASSED.
Maybe you should get back in...Marketwatch Article from 2/10 showing MJ related Co’s with coverage of 5 or more Analysts puts AYR as #6 behind only...Valens, Cara, Medipharm, British Tobacco and Imperial Brands for future gain potential....AYR leads the other MSO’s listed and has been gaining interest since it exploded on the radar screens on 12/22 and 12/23 with the FL. NJ. and additional PA. adds...As near as I can see, they are sitting on Well over $300 mil in cash and callable deep in the money warrants, for added value and investment safety...I personally believe that Sandelman and Team, have no peers when it comes Banking, Securities And M&A experience and a great Grower included to boot...Any input is greatly appreciated.
Fox Business reported that it was some profit taking and a Short attack on some MJ companies that had larger short positions...Kinda a double whammy...Right now I’m wondering if the AYR name change is a precursor to a Liberty dispensaries name change to AYR Wellness...I would If I were them. They need to rebuild the quality of the products and build back the customer base anyway...It just seems to fit. Any thoughts?
AYR this am has changed its name to AYR Wellness to better reflect their commitment to Patient care...There will be no symbol change.
AYR mentioned on Fox Business...Making Money with Charles Payne as an undervalued MJ play.
Does anyone know that on 9/24/19 AYR, to defend its share price (and believing they were the best investment), announced a 5% Share Buyback. The most allowed by the CSE...They were in a wait and see period at the time, waiting on improved Overall Market Conditions. The buyback was conducted using Excess cash flow at the time. Who in MJ really does that...AYR has many tools in their chest and they know how to use them...Once the LHS vote is out of the way, The MJ world is their oyster...lol
If you were to believe as I do that the AYR SP should be valued Now at $66, then it’s not much of a stretch with AYR’s many future catalysts to hit my projected target range...( The Safe Act or similar would be huge also) The market needs to see the AYR/LHS vote pass, along with a few of the other new acquisitions closing in order the see SP rise by a lot more and/or just add some new excellent acquisitions...It’s one step building on another. Keep in mind some AYR shareholders got in around $7 and just today we’re UP 5X....They are some very happy campers. So what’s the problem with a another 4-5X from here...Safety, is in a Co. with ton of cash, in the money Warrants an can easily raise more using a high SP and extremely low all in Share Count...All of which is in the hands of Banking, Securities and M&A experts. Yep, I think it can get there, especially as retail investors find out more about AYR...Like who really even saw them on the MSO radar screen until Dec. 22 and there in its self is another upward catalyst...GLTA and goodnight
When this deal was first announced my first thoughts were, Why only 77cents...Where’s the other bidders and Who the Hell is AYR...LoL Took me some time to process it all...After reading up on AYR and coming to the belief that Sandelman is right.That if AYR was valued by the same metrics as its MSO peers they would be valued at $66 usd...Which is $66X .03683= $2.43 usd...Whether we get that much before the deal closes or not,(unlikely) going forward LHS shares will continue into the future inside AYR and can in theory be valued the same, into the future forever...As AYR adds the next few deals, using the same criteria as Liberty and others. Share Price will rise based on the added Future 2022 Revenue and other metrics...I honestly believe for more reasons that I can list, that our LHS shares internally, will Safely (key word) reach the equivalent of $4-$5 by September...IMHO...Everyone with questions should go to the AYR website and view the Investor Presentation...Also, tomorrow at 10am on Reddit the AYR COO and IR Head will answer questions about them and the LHS deal...
The AYR/LHS deal contains a Blue Sky Clause...At close of trading today Liberty shares at Conversion are worth $1.27usd per share. The higher AYR shares go up in value the higher your Liberty shares are worth when exchanged for AYRWF shares. Not to mention AYR is sitting on We’ll over $200 mil usd in cash and around $80-100 mil usd in deep in the money callable Warrants...After all acquisitions are complete AYR will only have 66.2 mil shares issued, all in...(And 7 fully funded states). Much, Much, Lower than any other MSO. Along with a high SP for the future 5 State expansion...Why would anyone turn the offer down? Last polling numbers were 121 For— 6 Against.... 20 to 1
Quality and Quantity are not Liberty’s Only problems...They are Legion !!!...Voted FOR this am...Liberty Investors Facebook Group poll is running at 116 to 5 FOR as of a few minutes ago...We need to be a Cheerleading for AYR to get our conversion price higher IMHO GLTA
That was the SP of the old phone company that Liberty reversed into ...Liberty itself was never worth $30.
The AYR/LHS Agreement put in somewhat of a bottom in case AYR SP fell ...As long as it stays above C$27 however, it’s the .03683 figure...The deal included an unlimited upside to Liberty shareholders, although our percentage dosnt increase, the value of our shares as if converted goes higher as AYR SP Increases...Hope this helps and GL
Those of us that have been posting on this Liberty Board for years, know your the Newbie Poster...IHUB luckily keeps every post and thread...Trying to demean and verbally bully experienced Liberty Investors is just plain wrong...My first Merger was over 40 some odd years ago between Kerr MacGee and New England Nuclear And where I turned a profit of over $9000, The equivalent of 2 Fully loaded Trans Ams at the time...5 trading days ago Liberty fell to $.8310...Not exactly a comfy feeling, as to where the Liberty SP would go on its Own. The Market has Spoken and No White Knight is riding to the Rescue...Anybody that can read LHS Fins, November Progress Report and add up last Q OMMU numbers ( a Q yet to be seen) knows Lhs is about out of cash...A No vote, sets up a situation we all should want to avoid...GLTA
I’ve seen this chart before from awhile ago... My understanding is it doesn’t reflect Revenues from the last acquisitions in FL. NJ. or the second PA. interests...Sandelman says his team can increase Liberty sales by it least 3x this year...End of 2021 and 2022 AYR Sales will be Huge...IMHO
The CFA at NCV shows $8.6 mil usd. adjusted operational income, on $45.5 mil usd. In sales...Q reported on 9/30/2020...Is that what you were looking for?
Megan at AYR IR stated that the 5 open Nevada dispensaries are averaging $20 mil. usd each annually. 1 more was scheduled to open by the end of Dec. There is another Henderson License that is waiting for local. approval. That would make a total of 7...AYR has a Store in Henderson already, that reportedly knocks down the $35mil. a year but it’s part of the overall average it appears. Where the extra earnings come from is Massachusetts wholesale and AYR sells into the NV and MA markets their own Branded Products, where more than half of the competitors carry AYR Products...Arizona is online with 3 stores and 8 coming as they are now Recreational. There is 1 MA store open and 5 more coming...PA has 6 coming. NJ is now Recreational and i believe will have 6 total there. OH looks to be a wholesale Grow and Product situation so far. AYR will push their own Brands into other Co.s dispensaries everywhere possible...The latest Sandelman Interview has him admitting to an interest in California, if he can get a full Vertical. He looks to be setting up 4 regional Hubs to save money. Kim Rivers at Trulieve a couple of days ago said that’s also what she is doing.
All info is as accurate as best I can recall and hope it helps.
Nice...That’s them. I can see some of their Brands in the photos. They have their own labels selling in most of the other competitor Co’s stores across NV...According to an Analyst I saw, they have the highest sales per sqft. Don’t know which one, but one of them knocks out $35 mil usd a year ...Thanks for the link and photos.
I BELIEVE their called...”the dispensary” in small caps with mountains in the background. I saw where they intended to leave other acquisitions in other states with their original established names. Sandelman said being that they only buy the most promising dispensaries, he didn’t basically want to confuse customers with a name change. He will just let his team improve them to capacity.
Hi Tiko, I know you’ve been here on the Liberty Board a really long time... I just finished listening to Today’s Newest Seeking Alpha Interview with Sandelman...WOW...He explains fairly much everything in regards to Liberty and the acquisition and future plans...It’s quite long. I would post it but I have no idea how to, with my I Phone...lol
Trulieve has 1.9 Mil sqft of Grow Space to Liberty’s 190,000. Trulieve is continuing to expand out into other States as we post. AYR is going to immediately pump in $15 mil usd needed to immediately expand and upgrade Liberty 360 to make LHS more Productive and competitive in FL.
You’re twisting what Sandelman said. He stated that he waited for 2 years before expanding, until a deeper bench in MJ was created. He further stated,
that he waited till his team created the Top metrics in the original Base States, so they could duplicate their success anywhere they went. Being 1 of 7 fully funded CO’s on the way to 12 or 13 is simply safer an smarter and spreads the many risks around. Just like Trulieve is doing.
Liberty had its value pumped out of it years ago leaving a High Share count and a low share price. To the point it’s struggling to compete in just FL alone.
You spent a lot of words to say that you don’t have any trust in AYR and you want to Keep Liberty as a OSO for the next 2-3 years hopes for a better deal. And really don’t care if our share price collapses back down.
Echelon’s Analyst just again, raised his stated conservative(by his own words) target price to C$58 and has a 100% success rate and has his Investors up around 250% so far on AYR. Needham’s Analyst says Green Thumb and AYR are his Top picks for 2021. Cannacord just raised their target price on AYR to C$60...Sandelman is playing 3 dimension chess with a very Low share count and very High share price, to its peers. While most other MJ CO’s are still playing on a flat board...
Your full of Hopium and a No vote...I’ve recovered and I am a firm Yes.
NOTE: Every Liberty Investor needs to do their own DD and not listen to mine or anyone else’s opinions. It’s in the AYR/LHS contract (everyone should read it) that other offers can be made and AYR has the opportunity to upgrade their offer. The market will decide what the correct offer price for Liberty is. Everyone with questions need to talk with AYR’ IR folks...GLTA
In comparison between AYR and Liberty on Revenue. You might want to talk to AYR’s IR folks. AYR has 5 NV. stores currently doing an annual avg.of $20mil each under Covid Lockdown. 2 more in Henderson waiting on the lifting of a moratorium. That’s just Nevada and are the considered by Analysts to be the top producers in the State. In Massachusetts AYR has the largest Wholesale operation there and are selling there own Branded products in the majority of stores in NV and MA. They just added 1 open store with 2 more coming this Q. and 3 more after that which is the max allowed.They currently sell wholesale at $4100 a lb but will get $7400 a lb now through their own stores. In Ohio they have a grow and processing facility and are working on a store there and will soon begin selling into the market. In PA they have added 2 new large full operations and are expanding as we speak. They have acquired an operation in AZ and selling there. Then there’s NJ which will turn Recreational quickly and they are firmly entrenched. AYR is Hiring in Chicago IL. which means they are coming soon. Analysts have estimated before FL. NJ. or the last acquisitions in PA. AYR would do $725 mil usd in 2022...Liberty on its own at $105 mil. On 1/29 Liberty’s latest Q will likely show they are out of funds for expansion. AYR’s Sandelman wants 5 more states in the next few months and could get 4 of those by a merger with Vireo Health,along with strengthening AZ. where Victor went and also who AYR bought the Ohio Processing Facility from for $4.6 mil.( and failed to mention them in the PR) AYR is setting up to take on Green Thumb with 12 States each and AYR has a very small share count to get there. Sandelman wants in the Top 5 and has said so. I expect him to add CA. before he stops...Sorry to have slammed all this together but I’m late for a call. GLTA
Gotta love a Newbie’s prospective...Victor presided over a 25% loss due to mold, failure to start edibles and a continuing inability to stabilize the SP. AYR most certainly wanted him moved out and to bring in Darren Potter as part of the Deal.
A problem with your thesis is SPE and Friends want out and they reportedly have control of around 52% of LHS shares...It doesn’t take a rocket scientist to figure they have at least another 15 % or so to vote with them. I’m a Yes...Good Luck with your Quest however.
AYR and Vireo fit like a glove together ...I’d be blown away if they don’t do a merger. Most people don’t know that AYR/ LHS and Vireo already have a connection other than Victor...AYR bought Vireo’s Ohio Processing Facility a few months back...Either way AYR is On it’s way to eventually take out GreenThumb and Cresco if they can, to be one of the Top 5 MSO’s...That’s the CEO Sandelman plan anyway.
You need to be watching AYR/Vireo Health + add IL. and Beyond.....Almost an overnight Top Tier 1...I can see it coming... Victor Mancebo going to Vireo, to be on the BOD...was the Key. Vireo cannot afford FL. So why Victor??? Vireo Health is nearly profitable(right down AYR’s alley)and centered in NY and active. AYR needs it’s Home State of NY(10 Licenses- 9 already in MSO hands...All the combined States of each complement each other... It all just makes perfect sense. Thoughts ???
MSOS ETF holds 2.62% in them and 3.81% in AYR. An awful lot of social justice warrior crap involved there, but it may work for them. Cobbling together all the pieces is gonna be daunting task...Think I’ll watch them for awhile and stick with AYR/ Liberty for now.
Yep...Wouldn’t want to play chess against him. Spent yesterday listening to all his interviews over the past months. He has had tremendous patience waiting for clearing skies for MJ to make his main moves. AYR’s extremely low share count is beyond impressive and allows expansion to be conducted without much dilution, to hit his current stated goal of entering up to 12 quality States. Sandelman has no peer in Banking and Finance, in regards to the MJ sector. Some LHS shareholders may bitch, but this is the Racehorse to be riding on in the new MJ Land Rush.
Other Liberty Boards are posting that AYR is Hiring in Illinois...Guess it’s State #8...The Land rush is On.
AYR is hiring in Illinois...It’s being posted on the other Liberty Boards by Hall...
Hey John...Been along time since we last talked on the Liberty Board. I’m looking forward to the AYR discussions, after the conversion is Official. The race for State #8 between Cresco and AYR is gonna be fun... both just entered FL. both just completed a cash raise for acquisitions...The big difference is I’ve seen an estimated Share Counts on both. Cresco May have a total share count of around 400 mil now, if accurate, while AYR is only about 74.5 mil shares...Please correct me if these numbers are off...AYR is an undervalued future Powerhouse IMHO...I’ve been looking at everything I can about AYR and am excited about its future. Almost weekly, Analysts are upping their price targets. Do you have a guess which State AYR will enter next ??? Their 10/1/20 PR Mentioned they were looking at NY,NM,Maryland along with Minnesota. The new MSO land rush appears to be On.
Some of you are overdosing on Hopium...Been there and now recovered. It’s been reported on several Liberty Boards that the SPE Family and Friends Control around 52% of Liberty shares and they want out...They don’t need many more of the outstanding shares to pass the deal in the grand scheme of things. Trulieve currenty owns the Florida market with multiple grow sites and massive production capacity that dwarf Liberty. I have no doubt that bringing on Our Grower Darren Potter was part of the AYR deal, especially since he and AYR’s Grower have worked together in the past to turn around a Florida Co. Victor was replaced because he reigned over about a 25% crop loss due to mold, Liberty should have had Eatables long ago and was another failure.,,AYR has promised $15 mil usd to upsize and improve production at Liberty 360 and is badly needed to compete with Trulieve...Ignoring the dangers of being an OSO in Florida is simply Nuts...I will repeat some again, since they have been Ignored by some. The Florida Supreme Court could rule against Verticals, destroying everyone but the strongest Players. A major Hurricane or Tornado hits Liberty 360.(Trulieve has multiple grow sites for protection). Another bad decision by the Board or Management. A NO vote resulting in a crashing SP, leaving LHS unable to raise funds and a loss of up to $1.75 million in expenses back to AYR .....Being 1 of 7 on the way to 12 States is profoundly safer and smarter...If you think AYR needs Liberty and not simply prefers us, think again...Florida is still full of License holders other than the Big MSO’s...AYR could also possibly pickoff the iAnthus property as they are in serious financial trouble( where our new COO Darren Potter came from). There are a number of undeveloped License Holders property up for grabs... And most Importantly there is also No Guarantee that Gov. DeSantis will approve Recreational in 2022 and has stated he is firmly opposed. Keeping Liberty an OSO is simply ludicrous and purposely destroying SP, even more so. Further more, We all are arguably probably wasting our time arguing over what is likely to be an already done deal...There are an awful lot of us long term holders who have waited and wanted a Buyout and are FIRM YES Voters...All IMHO GLTA