Ayr Wellness is an affordable cannabis stock that all investors should consider

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The cannabis MSO has a number of reasons why investors need to add it to a portfolio

The concern for many investors when looking for stocks with great potential is that they think most are extremely overpriced, especially after many headlines describe the markets as “frothy” at or near “all-time highs.” However, if you look hard enough, there should always be something that isn’t so expensive, and that’s where the eye has to be. Ayr Wellness, the US multi-state operator (MSO), may be a prime example when it comes to the cannabis industry today.

Ayr Wellness is at a bargain price, at least compared to its US cannabis peers. Many investors may wonder why the stock is trading so cheap, but for starters, it should be understood that Ayr operated in only two states to start 2020, but by the end of the year it will have a presence in seven. Ayr has had the ability to aggressively consolidate cannabis companies in states where the industry is highly relevant today, which indicates that its strategy is more than clear and it knows where to really set its sights.

Because of this, it is very likely that the market is not really aware of the power and potential that the company and its future earnings could have, especially when Ayr is still in the process of closing all these pending acquisitions. With a presence in Nevada and Massachusetts, its key new states include Florida and Pennsylvania (medical states with limited licensing), Arizona and New Jersey, states where marijuana has just been legalized.

On the other hand, should Congress somehow reverse federal prohibition, there is no doubt that Ayr could benefit handsomely, especially if it meets its 2022 earnings guidance.