February 7, 2022 — Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“Ayr” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator (MSO), today announced the opening of its 45th Florida dispensary, located in South Tampa.
“I’m proud to see our Florida team continue to thoughtfully expand our presence throughout the state, leading with the quality of the locations we are securing and the new stores that we’re building,” said Jon Sandelman, Founder, Chairman and CEO of Ayr. “Combined with recent improvements in selection in our stores – Origyn Extracts, Secret Orchard Sun Gems and fruit-forward vapes, Big Pete’s Cookies, and enhanced flower offerings – we feel better than ever about customer experience throughout our 45-store Florida footprint. We still have more to do to realize our full potential, but we’re very excited about progress so far.”
The new dispensary occupies over 3,000 square feet of prime retail space on Kennedy Boulevard, a well-traveled road in the area’s business district surrounded by restaurants and shopping areas. The store will have nine points of sale and feature Ayr’s full line of concentrates, edibles, gummies, vapes, and a selection of high-quality flower, including whole flower and pre-rolls.
In February 2021, Ayr purchased Florida-based Liberty Health Sciences (“LHS” or “Liberty”), which included 31 dispensaries across the state. Since then, the Company has opened 14 additional locations – bringing the current total to 45 stores.
Earlier this year, Ayr relocated its U.S. headquarters from New York City to Miami, underscoring the Company’s commitment to the region. Florida has ~676,000 patients enrolled in its medical marijuana program as of February 4, 2022, per Florida OMMU. Florida’s cannabis market ranks third in the nation by total cannabis sales, per BDSA, and generated over $1.2 billion in medical cannabis revenue in 2020. BDSA expects Florida’s cannabis market to generate $2.6 billion per year by 2026.
For more information about Ayr Wellness or to locate your nearest dispensary, please visit https://ayrwellness.com.
About Ayr Wellness Inc.
Ayr is an expanding vertically integrated, U.S. multi-state cannabis operator, focused on delivering the highest quality cannabis products and customer experience throughout its footprint. Based on the belief that everything starts with the quality of the plant, the Company is focused on superior cultivation to grow superior branded cannabis products. Ayr strives to enrich consumers’ experience every day through the wellness and wonder of cannabis.
Ayr’s leadership team brings proven expertise in growing successful businesses through disciplined operational and financial management, and is committed to driving positive impact for customers, employees and the communities they touch. For more information, please visit www.ayrwellness.com.
