Mr. David Goubert reports

AYR WELLNESS EXPANDS FLORIDA FOOTPRINT WITH FOUR NEW RETAIL LOCATIONS

Ayr Wellness Inc. has opened four new retail stores in Florida, located in Lake Mary, Land O' Lakes, Orlando and Palmetto Bay.

"This latest group of store openings brings our Florida footprint to 57 stores, affording us the opportunity to introduce new communities to Ayr's customer experience and selection of high-quality offerings," said David Goubert, president and chief executive officer at Ayr. "Our ongoing commitment and investment in Florida is stronger than ever, as we focus on being a force for good in our local communities, creating lasting relationships with our patients, and continuing to grow our presence and footprint throughout the state."

Ayr's newest Florida stores include Lake Mary (Seminole County), Land O' Lakes (Pasco County), Orlando Landstar (Orange County) and Palmetto Bay (Miami-Dade County). Together, the stores feature more than 14,500 square feet of new retail space.

As Ayr continues to open stores and expand its customer base in Florida, it is concurrently preparing for the transition from Liberty Health Sciences to Ayr Cannabis Dispensary later this year. Each of the new stores will offer many of Ayr's national brands and products and feature a "bud bar," providing customers with a sensory experience showcasing samples of whole flower strains currently available for purchase. Additionally, the Palmetto Bay, Land O' Lakes and Lake Mary stores offer convenient drive-through pick-up options for its customers.

Florida has more than 800,000 registered patients enrolled in its medical marijuana program as of March 17, 2023, per Florida OMMU.

About Ayr Wellness Inc.

Ayr is an expanding vertically integrated, United States multistate cannabis operator. Based on the belief that everything starts with the quality of the plant, the company's mission is to cultivate the finest quality cannabis at scale and deliver remarkable experiences to its customers every day.

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 serve.