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Ayr Wellness Inc C.AYR.A

Alternate Symbol(s):  AYRWF

AYR Wellness Inc. is a vertically integrated multi-state cannabis operator in the United States. The Company operates simultaneously as a retailer with more than 90 licensed dispensaries and a house of cannabis consumer packed goods (CPG) brands. It is a cultivator, manufacturer and retailer of cannabis products and branded CPG, and is engaged in the manufacture, possession, use, sale, or distribution of cannabis and/or holds licenses in the adult-use and/or medicinal cannabis marketplace in the States of Massachusetts, Nevada, Pennsylvania, Florida, New Jersey, Ohio, Illinois, and Connecticut. The Company’s portfolio of CPG brands includes Kynd, Origyn Extracts, Levia, STiX Preroll Co., Secret Orchard, and Entourage, among others. It owns and operates a chain of cannabis retail stores under various brand names. The Company distributes and markets its products to Company-owned retail stores and to third-party licensed retail cannabis stores throughout its operating footprint.


CSE:AYR.A - Post by User

Post by getastewgoinon Aug 09, 2021 7:50am
180 Views
Post# 33670748

AYR PARTNER WINS DISPENSARY LIC IN ILLINOIS

AYR PARTNER WINS DISPENSARY LIC IN ILLINOISNEW YORK, Aug. 09, 2021 (GLOBE NEWSWIRE) Ayr Wellness Inc. (CSE: AYR.A, OTC: AYRWF) (Ayr or the Company), a leading vertically integrated cannabis multi-state operator (MSO), has announced that Land of Lincoln Dispensary, LLC (Land of Lincoln), was awarded a conditional retail dispensary license in Illinois via the states lottery process. Ayr is an operational and 49% equity partner in Land of Lincoln. The dispensary location is designated for Bloomington, Illinois, part of the Bloomington-Normal metropolitan area in Central Illinois. The combined metropolitan area has a population of ~190,000 people but only two existing dispensary locations to serve the market. Jonathan Sandelman, CEO of Ayr Wellness, said, Illinois presents an incredible opportunity for Ayr, and we are incredibly grateful to work with Land of Lincoln to make this happen. We could not think of a better partner as we look to bring the Wellness and Wonder of Ayr to Bloomington. Ayr recently announced the acquisition of Herbal Remedies Dispensaries, LLC, which owns two licensed retail dispensaries in Quincy, Illinois. This proposed acquisition represented Ayrs first move into Illinois, the eighth state in the Companys rapidly expanding footprint.
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