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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 Betteryear2on Dec 06, 2021 7:59am
159 Views
Post# 34201323

Approval to Begin Operations in 86,000 sq. ft. Facility

Approval to Begin Operations in 86,000 sq. ft. Facility

MIAMI, Dec. 06, 2021 (GLOBE NEWSWIRE) -- Ayr Wellness, Inc. (CSE: AYR.A, OTCQX: AYRWF) (“Ayr” or the “Company”), a vertically integrated U.S. multi-state cannabis operator (MSO) focused on becoming the most trusted producer of high-quality cannabis at scale, today announced that it has received a Temporary Certificate of Occupancy (“TCO”) to begin operations in its Phoenix, Arizona cultivation facility.

Jonathan Sandelman, Founder, Chairman and CEO of Ayr Wellness, said, “Ayr continues to execute on its plan for growth, with this Phoenix cultivation facility being the latest project to come online. Our talented cultivation team has already received great reviews for the Kynd premium flower being grown in our Chandler, Arizona facility, and we look forward to scaling production with this larger space. The flower produced will supply our three Oasis dispensaries, as well as our growing wholesale business in the state.”

The first crop was planted over the weekend, with its first harvest projected for mid-March 2022.

The Company anticipates receiving local and regulatory approvals for additional sections of the cultivation facility in the coming weeks.


https://www.globenewswire.com/news-release/2021/12/06/2346492/0/en/Ayr-Wellness-Receives-Approval-to-Begin-Operations-in-86-000-sq-ft-Arizona-Cultivation-and-Production-Facility.html

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