About Ayr Wellness

Ayr Wellness is a vertically integrated cannabis operator focused on the eastern United States with key operations in Florida, Massachusetts, Pennsylvania, New Jersey, Ohio, and Illinois. The company grew rapidly through acquisitions in 2020-2021 and operates dispensaries under multiple retail brands. Ayr has focused on building scale in limited-license markets.

Key Facts

  • 1Operates dispensaries in Florida, Massachusetts, Pennsylvania, New Jersey, Ohio, and Illinois
  • 2Grew rapidly through over $1 billion in acquisitions in 2020-2021
  • 3Strong presence in Florida with significant dispensary count
  • 4Headquarters in Miami with cultivation facilities in multiple states

Frequently Asked Questions

What is Ayr Wellness's strategy?

Ayr focuses on building dominant positions in limited-license US states where competition is restricted by regulation, creating higher barriers to entry and stronger market positions.

What states does Ayr operate in?

Ayr operates in Florida, Massachusetts, Pennsylvania, New Jersey, Ohio, and Illinois, with Florida and Massachusetts being its two largest markets by revenue.

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