MIAMI, Florida, December 6, 2021 - PRESS RELEASE - Ayr Wellness, Inc. (Ayr), a vertically integrated multistate cannabis operator, announced it has received a Temporary Certificate of Occupancy (TCO) to begin operations in its Phoenix, Ariz., cultivation facility.

"Ayr continues to execute on its plan for growth, with this Phoenix cultivation facility being the latest project to come online," said Jonathan Sandelman, Ayr founder, chairman and CEO. "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.

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