ayr is an expanding vertically integrated, U.S. multi-state cannabis operator, focusing on high-growth markets. With anchor operations in Massachusetts and Nevada, the company cultivates and manufactures branded cannabis products for distribution through its network of retail outlets and through third-party stores.
ayr strives to enrich and enliven consumers’ experience every day – helping them to live their best lives, elevated.
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current oil production
who we are.
Growth plan focused on established businesses, best-in-class operators.
Disciplined in our M&A strategy targeting limited license states to cluster and penetrate, building regional clusters and brand strength.
We focus on profitability and cash flow.
Consistently committed to transparency and maximizing shareholder value. A good steward of capital.
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Raised over C$130M in a public offering of Canadian-listed SPAC shares for the acquisition of U.S. cannabis operators.
December 2017 – October 2018
Evaluated over fifty potential acquisitions, eventually signing purchase agreements in October 2018.
Closed qualifying transaction.
July to August 2019
Began trading on OTCQX under ticker: AYRSF
Moved to the Canadian Stock Exchange (CSE) under ticker: AYR.A
Awarded final license approvals for MA cultivation expansion.
1st harvest at MA cultivation expansion (lb/yr: 7k flwr, 670 oil)
33% increase NV capacity at highest volume stores (POS expansion)
1st harvest from NV cultivation expansion (lb/yr: 2.3k flwr, 450 oil).
Targeting $4M per month in Cash Flow from Operations from Massachusetts and Nevada footprint.
NV Production expansion online, increasing capacity in extraction, MIPs, pre-rolls, vapes.