Investor Presentation

adj. gross profit reconciliation AR Gross Profit (GAAP) all amounts in USD (in thousands) Incremental costs to acquire cannabis inventory in business combination Interest (within COGS) Depreciation and amortization (within COGS) Start-up costs (within COGS) Other (within COGS) Adjusted Gross Profit three months ended June 30 2021 22,313 2022 40,295 3,212 772 8,574 1,154 3,215 57,222 CSE:AYR.A | OTC:AYRWF 26,596 213 3,600 400 53,121 six months ended June 30 2021 46,779 2022 85,813 5,731 1,252 16,172 2,133 4,052 115,153 32,388 457 6,100 1,600 87,324 20

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