Investor Presentation
efficiency in a highly fragmented environment
AR
8-state footprint | ~40% market reach¹ | $28B industry in 2022
V2022E Sales: $1B
21+ Population: 2.4M
2022E Sales: $2B
21+ Population: 9.4M
AZ 2022E Sales: $1.5B
21+ Population: 5.5M
1) Based on 2022 estimated total U.S. sales of $28B
2) Source: BDSA | 2022 estimated population & sales data
IL
2022E Sales: $2.3B
21+ Population: 1
2022E Sales: $1.6B
21+ Population: 9.7M
FL
Adult-Use Market
PA
MA 2022E Sales: $1.8B
21+ Population: 5.3M
OH 2022E Sales: $500m
21+ Population: 8.8M
Medical Market
CSE:AYR.A | OTC:AYRWF
J2022E Sales: $790m
21+ Population: 6.7M
$45B by 2026²
Cannabis is unlike any
other industry.
Each state a closed
ecosystem of regulation
and market dynamics.
Our goal is an optimized
footprint that promotes
consistency and quality of
products, brands, and
customer experiences.
7View entire presentation