Investor Presentation

built for the future Engaged in expansion projects across our footprint to fuel future growth cultivation Warrendale, PA 45,000 sq ft Completed¹ December 2020 Pottsville, PA 38,000 sq ft Completed¹ March 2021 retail Back Bay Boston, MA 4,500 sq ft Completed² February 2022 Watertown, MA 3,700 sq ft Completed² May 2022 AR cultivation Phoenix, AZ 80,000 sq ft Completed¹ December 2021 cultivation Milford, MA 93,000 sq ft Completed¹ August 2022 1) Cultivation completion defined as first planting of Phase I or full facility, as applicable 2) Retail completion defined as receipt of Certificate of Occupancy cultivation Ocean County, NJ 76,000 sq ft Completed¹ May 2022 cultivation Parma, OH 58,000 sq ft E. Completion¹ Q4 2022 CSE:AYR.A | OTC:AYRWF now Ocean County, NJ MPF CT Boston, MA 13

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