1Q21 Investor Update

CURRENT COMPANY SNAPSHOT Source: 3 Exceptional growth profile with revenue increasing over 100% into 2022, supported by solid margin structure and some of the best operating metrics in the industry $365m1 2Q 21 Annual Revenue Run Rate 550k+ Cultivation & Processing Facility Sq. Ft.. $110m1 2Q 21 Annual AEBITDA Run Rate 10,000+ Daily Transaction Count 1) Based on Q2 2021 Revenue of $91 million and AEBITDA of $27 million (in US GAAP) Includes pro-forma Illinois As of June 30, 2021 Avg Basket NV $63 MA $159 PA $140 FL $88 AZ $89 NJ $190 64 Dispensaries Open² ayr Strong Balance Sheet $124m Cash³ 1.8x Debt: EBITDA No Sale-Leasebacks Wholesale 280+ Licensed Dispensaries with Ayr products CSE:AYR.A, OTC:AYRWF 6

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