Investor Presentation

third quarter financial highlights¹ AR $114.4m Revenue +5% QoQ Transactions 53% Adj. Gross Margin² $73m Cash Balance³ 1) Activity relating to Arizona is omitted as discontinued operations 2) See Appendix for calculation of Adjusted Gross Profit & Adjusted EBITDA and reconciliations to GAAP figures 3) Pro-forma to include proceeds from Florida facility mortgage refinancing and upsizing 4) Percent of products produced by AYR sold at own-retail; 50% without FL contribution $28.4m AEBITDA² 70% Internalization Rate4 CSE:AYR.A | OTC:AYRWF 25% AEBITDA Margin² $22.9m YTD Operating Cash Flow 6

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